Among the top five cryptocurrency assets (as currently ranked by Coinmarketcap.com), you will want to take a VERY close look at Ripple (XRP). Here's why:
I'm going to break down the above chart in three sections for ease-of-reading, and for timelineness sake. For further details, you may refer to my earlier work regarding price or trading sentiment analysis.
#1 Normal Trading Range for Ripple (XRP)
The Ripple cryptocurrency typically trades in a range roughly between -20% at the low to +20% at the high. Of course, there are outliers that extend far beyond this range, but the aforementioned metrics are the average for XRP.
#2 Extreme Speculation Range for XRP
Note that between 3 or 4 cents to 10 cents, and 10 cents to $1 USD, we saw extreme bullishness that extended far beyond normal bullishness (see point #1). The most recent rally was simply unsustainable because there was really no accompanying, longer-term correction to help consolidate the Ripple market.
You can also reference my work on Bitcoin, which demonstrates the same pattern.
#3 Zone of Opportunity
The marked "zone of opportunity" for ripple is so because very little trading activity occurs in these price ranges, from where we are now (75 to 80 cents) to where it could go in the deep future ($10, $20?).
Mainstream investors will probably climb onboard when XRP hits $2 and higher. Why not consider getting in now when the Ripple cryptocurrency is significantly cheaper?