I want to share an original analysis from Kuang Ren, a Chinese analyst about ETH and XRP, please feel free to leave your comments below:
ETH:
The demand surplus in ICO makes ETH remain extremely strong, the longer ETH oscillates at the high level, the more likely ETH will move in an independent way afterwards.
You can hold your chips for now though altcoins and other major coins may face another round of correction, ETH still holds a chance for an independent move.
XRP:
XRP is getting weaker and weaker and struggles to hover around the support level at $1.8 without any strong bounce. Positions can be cleared when you think it’s necessary since oscillating move remains the main trend.
Original by Kuang Ren, translated and posted by AICoin Jami.
I give you a suggestion to invest in the new icos, rather than put your money into the major coin that worth a lot of money right now and it will be more profitable. XRP gets a big increase without any fundamental support to keep the price will be stable at the peak. that means if ethereum is a real winner right now.