NOTE: Large crypto market is in a “shake out” pattern but REP is showing enough red flags to have us wary something else is going on. We’ve never loved REP due to much lower volume patterns to begin with, but it’s still been highly profitable and very bullish recently.
Now, kind of looks like ETH’s chart right before the DAO hack actually… Just stay aware if this is a crypto you trade…we see nothing on ETH, ETC or ZEC’s charts to say whatever is going on with REP is effecting related cryptos at this time.
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