Cryptocurrency focus – Ripple, Bitcoin, Etherium and Doge, it does sound like a 16th-century song. But it’s not. So in focus Bitcoin after a correction as predicted it’s carrying up. Etherium took a drop over the weekend but is moving positively although it has a gap to make up (which it will as they normally do.
Ripple is still making nice recoveries on its pullback after the high although is floundering a little, again a drop over the weekend but a fair price which is higher than it’s the previous price. I’m looking for a move on this cryptocurrency but I need to see more volume in this market. We need some good news from the SEC and exchanges like coinbase taking Ripple back under its wing.
Bitcoin is the star of the show. If it breaks it’s previous high who knows where it will go if it breaks out. To answer the question of the young man on Facebook this week:
Should I invest $5 a day in Bitcoin?
Yes, Yes you should.
DOGE is still increasing slowly after a rally and is worth a small investment although it has flattened off. I’d like to see it break up above it’s previous high.
I will be looking at stocks later – might have some exciting news on $GME / Gamestop which as you know I’m holding along with many others. If the short squeeze is over this could be a very interesting day.
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