Are we setting up a new wave 3 of a new 5 wave impulse wave? Notice the similar pattern between wave 1 and 2 as we retraced.
That would see us to 100k per bitcoin as we enter adoption and BTC tackles its scaling problems.
I give litecoin an avoid rating now after the news that Charlie Lee dumped all his holding on the recent parabolic move.
From now i can see sideways down action.
Litecoin doesnt really offer enough more than BTC IMO to justify the parabolic move in value. Its use case isnt really much different to BTC except its shorter block time. Ripple can probably justify a ...
Extreme parabolic move on ripple. This is likely to either result in a pump n dump, or a long term sideways flag. I would not be buying long term up here, if youre long from lower hold or trade the range.