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!
- 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!
Comment:
Dominance (and price) pushing hard this week. Could this be the start? We will have to see how the weekly closes, but it's looking promising. More so than rejected move end of December last year.
Comment:
Just in: The SEC's Motion to Strike the Fair Notice Defense is DENIED.
Comment:
Pattern invalidated, but we are close. EOY.
Comment:
Watch the 1.12% area - crucial during lawsuit announcement. Current move is very similar to 2016-2017 dominance freefall. If we lose that area then on to 0.95 and 0.75 subsequently.