USDT Dominance (2W)
With the price nearing a support level and an ascending trendline, there is a possibility of a price rebound from this area!
The dominance of USDT could be a signal of capital flowing into USDT, which may indicate capital outflow from other cryptocurrencies.
In summary, if you hold cryptocurrencies, be aware that USDT dominance has now reached a support zone.
With the price nearing a support level and an ascending trendline, there is a possibility of a price rebound from this area!
The dominance of USDT could be a signal of capital flowing into USDT, which may indicate capital outflow from other cryptocurrencies.
In summary, if you hold cryptocurrencies, be aware that USDT dominance has now reached a support zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.