if we are retracing back,i am afraid it will not touch $4800 level,
but instead it will reach $4000 level or even worst than that,afterwards consolidating and moving upward slowly.
i think for now $5000 it's the highest because right now we can see the price hit $5200 level,
which mean we're approaching another resistence around $5500.
expecting a little drop before break that level and then sideways a few days.
it's exploding because another coin will be created,and nobody want to miss it.
i am afraid when it explode,it will be huge
Yeah, You are quite right on this -(it's exploding because another coin will be created,and nobody want to miss it.).
Meanwhile, this is why I'm looking at that retracing step. This could happen just immediately or few hours before the coin it's released (because it is always fundamentals that will change the direction of the market, technicasl are just stooge to the market and taking orders with gradual steps) which you also support .
.I had already known it was going to touch the $5000 mark this month, it got to my prediction quite early.