Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
r0ach
on 21/05/2016, 08:52:07 UTC
Soon some consolidation around 0.0018-0.002 area with stability.
After that one more dead cat bounce which is the last selling opportunity before the deep and long dive.
0.004'ish price will be regained in spring 2017.

The Eth pumper has to dump before May 28th when the $150 million DAO denominated in Eth can dump on him.  Those two huge Eth dumps in a row will likely all be momentum traded back into BTC.  With Eth crashing and BTC rising, I think it's inevitable the rest of alts will be dumping too.