Market Update> 18.01.2017

Good green morning Steemians,

Today after two days of heavy bleeding the markets are recovering, after a descent Asian session, now Europe seems to be following in the cheap buying frenzy, in the top 20 we can see that the biggest winners so far are:

1. Tron up 61.97%

2. Ripple with 28.40%

3. Stellar 23.72%

BTC seems a little shy at the moment with a small recovery of around 6%. We will see if the recovery does not happen in the next hours it could lead to some short profit take of those who bought yesterday close to the minimum of 9K.

For the rest an average 8-10% seems to be the current situation, we will see if this keeps for the day or if it's short lived. A highlight of the past 2 days is how the volatility increased to long non-seen levels, which is to be monetized by the daily traders, but also a headache for those who #HODL.

I will write in a separate post regarding the Fundamental Korea update.

As a market opportunity I would consider buying XRB #Raiblocks which in certain trading groups is circulating as one of the best options for the 2018, due to the 0 txs fees and many other benefits, for more info check on the Reddit thread under https://www.reddit.com/r/RaiBlocks/

See you later and happy trading ... or HODLing whatever makes you feel better ;)