Ripple price is soaring, why? According to CoinMarketCap 48% of Ripple trades in the last 24 hours were with Korean Won.
In addition Korean Won trades are at a 36% premium to other trades (up from 28% this morning). It's fairly clear the Koreans are pumping Ripple. What will happen when it ends?
Korean Won trades are $4.30 vs $3.20.
Bitcoin was overbought since about the $12k mark. Correction has occurred. There hasn't been any fundamentally negative news relating to Bitcoin. There is strong demand. Now is a good time to buy.
Mid-term positive news is Coinbase and Blockchain.info adding support for SegWit in 2018 which will increase number of transactions and reduce transaction fees....