Something very peculiar is occurring with XRP dominanceUsually when the candles go upward on the xrp dominance chart, the btc dominance chart is going downward and the liquidity along the xrp dominance chart go up is coming from bitcoin liquidity. This time however something has changed. XRP dominance is rising substantially all while bitcoin dominance is also still rising. This suggests that the liquidity is no longer coming from btcoin but instead from other sources likely institutional investors. We can see the candle on the monthly has broken above the neckline of a large inverse head and shoulders pattern on the logarithmic chart. Will be interesting to see how well this plays out. Chart patterns don’t behave as they usually do when working with these kind of charts so it’s no guarantee what looks like a bullish breakout currently will behave like one. I will definitely be keeping an eye on this as it develops though *not financial advice*
Xrpdominance
XRP gaining dominance after lawsuit victory!Welcome back to another analysis, where we dive into the latest market trends and chart the potential paths ahead!
Today, I examined the XRP Dominance chart. The chart reveals that we've broken out of a falling wedge resistance and have since retraced to retest the former resistance line as support. Additionally, a double bottom pattern has formed, accompanied by a bullish engulfing candle on the weekly chart, right at the base support line and the previous falling wedge resistance.
Notably, the volume data shows an interesting trend: XRP has seen more inflow volume than outflow, indicating potential accumulation by both retail investors and institutions.
We are currently facing additional resistance, but if we manage to break through and establish a bullish trend on the XRP Dominance chart, key resistance levels to watch will be around 3%, 4%, and 6% dominance. Historically, XRP once held 30% market dominance, and I believe this project has the strength to reach that level in the long term.
Turning to the BTC Dominance chart, it is also encountering significant resistance, suggesting a potential turning point where altcoins may outperform Bitcoin in the coming period.
Thank you for reading, and be sure to follow for more in-depth analysis like this!
For additional insights, I also share free weekly updates on X: @PuppyNakamoto.
CRYPTO:XRPUSD COINBASE:XRPUSD BINANCE:XRPUSD BITSTAMP:XRPUSD BINANCE:XRPUSDT CRYPTOCAP:XRP.D
Major news Ripple vs. SEC lawsuit incoming?- BTC and ETH dominances are declining.
- BTC and ETH market cap have reached 4.236 fib extension (2017/2018 high and Covid 2020 march low).
- Huge triangle/pennant on XRPUSDT daily/weekly; declining volume.
Will XRP soak up market value from every other crypto and repeat what happened last bull cycle? Let's find out!
Downturn approaching before moonshot!Don't get caught out.. we have a possible downturn approaching as well as things are beginning to look more volatile before the inevitable moonshot past all time highs.
As you can see in my predictions since November 9th, it's played out quite rhythmically.
Best bet is to buy beforehand but a good final opportunity to buy more Xrp in the downside possibly to 0.36 cents.
Anything is possible here as the breakout upwards is just around the corner. If Xrp breaks out.. make sure to buy! If it starts going down towards 0.36 cents.. make sure to buy! Big $$$ to be made in these crucial final stages of a coming bullrun 🐃
XRP Dominance still breaking upAfter reaching the breakout target of the smallest inv h&s pattern with quickness, XRP.D already seems to be validating the larger inv h&s target it broke above on the way to the first target. I anticipate the brown trendline(which is part of a channel) to provide some resistance initially but for it to overcome that before too long and continue up towards its next inv h&s target. I will post a link to my previous xrp.d chart underneath this synopsis. *not financial advice*
XRP dominance is currently retesting the neckline of inv h&s.Currently one candle close above the neckline and the current candle is so far retesting that neckline as support. If this validates we should see xrp gain a considerable amount of market dominance back that it had lost over the last few years. May take a few candles to confirm..could also easily dip back below the neckline for a bit as well as is common on most inv h&s patterns after the first initial breach above the neckline. Also possible it could trigger in the next few candles *not financial advice*
XRP Dominance - Triangle is Full and Ready to BlowCrypto 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.
