Cryptocurrency forecast: Ripple and Ethereum exchange rate strengthened slightly

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The main cryptocurrency on Friday, virtually unchanged in value against the background of predominantly negative conjuncture of world stock markets.
According Libertex, the rate of Ripple from 12:00 GMT on 1 March has grown on 0,03% and by 12:00 GMT on March 2 amounted to $ 0.91. The rate of Litecoin during this period of time strengthened by 0.02% to 208,23 dollar. Ethereum per day has strengthened its position by 1.1% and costs 12:00 GMT 869,99 dollar.
The news can mention the statement that the Finance Ministry and the Central Bank did not come to an agreement on the issue of legalizing the cryptocurrency exchange for rubles, so it was transferred to the government level. In turn, the Ministry of communications announced the possible emergence of exchange exchange of cryptocurrencies in the country.
During the day, it is possible to predict further moderate strengthening of the basic cryptocurrency, although it is likely to be insignificant: the rate of the Ripple can go up to 1 dollar, Litecoin has a chance to grow to $ 210, and Ethereum will rise to the level of $ 870.
On the Russian stock market on Friday observed moving in different directions, despite the predominant falling of world exchange indicators after the speech of the President of the United States Donald trump’s statements about the new import duties. The RTS index grew by 12:00 GMT on 0,14% – to 1275,93 item, index Mosberg decreased by this time by 0.27% to 2291,62 points. We can predict that during the day the index Mosuri will move in a corridor extending from 2280 to 2310 points.
In the Russian currency market there is a gradual strengthening of the ruble. The dollar at 12:00 Moscow time the ruble fell by 18.25 pennies to of 56.64 ruble, the Euro by this time was reduced by 15.25 pennies to 69,52 ruble. The expected daily range for the movement of the dollar is for 56.3 57.4 per ruble, the European currency, 69-70,4 rubles.
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Ivan Marchena,
Analyst
Forex Club