Nick Core, trader and statistician at Ecosystems LLC, recently offered his opinion on the recent sale in Bitcoin [BTC] market. He also talked about his views on the current progress of Ripple and XRP, along with the progress made by Stellar Lumens [XLM] in the payment space.
He said he was still positive for the market, coming to the point of saying that it was a "good and healthy" phenomenon. Core stated that he was looking for a lower fund on Ethereum [ETH], going forward by observing the marginal trends in the market. Has elaborated:
"I'm looking at Stellar in particular, it has continued to create higher lows and there's a massive amount of volume flowing in it." I look at Stellar as a company and not as a cryptocurrency, even Ripple. "
Establishing that both assets received much attention and capital flow, he went on to declare that he was looking for a break at the last summit and the creation of a mountain model on the Stellar rankings. He said that this would cause the currency to take the price at higher levels.
XRP was a player in the market that remained substantially unaffected by the movement in other currencies. Responding to Neuner's claims that XRP acted like a "stablecoin", he said it was moving backwards to the rest of the market, similar to Stellar's performance. He has declared:
"Ripple is so centralized, Stellar is so centralized, it's best to consider it as a company.There is money to be made in Ripple, regardless of your feelings about it.Of course, there are important moves like a day trader I try to look for these moves important regardless of my feelings and emotions on a cryptocurrency ".
Although he believed it was built on a blockchain and that there was a great future for both coins, he said that Stellar has more opportunities for growth than Ripple, as they were making big moves behind the scenes. This was due to their collaboration and other similar things, which, in his eyes, would have allowed Stellar to outperform Ripple over the next 12 months.
He made a price request for Ethereum [ETH], which has been the subject of multiple sales during this bear market. Core said that the currency that drops to the $ 120 level was "unavoidable at this point", since the price is not too high above it. He has declared:
"It was a big sell-off last night and Ethereum will still have growth, but I do not think it will have the growth I had on the last race because there are fewer ICOs built on it. scenario now I'm looking for a 109-120 as our next potential potential again as we get closer I can adjust that goal but that's what I'm seeing right now. "
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