There have been some very positive moves in select Altcoins today, following a large sell-off on Friday. Ripple is ripping through the roof, and Qtum regaining it's US Dollar value and market capitalization highs set back in November.
I expect that there will be more blood through the streets (multiple altcoins being drained of value, and bitcoin to climb to USD$20,000). I project that the second correction will begin Saturday night (UTC+10; Australian time) and continue through Sunday.
On Sunday evening, would be a good time to buy into some of the cryptos you like that may have taken a hit during this wave of sell-offs.
I expect cryptos like Litecoin and VeChain to regain some market cap (based on trading volume and positive sentiment) on Monday.
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Disclaimer: none of the above information is intended to be investment or financial advice. Please do your own research and make your own conclusions.
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