11 Jun 2018

Ethereum Classic drops to $12.7

Is this a cause for alarm or is it only in the doldrums?

Bibox Token is an interesting buy
RoboAdvisorCoin is long on Bibox Token. The crypto has gained well during the last 7 days (round about 17.09%) and is still an interesting buy according to our artificial intelligence.
The crypto’s current market cap is around USD 157 Mln, but according to our robot it can gain up to 50% within the next weeks, thanks to a short-term upside probability of 54%.
In fact, according to our forecasts, Bibox Token’s target price is now $1.9.
Ethereum Classic is the robot’s crypto pick of the day.

Although it has been in correction during the last week, dropping to $12.7,
there is no cause for alarm, in fact RoboAdvisorCoin suggests also this crypto with a short-term upside probability of 55%
It can gain double digits in the short term up to 33% and according to our forecasts, Ethereum Classic’s target price is now $15.

Who is bearish, who is bullish? Let’s ask the Robot
Here’s the robot’s forecast for the large cryptocurrencies:

  • Bitcoin: bullish
  • Ethereum: bullish
  • Ripple: bearish
  • Bitcoin Cash: bullish
Over the weekly reporting time-frame, Bitcoin closed at approximately $6739, which means -11.71% compared to last week’s close of $7528, according to coinmarketcap data.

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