XRP SETTLEMENT! January 14th 2022 BOOM!Big explosion coming for XRP by Ripple Labs. Watch out for this one, entire market looks like October/November 2016, total2, bitcoin dominance, ethereum fractals, insane correlations 360°. I've been dedicating hours and hours analyzing hundreds of Alts, some are far ahead like doge, others haven't even started. 2022 is the year of the tiger, prepare for a big 2022 the likes of which we haven't seen in 100 years. All markets are showing a big parabolic phase ahead. Dow Jones, SP500, crypto, metals, bitcoin. Algorand for instance looks more like BNB mid 2018, so it can reach 3.50 next, or BNB 2017 and can reach 25 dollars. It could also be more like XRP October 2016 and reach historic highs to 60 dollars. Though I could be wrong and could blow up like Bittorrent February 2020 and only hit 15 dollars a nice 6x. Some Alts like Doge look promising as well. Doge aims to replicate XRP on the weekly as it nears third, a pump and dump from 23 cents to 70 cents and final wave which could be 1.92 like XRP or if lucky hit 5 to 7 dollars. Band is one of those out of the top 100 that really seems to want to excel dramatically, could continue mimicking ethereum and hit 20 dollars, 45 dollars and 420 dollars in second wave around summer of 2022. How crazy can this market get is anybody's guess but total2 looks primed to expand to insane multitrillion dollar highs. What's a few trillion among friends am I right? Thoughts in the comment section would be greatly appreciate it, don't want to miss anything out there, cheers.
XRP dominance continue up: This it's extremely bullish!!!XRP continue up in this dominance. I wanting to share this like my own opinion and idea. XRP it's up to 3.65% of dominance, and that it's a good news for this cryptocurrency. Now, I put these target that maybe in the end of this bull rally, I going to apply this strategy to sell perfectly my XRP coins in the good zone to get my proits in this bull rally, altseason and adoption. So guys, one of the best strategy that i ever learned it's if you invest in cryptocurrency, you can to look the price, look the altcoins/Bitcoin ratio or altcoins/Ethereum ratio to change in the way correct to get our Bitcoin or Ethereum. Another data that we can to use it's the XRP Market Cap to forecast what will be the prediction of the market cap in this cryptocurrency. And then, the dominance it's an analytical data that we can to use to forecast the possible sell zone, as to know the ratios and market cap. And combinint these strategies, we can to out successfull to apply it. Now, if you see the MACD and this crossover, there's a golden cross, and that it's a extremely bullish signal for this cryptocurrency.
For that, I share this idea to know and be prepared in this massive altseason investing in cryptocurrencies!!!
Bitcoin (including BTC, short-term strategy) - December 29Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You should watch for any movement that deviates from the 26243.0-30224.0 section.
If it falls at 25579.5, it is a short-term stop loss.
We need a strategy to prepare for this trend, as it is likely to gain support and rise in the 21800.0-24350.5 range.
Touch the uptrend lines (6) and (1) and be aware of the volatility that occurs.
It is at a price point where it will be so high that it won't be weird anytime the BTC price drops.
Therefore, a response plan for the plunge must be in place.
As the USDT dominance touched the 2.754 point on December 27th, it seems that altcoins' price movements have become active.
Therefore, I think the likelihood that altcoins will be on the uptrend in January has increased.
If you always watch the USDT Dominus chart together and trade, I think you will get a lot of help.
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(BTC Dominance 1D Chart)
You should watch for any movement that deviates from the 69.80-75.13 segment.
You also need to see if you can drop below the 67.44 point.
We believe that the plunge in XRP, which has a high market cap ranking, contributed to the rise in BTC dominance.
Therefore, it seems that BTC dominance should only check the flow of decline and rise.
(XRP Dominance 1W Chart)
It is expected to break below the 1.38 point for the first time after breaking above the 1.38 point in March 2017.
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(USDT Dominance 1D Chart)
As you move down along the downtrend line (6), you need to make sure it touches the 2.754 point.
If it does not rise above the downtrend line (2) or the 3.285 point, the downtrend is expected to continue.
We believe that the USDT dominance should fall so that the coin market is likely to be on an uptrend.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Bitcoin (BTC) - December 29Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We must see if we can ascend above the 27243.43 point.
If it falls, we need to see if we can get support at 24749.72-25373.14.
If it falls at 24749.72, you need a Stop Loss to preserve your profit or loss.
However, you can touch the uptrend line and go up, so you need to think about how to proceed with Stop Loss.
This is because a'Pull Back' pattern that touches the 22797.16-23800.0 section and rises may appear.
To prevent this flow, you must rise above the 27243.43 point and gain support.
From the wRSI_SR indicator, there is a possibility that the short-term trend of the RS line will occur around January 3rd (January 2nd-4th).
