RIOT, be ready for the FOMO
Updated
Riot for whatever reason RIOT has been under performing. I think I have some clues but hard to confirm...
It is usually about at least 5 bucks higher than MARA as we know.
therefore:
since it is undervalued, and BTC is very likely getting to 60K, I would imagine the FOMO on RIOT is coming
Both RSi and MACD is up trend now from its under valued position, and this is the only the beginning
MARA is about 44, given the fact that fundamental is much better now since April for both MARA and RIOT, my target, and I suspect is 47USD if BTC reaches 60K.
Of course, the higher the better right?
Please like and comment, especially why RIOT is under performing, thanks
It is usually about at least 5 bucks higher than MARA as we know.
therefore:
since it is undervalued, and BTC is very likely getting to 60K, I would imagine the FOMO on RIOT is coming
Both RSi and MACD is up trend now from its under valued position, and this is the only the beginning
MARA is about 44, given the fact that fundamental is much better now since April for both MARA and RIOT, my target, and I suspect is 47USD if BTC reaches 60K.
Of course, the higher the better right?
Please like and comment, especially why RIOT is under performing, thanks
Note
Very IMPORTANT :Someone showed me a sheet recently, in which he used all the available info on almost all mining Co to project and to calculate the prices vs. BTC price.
Guess what? Riot is the only mining Co that is rightly priced, at this stage of time, too, I saw overvalued and under valued ones which is important.
IN Sum, why RIOT is not moving?
Now, remember the big boys from AM firms have moved into Mara and Riot stocks? this explained why RIOT is not having FOMO, because we don't want huge swings!!!
typical instit controlled Co/stock behaviour.
I would not be surprised one day RIOT is giving dividend
Note
HERE WE GO!!!Congrats everyone.
We wait for the FOMO
Trade active
Next target 38.... Gee finally this is moving
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