Not saying we can predict ETN’s price movement, but remember that in this market a short term explosion is not necessarily followed by an immediate correction. If you remember Ripples XRP last year, it sat around $0.03 for a very long time before jumping up over 60x over the matter of a week. It then not only maintained that range for months, but was followed by a second rally with all the other Alts later.
Not to mention ETN’s fundamentals look so much better to me than XRP’s did then.
I can’t imagine selling now in the hopes of buying more on the drop. It would hurt so much to watch the ship sail off at the wrong time. That’s just me.
Ripples first rally, not including it’s second rally which took it into the dollar range.