XRP Dominance - Triangle is Full and Ready to Blow
Crypto loves triangles. This one is ready to blow in XRP's favor.
Why?
Money flows first into Bitcoin.
Then alts.
This is a result of how Quant Funds operate. They exhaust one asset, then rotate funds into other assets to achieve outsized gains. Bitcoin is sleepy. If there is upside left in bitcoin, it certainly is magnitudes smaller percentage wise than certain other cryptos.
This triangle shows just that. XRP dominance is ready to plow north and certainly the upside potential is much greater than the downside potential.
Why?
Money flows first into Bitcoin.
Then alts.
This is a result of how Quant Funds operate. They exhaust one asset, then rotate funds into other assets to achieve outsized gains. Bitcoin is sleepy. If there is upside left in bitcoin, it certainly is magnitudes smaller percentage wise than certain other cryptos.
This triangle shows just that. XRP dominance is ready to plow north and certainly the upside potential is much greater than the downside potential.
Yorum:
Still holding. Let's see if this thing breaks north.