- I haven’t covered Circle’s stablecoin recently. Tether's USDT remains the clear leader at 6% Dom, but with USDC rising back to 2.5% Dom, it’s definitely worth watching again.
- The chart is simple, focus on the Weekly RSI and you’ll see a clear divergence developing on the weekly timeframe.
- So just keep an eye on USDC’s support around 1.1% (green zone) and it's resistance near 2.8% (red zone).
One Simple Rule : Stablecoins down = Bitcoin up.
Happy Tr4Ding !
- The chart is simple, focus on the Weekly RSI and you’ll see a clear divergence developing on the weekly timeframe.
- So just keep an eye on USDC’s support around 1.1% (green zone) and it's resistance near 2.8% (red zone).
One Simple Rule : Stablecoins down = Bitcoin up.
Happy Tr4Ding !
Note
Tether DOM chart here :
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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.