Monero finds basin

7 sept. 2016

It appears the next attempt at a peak has passed not only the aggressive trend line but also the tamer trend line set earlier. This means the emotions of euphoria are gone and now the market will return to reality to discover the real sustained levels for Monero. The talk of Monero hitting a billion dollar market cap will cease for at least a month and the volume will stay in the top 5 until the basin is reached. I believe Monero will surpass these levels as privacy is extremely valuable to the crypto community and has intrinsic value. It is likely Monero will have a high basin rather than a medium or low basin. (It will hold above 100 million market cap).