XRPUSD - Outlook on XRP and Altseason
Hi Everyone
In this analysis, we explore the BTC.D chart in conjunction with the TOTAL2 chart.
It seems likely that the Bitcoin bull cycle is far from over, and in the time that it takes to get up to 73K (our target) we can expect rotation between BTC and the alt market. Higher market cap coins will increase first and lower caps will follow later.
Currently it seems likely that XRP might consolidate (at best) or trade slightly lower (at worst).
(I am bullish on XRP for the near future).
Best Regards
Ev
In this analysis, we explore the BTC.D chart in conjunction with the TOTAL2 chart.
It seems likely that the Bitcoin bull cycle is far from over, and in the time that it takes to get up to 73K (our target) we can expect rotation between BTC and the alt market. Higher market cap coins will increase first and lower caps will follow later.
Currently it seems likely that XRP might consolidate (at best) or trade slightly lower (at worst).
(I am bullish on XRP for the near future).
Best Regards
Ev
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Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
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