Hello
What do you think after seeing the downward moves from Thursday and Friday? Are you still optimist?
whitejade
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@crytotango, Thurs and Fri drops were a good thing. RSI was way overbought and needed to come down to earth. We're still in a bullish upward trend. Friday's dip retraced perfectly to the .23 fib. I think we're in good hands and this is still a great buying option here. Cheers
crytotango
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I hope you are right Whitejade, I really need this one to work!
Since it has gone up so much, at what point you would say it is changing direction?
@crytotango, I think we see $14-20 before the EOY and at that point we might see a change of direction but that’s a longer term swing. Visa and XRP are huge plays. I wouldn’t be surprised by a BO offer either.
based on technicals or fundamentals too? I was reading about their last earnings and they didn't do good at all. what's your take on that? Do you think Ripple coming into their game changes everything?
What do you think after seeing the downward moves from Thursday and Friday? Are you still optimist?