I specify that this graph is that of the dominance of BTC so in percentage, it is not the price of BTC. Bitcoin Dominance measures Bitcoin's market share relative to the entire cryptocurrency market.
When dominance peaks, it marks Bitcoin's strongest influence. A sharp decline typically follows, indicating money is flowing from Bitcoin into altcoins, signaling the start of "FULL-ALTCOIN SEASON."
After this initial drop, there's often a consolidation phase before dominance declines further. Historically, these cycles end when dominance falls to around 40% from its first peak during the bull market.
This transition, from peak to bottom, usually spans a minimum of six months. This doesn't mean bitcoins price has peaked. BTC price still rises at the end of a bull cycle while its dominance decreases. Alts over the next 6 months or so will out gain BTC now.
This marks the start of the final 33% of the bull cycle. We will top mid 2025, I think.
If we look at bitcoin, its breakthrough of the 100k psychological bar is a step of fact but this includes that there will be a correction following this rise forming areas of over-purchase.
As with XRP, this forms a first and a second lower supports. If the first is pierced, the second will serve as a second support for a further increase.
However, bitcoin serves as a metronome for other cryptocurrencies (altcoin). So it's very likely that when bitcoin moves to these two media, XRP will potentially make a correction start by breaking the media that is once again validating.
So my advice will be to be both vigilant of XRP support but especially the bitcoin movement that will soon happen. That doesn't mean selling now because bitcoin could rise before it goes into correction.
So be careful with bitcoin while watching XRP.
I would take stock of the situation of XRP, a summary of the news and its usefulness in future finance as well as its FOMO (tendency to attract a lot of people which justifies these very rapid rises which always causes a sharp correction. And so what that means in terms of potential correction.
Stay focused and only listen to people who give you sources, chart study, etc. If someone says sell or buy without any justification and demonstration, don't listen! That's rule number one, you're the master of the game, not the others.
I see a lot of people trying to make beginners lose their money by having them sell... buy etc.
So I'm going to give you some landmarks. Today the price is bouncing between distant supports and especially two overbought areas that occurred during the strong rise on December 2nd.
I'll give you two pictures and you'll just have to analyze it for yourself.
You will have understood that the support are much stronger than the distant resistance. so be careful with this area of resistance and be on the lookout for this support.
Sorry for the beginners in those moments when the mean, ill-educated people believe in a game where the people on the other side of the screen are playing their real money. But you know karma will do its job one day and I'm sure these people will get what the other person deserves. Don't listen to anyone in this channel without them clearly explaining to you with graphics photos.
Open Letter to Binance: Protecting Beginners in the Square
@Binance Customer Support To the Binance Team, I am writing to you as a concerned user of your platform and an active observer of the community space you’ve created, particularly the Square. This space, designed to foster discussion, support, and information sharing, has become a go-to hub for crypto enthusiasts and newcomers alike. However, I feel compelled to highlight a pressing issue: the spread of misinformation, manipulation, and exploitation of beginners. While the Square is brimming wit
$XRP Those who think that the price of cryptocurrencies is only increasing and do not accept descents are beginners and naive. This is the basis of cryptocurrencies, fluctuation, consolidation. Without consolidation, a cryptocurrency is unstable. consolidation is can of solidity and reliability.
It's not because you're told we're in a bullrun that cryptocurrencies will only make green candles.
The basis of cryptocurrencies is precisely to succeed in determining these fluctuations in order to buy sell before consolidations and to buy backwards.
Those who say don't sell, are also beginners or they bought them very low.
$XRP You make me laugh at all those who criticize those who sell.
Do you know that buying low and selling before corrections and then buying low is a trader's job? If it's to stay doing nothing.. so close the Binance app and open it in 3 months 🤷🏻♂️
"$XRP is the next $BTC.. I'm going to become a millionaire with xrp"
Being optimistic is one thing, but it takes time for people who don't yet understand cryptocurrencies to become aware of something. The price of a crypto is the result of its capitalization divided by the number of tokens availa
XRP has an outstanding supply of about 57 billion tokens, while Bitcoin (BTC) has about 19.8 million. This means that the supply of XRP is about 2,880 times larger than that of Bitc
xrp to a maximum of 100 billion tokens and bitcoin 21 million. xrp and bitcoin have nothing to do with. don't confuse optimism with irrealism
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Muh Husaini
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xrp prediction
$XRP Last month I had 15 USDT, I was going to withdraw it and then quit the crypto world, but after I saved it in the XRP coin, today I regret why I didn't save all my money in this coin at that time, from 15 $ to 50 $ in a few days, no one expected that the fact that XRP would dominate the crypto world the following year and was ready to replace Bitcoin, Keep strong,keep hold you coin.😎😎😎
So compared to XRP which has 2x more token. with the same capitalization equivalent.. xlm will have a higher price. But only if the capitalization increases. stay connected
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20Vtiste
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$XLM do you think it's time to sell $2000 of xlm to buy xrp? i would like your opinion.
The Stellar Lumens (XLM) has a total supply of 50 billion tokens after a destruction in 2019. About 30 billion are in circulation, the rest held by the SDF.
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20Vtiste
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$XLM do you think it's time to sell $2000 of xlm to buy xrp? i would like your opinion.
As for Xrp, I would say that yes we will make a lot of profit in the long term but it will fluctuate enormously.let's imagine that xrp arrives at the same capitalization as bitcoin
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Bee Hive
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It's just my opinion, bro. looking at the use case of XRP, I believe it's part of something bigger so feel free to share your opinion. no offense ✅
What are you talking about...? XRP went on to hit 132 billion in capitalization! Not 1350 billion. With so many followers and talking nonsense like that. Respect Your Subscribers
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CryptoDewa
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🚀 XRP Moves Up a Class! 🚀
- XRP now sits comfortably in the third position on the list of the largest cryptocurrencies by market capitalization, replacing Tether (USDT) and Solana (SOL). XRP's capitalization has soared past $1350 billion, second only to Bitcoin (BTC) and Ethereum (ETH).
- In the past seven days, the price of XRP has jumped almost 70%, approaching the $2.5 mark, a level not seen in almost seven years.
- What made XRP soar? Donald Trump's victory as the 47th President of the United States sparked new enthusiasm in the crypto market. Bitcoin is close to touching $100,000 and Ethereum is also on the rise.
- In other good news, Ripple's RLUSD stablecoin is close to getting the green light from the NYDFS and may launch on December 4.
- There is also speculation that Ripple's legal battle with the SEC will soon be over. Moreover, Gary Gensler from the SEC has left, raising hopes for a more crypto-friendly policy.
- But be careful! CryptoQuant analyst Maarten Regterschot warns that the surge is driven by leverage, which can cause price volatility.
What do you think about the future of XRP? Let's discuss in the comments!