DrJLT

XRPUSD irrational exuberance: Can this end well?

DrJLT מעודכן   
Ripple's market cap is circa $100 billion.
JPMorgan 370B
Wells Fargo 299B
Goldman Sachs 96B

Maybe it'll go to $100/XRP?

Still, I'm not putting "Short" sign to this post b/c there's a decent chance Ripple may overtake Bitcoin in market cap in the first weeks of 2018.

TA doesn't work at this point. It's a risky move, but this one may just keep going up. On the other hand, it can go down any moment for a 80% cut.

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הערה:
We got a shooting star doji yesterday. I'd say at least for a couple of days ATH won't be broken. If today we have a long red, that's a strong evening star top reversal pattern.
הערה:
Will XRP overtake bitcoin in market cap this month? There appears to be a push to at least $4. I'm really feeling the regrets & fomo now.
הערה:
Important news found by @quantguy

www.forexlive.com/ne...rted-assets-20180104

Ripple probably won't go higher for now. Has everyone missed out on 1000% profit?
הערה:
Ripple was setting up bull trap

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