From technical point of view I would say that after this correction the bulls will come back. But the fundamentalists are all crying that z.cash will kill Monero.
To be honest, I have no idea.
Let's see what happens next. If the price falls down to Blue C / Green 2, and we see aggressive bulls buying again, I can imagine we see higher highs. But it's only a guess in the moment.
I agree with your analysis.
Thank you!
What is your longer term view?
From technical point of view I would say that after this correction the bulls will come back. But the fundamentalists are all crying that z.cash will kill Monero.
To be honest, I have no idea.
Let's see what happens next. If the price falls down to Blue C / Green 2, and we see aggressive bulls buying again, I can imagine we see higher highs. But it's only a guess in the moment.
Very good analysis seems to be on the money so far....