I havent seen dump like this since June of 2017. Is it over I don't think so.
We could see 8k tomorrow or sometime this week.
You can add more coins to your portfolio at this levels or wait for the market to turn around
when that will happen no one knows but it will turn around.
It is really hard to predict the behavior of people in this market.
Whenever comes to TA it is hard to predict when the market will dump specially this market. However, a lot of inverstors were waiting for dump like this. When it will turn around anyone's guess.
Howeever, your goal should be to sale and buy at lower price if you cant do that just leave the trade for long term because this market will turn around and hit ATH...
I have been following this market for 3 years and I cant count the number of time bitcoin has been death or China bans this or that. Anything that China bans is good for general public. Now we have news from Korea that they are considering to ban cryptocurrency trading so what. If Korea bans cryptocurrency someone else will open their market and buy. This is not a...
This week Ethereum stole the show, money went to ETH, we dont have any new money coming into market. XRP is at critical stage it could reverse or breakdown to dollar. However, from the data it seems like it is turning around. I would buy some at this point and wait what gonna happen. In the long run XRP will go back to ATH but how long it will take we dont know.
Ethereum is the main coin behind majority of ICOs right now. On top of that majority blockchain applications are build on top of ethereum. Plus many of those projects doing really well.
You can trade this coin or buy and hold for long term.
We have two targets for now