It looks like Ethereum (Ether) just broke out after consolidating in a wide channel since May 2017. 2 charts showing Ethereum and one story on Ethereum’s likely breakout from earlier today:
1) https://charts.stocktwits.com/production/original_102111403.png?1511207858
2) https://stocktwits.com/theEquilibrium/message/102111403
3) https://www.marketwatch.com/story/this-soaring-cryptocurrency-looks-ready-to-bust-even-higher-chart-watcher-says-2017-11-21
Total crypto currency market cap is now up 10 fold since March 2017! According to https://coinmarketcap.com/, total crypto currency market cap was around $22 billion in March 2017. It is now over $230 billion and 2017 isn’t even over year!
What do you think about this 10+ fold move up in total crypto currency market cap? Did it happen too quickly? Did it go too far too fast? Are you buying all dips in your favorite crypto currencies? Have you liquidated many of your other investments in other asset classes to buy crypto currencies like Bitcoin, Ether, Bitcoin Cash, Litecoin, Dash, Ripple, Monero, etc on dips?
ICO Fraud story: An Ethereum Startup Just Vanished After People Invested $374K: https://motherboard.vice.com/en_us/article/j5j34x/ethereum-startup-confido-vanished-after-people-invested-374k-ico
An Alleged Hacker Stole $30 Million In Crypto currency: https://motherboard.vice.com/en_us/article/ne3pwk/an-alleged-hacker-stole-dollar30-million-in-cryptocurrency
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