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Charting the course of XRP


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2 minutes ago, Plikk said:

We are foghting the resistance at 668. Then last hurdle is the wick at 706bil and then we’re off the the races imho. 

After that do you think it's still that some alts lift off first and others follow

Or all of them rise very fast at the same time?

ps seems now ADA is the spearhead altcoin instead of ETH.

Edited by MQB
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I was participating undercover :).  The trolls became too overwhelming while XRP was in the dumps, I figure its safe to come out again.

These threads are being derailed by childish banter, could you please keep things on topic and move your chit chat elsewhere. The forum is becoming less interesting for many of us.

Happy Monthly candle close everyone!  XRPBTC closed above 2555 which was my bullish level. This is a great sign. I think it is now reasonable to expect the next monthly candle to be either a 50% i

2 minutes ago, MQB said:

After that do you think it's still that some alts lift off first and others follow

Or all of them rise very fast at the same time?

The rotation of money isn’t a one-off event(unfortunately). BTC Money starts dripping into alts and once it turns into a snowball it will gain momentum. We are still in early stages of that imo. 
 

Let’s hope for a stable/strong BTC and a dropping dominance at the same time. I am amazed by how weak ETH is, it is not helping the alts at all. Luckily, ADA is doing great. 

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2 hours ago, Plikk said:

The rotation of money isn’t a one-off event(unfortunately). BTC Money starts dripping into alts and once it turns into a snowball it will gain momentum. We are still in early stages of that imo. 
 

Let’s hope for a stable/strong BTC and a dropping dominance at the same time. I am amazed by how weak ETH is, it is not helping the alts at all. Luckily, ADA is doing great. 

why buy ETH if you can buy ADA?

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8 hours ago, MQB said:

So we're gonna have the first real alt season soon.

Hell yeah!

Mate, the alt coin season has been in full swing already. Most of the coins have exceeded or are close to their all time highs. Unfortunately XRP and BCH are 2 of the poorest performers. That may change though.

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5 hours ago, YngwieJ said:

Mate, the alt coin season has been in full swing already. Most of the coins have exceeded or are close to their all time highs. Unfortunately XRP and BCH are 2 of the poorest performers. That may change though.

Say that to QKC, DENT, LSK, XRP, OMG, IOTA, NEO or even ZRX........

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5 hours ago, YngwieJ said:

Mate, the alt coin season has been in full swing already. Most of the coins have exceeded or are close to their all time highs.

No it hasn't

Out of the top 30 alts on coinmarketcap.com only eth bat doge zil ada have reached their 2017 ATH. 

Sure many alts are flying right now but most of them are newly launched projects that have never been through the 2017 bull run. 

Many of the alts you see flying now were coins that before oct 2020 was starting from super low values with 5-10 million dollar market caps and never had a 2017 bull run. Thus making them super easy to pump.   The real alt season has not arrived yet.

Edited by deepinripple
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2 hours ago, deepinripple said:

No it hasn't

Out of the top 30 alts on coinmarketcap.com only eth bat doge zil ada have reached their 2017 ATH. 

Sure many alts are flying right now but most of them are newly launched projects that have never been through the 2017 bull run. 

Many of the alts you see flying now were coins that before oct 2020 was starting from super low values with 5-10 million dollar market caps and never had a 2017 bull run. Thus making them super easy to pump.   The real alt season has not arrived yet.

What if, just what if there is no ALT season this time? So many new projects like defi, nft are created, maybe those are the new ALTS

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2 hours ago, deepinripple said:

No it hasn't

Out of the top 30 alts on coinmarketcap.com only eth bat doge zil ada have reached their 2017 ATH. 

That is wrong. Many others have broken past all time highs. Many of the newer cryptos are already big cap cryptos.

I would say alts can be recognized to have some sort of season, though Bitcoin dominance has not given way.

We are at a 672 billion altcoin market cap. Last peak was 420 billion. How high will it go this time? 3X is about 2 trillion. 10X is 6.72 trillion. 100X is 67.2 trillion.

 

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44 minutes ago, ManBearPig said:

That is wrong. Many others have broken past all time highs. Many of the newer cryptos are already big cap cryptos.

I would say alts can be recognized to have some sort of season, though Bitcoin dominance has not given way.

We are at a 672 billion altcoin market cap. Last peak was 420 billion. How high will it go this time? 3X is about 2 trillion. 10X is 6.72 trillion. 100X is 67.2 trillion.

 

I am HERE for 100X

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