Cryptocurrency recover, Ripple added 4.08% Ethereum boosted by 4.05%

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The main cryptocurrency Monday a bit growing up, korrektiruete up after a long fall that followed the news of tighter regulation of the cryptocurrency market in China, as well as banning advertising of crypto-currencies on LinkedIn.
Some positive aspects on the market brought the news that the smartphone manufacturer from China OnePlus intends to develop the field of cryptocurrencies.
According Libertex, the rate of Ripple from 12:00 GMT April 1, has grown by 4.08% and by 12:00 GMT April 2, March amounted to 0.49 per dollar when the market capitalization of 19.3 billion dollars. Ethereum per day has strengthened its position by 4.05% and costs 12:00 GMT 392,3 dollar. Ethereum capitalization of 38 billion dollars. Market capitalization of crypto-currencies at 12:00 Moscow time has made 263,4 billion.
During the day, it is possible to predict further moderate strengthening of the courses of cryptocurrencies, however, the downward trend has been formed, so it is unlikely to be long-term and significant. Rate Ripple will move at 0.49 per dollar, and Ethereum will be at the level of $ 390.
Some Western markets are still closed due to the celebration of the Catholic Easter, which reduces the trading activity in the markets. However, the price of oil is rising and has risen to $ 70 per barrel of Brent crude because of uncertainty about the prospects for a nuclear agreement with Iran.
In the Euro-dollar may be noted the weakening of the dollar to 1,2331 of the dollar against the Euro. Likely, the downward movement of quotations of the American currency will continue on the background of rising oil prices and the dollar will fall to 1.24 dollar per Euro.
However, on the Russian currency market on Monday, the ruble weakened against the dollar and the Euro, despite rising oil prices. The decline of the Russian currency contributes to the aggravation of political contradictions between Russia and the West. The dollar at 12:00 GMT has strengthened against the ruble 16 kopecks 57,31 of the ruble, the Euro by this time increased by 21.75 pennies to 70.65 ruble.
During the day, it is possible to predict further weakening of the ruble as political conflict is gaining momentum. The dollar on Monday can grow to the level of 57.4 ruble against the dollar and to a level of 70.7 of the ruble against the Euro.
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Ivan Marchena,
Analyst
GK Forex Club