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(OKEX BTCUSDT 1D chart)
You must make sure you are supported at the 26926.3 point.
You should watch for any movement that deviates from the 25111.5-28741.0 section.
If it falls at 24506.6, a Stop Loss is needed to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
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(Coinbase BTCUSD 1D chart)
We must see if we can ascend above the 27197.74 point.
The volatility around December 30th (December 29th-31st) will have to watch for movements that deviate from the 25336.02-29059.46 segment.
If it declines at 24715.45, you need Stop Loss to preserve your profit and loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
--------------------------------------------
(BTC Dominance 1D Chart)
You should watch for any movement that deviates from the 69.80-75.13 segment.
You also need to see if you can drop below the 67.44 point.
We believe that the plunge in XRP, which has a high market cap ranking, contributed to the rise in BTC dominance.
Therefore, it seems that BTC dominance should only check the flow of decline and rise.
(XRP Dominance 1W Chart)
It is expected to break below the 1.38 point for the first time after breaking above the 1.38 point in March 2017.
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(USDT Dominance 1D Chart)
As you move down along the downtrend line (6), you need to make sure it touches the 2.754 point.
If it does not rise above the downtrend line (2) or the 3.285 point, the downtrend is expected to continue.
We believe that the USDT dominance should fall so that the coin market is likely to be on an uptrend.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
#XRP Dominance S/R Flip Support Resistance Flip On XRP...
The asset has had enough time to cool off for next rally!
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Ripple (XRPUSD + XRPBTC + XRP Dominance)On the XRPUSD chart, the price fell near the 0.25355 support.
The inflection date on the XRPUSD chart is around December 1st, and we should check the price flow by this day.
In the XRPBTC chart, 100MA was touched.
The inflection date on the XRPBTC chart is around December 9th and we should check to see if we can continue to receive 100MA support until this date.
The XRP's dominance chart shows a lot of decline.
To be optimistic, the current flow is very bad.
Once the support of the 100MA is broken, I think it is highly likely to touch the upward trend line.
I need to check if I can continue to receive 100MA support.
By December 10th, you should check that each of the charts you need to check is successfully followed.
If 0.32900 of XRPUSD and 0.00004077 of XRPBTC can be crossed above these two points, there is a possibility of an upward trend.
Dominance (BTC, USDT, ETH, XRP)Publish a major Dominant chart for the new week.
The Dominance of the BTC believes that if 67.44 and 63.38 points fall below these two points and then rise to an important point, it is highly probable that they will lead to a rise.
The Dominance of the USDT thinks that 1.70 and 1.43 are important points, and that it is very likely that the fall below these two points will lead to an increase.
The Dominance of the ETH believes that it is highly likely that the 9.30 and 10.99 points should rise above these two points to lead to the rise.
The XRP's Dominance believes that it is highly likely that 5.99 and 8.04 points should rise to more than these two points to lead to a rise.
I think it is very likely that a tremendous boost will begin at point 63.38 of the BTC, point 1.43 of the USDT, point 10.99 of the ETH and point 8.04 of the XRP.
Let's hope the movement of the funds will come into the Alt Coin and then start a spectacular rise with the strong rise of the beat.
Dominance Chart Analysis (BTC, XRP, ETH, USDT)Let's have a second time looking at and analyzing the dominances.
The dominance of the BTC should be below the "On the daily chart".
Dominance of XRP should rise above 5.99.
The dominance of the ETH should touch 8.74 and rise.
The USDT's dominance should be below 1.92 and the alt upside should fall below 1.70.
As noted above, we believe there will be a rise to mark the start of the alt bull market.
The dominance of XRP and ETH is not satisfied at present.
At this point, I can't afford to buy it, so I can see the loss.
XRPUSD + DominanceWhat is the most troubling aspect of writing an analysis is when to write it.
From a long point of view, I think I'll touch the most impressive trend line to look at.
It is expected that there will be another difficulty at 0.32900 points before going to "The most impressive trend line to look at."
If you look at today's and tomorrow's charts, you'll have to see if they'll keep prices above 100MA.
It should be seen whether it will deviate from the "weakly-dependent upward trend line."
XRP's Dominance fluctuates between points 5.99 and 200MA.
I also need to see if Dominance is maintained at more than 200MA between today and tomorrow.
Dominance is expected to rise above 8.04 points.
In the relationship between price and Dominance, the flow will go in the same direction, but the gains will be different.