Next major support in BTC dominance is around 50-55%, which means that alts can absorb a lot of value, eth to 600, xrp to 0.5 ???
For today, eth and xrp are still overbought on daily, we can see a continuation of a correction.
In my opinion, it doesn't look like a top of a cycle, we still have time (until corona 2.0) and potential to go much higher
It's not a financial advise to buy, just WARNING what can happen, especially if you like shorting like I do. But if you see an opportunity to buy xrp at 0.25-0.26 or eth lets say at 350 this week, most probably, you ll be able to sell higher, even if we see a double top or smth like that.
For today, eth and xrp are still overbought on daily, we can see a continuation of a correction.
In my opinion, it doesn't look like a top of a cycle, we still have time (until corona 2.0) and potential to go much higher
It's not a financial advise to buy, just WARNING what can happen, especially if you like shorting like I do. But if you see an opportunity to buy xrp at 0.25-0.26 or eth lets say at 350 this week, most probably, you ll be able to sell higher, even if we see a double top or smth like that.
