As you can see utilizing Elliott and some indicators, RIOT is getting ready to potentially be a great buy. The RSI is oversold greatly, about to nail support, and the fibs line up great. There is always a potential to be wrong, so manaeg risk appropriately.
Definitely agree RIOT, like everything else, is oversold right now, but a 10x isn't happening. BTC would have to double or more for that to happen. Remember how correlated the price of BTC/Crypto is to these miner stocks.
I would say it is safe to assume a retracement back to 30-35 level by June.
Capriccio
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Do you think Mining Stocks could behave like Alt coins?
I would say it is safe to assume a retracement back to 30-35 level by June.