XRP Market Cap Dominance Chart Strategy
XRP market cap dominance has pretty consistent behavior. The steeper it drops within a falling channel, the bigger it pops to the upside. This time should be no different. Not only have we had a very steep drop in dominance since August of last year, but entire channel has been created on the north side of the previous 5.3 year consolidation... AND WE MAY HAVE JUST BROKEN OUT. We also have a pretty convincing bullish cross incoming on the monthly STOCH RSI.
Comment:
Check out my XRP MACRO price chart as well:
