XRPLTC - Which one one will lead the way?
Thought that this may be an interesting chart to draw as I expect both altcoins to make substantial gains in terms of BTC ratio. The key take-home over here is that during every altcoin cycle, XRPBTC has always increased in ratio to BTC before LTC. A long-term strategy is to use XRP as an indicator of when LTCBTC will increase, as LTC has always lagged behind XRP
In terms of technicals:
MACD on the monthly timeframe is bullish in favour of XRP over LTC however stochastic RSI diverges, however, this is fine as it can go sideways for an extended period of time.
A potential bullish ascending triangle is in play but will have to see how this plays out.
In the meantime, I expect a rise in both, with XRP leading ahead of LTC.
In terms of technicals:
MACD on the monthly timeframe is bullish in favour of XRP over LTC however stochastic RSI diverges, however, this is fine as it can go sideways for an extended period of time.
A potential bullish ascending triangle is in play but will have to see how this plays out.
In the meantime, I expect a rise in both, with XRP leading ahead of LTC.
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