If BTC goes to 8k or lower we can see XRP at .70 cents then drop further to .36 cents if BTC drops lower.
- Stay calm and relaxed (no panic selling ) as XRP should recover quickly as the future graphs Ive looked at show XRP heading to 7.80 and above in the coming weeks/months.
This is just a regularly scheduled Crypto market correction and the coins will return to their regular behavior in a few weeks.
So the coins correct to prevent a market failure crash (top heavy) . A correction means they come down to touch closer to their trend line ( that is the line the graphs sit above) . They correction prepares them to move much higher and we can expect to see this behavior at least 2 or 3 more times in 2018 .
The first coin that leads the new pump is BTC it moves alone and the other coins wait idly . After a few weeks of pumping BTC stops and the ALT coins start pumping and move past their last ATHs . ( The First Alt coin to usually go up is XRP its also the last )
After all the coins go past their ATHs BTC starts to correct again and drops closer to its trend line ( meaning it drops very low) there is usually lots of FUD at this time but ignore it . The ALT coins soon start correcting and they also correct very low . When BTC hits its correction level it starts moving up again and the cycle repeats.
Interesting, to say the least!
So im expecting it to occur withing the next 3 weeks. Dont be alarmed when it occurs, its the nature of the crypto market
You bet it did . Welcome to the Crypto market