One of the reasons why Crypto market is bullish is also Crypto and mining-related company like RIOT. Riot Platforms owns and operates North America’s largest Bitcoin mining facility as measured by developed capacity. RIOT is actually still bullish with room for much more gains after recent A-B-C corrective setback that can be supportive for Bitcoin and ALTcoins friends.However, it’s now making a lower degree pullback, so more upside can be seen for wave 3 of a five-wave bullish cycle, but ideally after current a-b-c correction in wave 2 which can be in final stages with the support at 10-8 area. 
RIOT Daily Chart
For more analysis like this, you may want to watch below our latest recording of a live webinar streamed on Monday December 09 2024.More By This Author:Elliott Wave Live: Dollar Index At Support Ahead Of US CPI Week
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