XRP Underperformance

I just thought a short post would be worthwhile to highlight an interesting indication of the models behaviour. Just before the latest spike up in all cryptocurrencies the models re-entered their long positions across the board – all except Ripple (XRP) which, after divesting the models remained flat.

This behaviour is encouraging given the follow on performance since the weekend. All the cryptocurrencies we monitor have made large gains since the weekend and the models have benefitted – all except Ripple. Ripple has slipped from 0.35 (where the models sold out) to 0.28 (as we write).

This is the type of divergence we have been waiting to see to highlight selective,  profitable behaviour by the models.

Scores on  the doors – we’re now up 147.4% on original capital. Long positions currently held in Bitcoin (BTC), Etherium (ETH), ZCash (ZEC), Ether Classic (ETC), DASH, and Monero (XMR). We are flay Ripple (XRP)

CurrencyStarting BalanceUSDCryptoRateUSD EquivTOTALGain/loss
Bitcoin$16,900.00$0.0013.362640$35,270.40$35,270.40108.70%
Etherium$4,800.00$0.0070.10779112199.43$13,981.60$13,981.60191.28%
Zcash$610.00$0.007.14789692228.3$1,631.86$1,631.86167.52%
Ether Classic$203.00$0.0065.2324039318.475$1,205.17$1,205.17493.68%
DASH$610.00$0.008.10813346142.9$1,158.65$1,158.6589.94%
Monero$305.00$0.0012.350651545.5$561.95$561.9584.25%
Ripple$510.00$5,411.4300.2783$0.00$5,411.43961.06%
TOTAL$23,938.00$5,411.43$53,809.64$59,221.07147.39%
Hold BTC$23,938.00$0.0022.907177032640$60,474.95$60,474.95152.63%

— Wintermute —

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