Last year cryptocoins have made spectacular returns, now the market is cooling down. Fear, uncertainty and doubt are controlling the market. The bears are still in the game. I believe we are first heading to lower levels before the tide can turn into favor of the bulls. I sold the bounce back up a few days ago once i realised the party is over for now. Made the mistake not selling in December. For the last 4 years every January there is a dip. Sell in December and come back in ... ? On a fundamental point of view i do like ripple a lot. I'm going to wait some more till the storm is over.
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Ripple tends to increase in price to very high levels and then just go down for extended period of time.
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Crashed as expected but no v shape recovery. I expect cryptocoin market to go sideways the next few months and then slightly recover. Buy the dips.