Diffrent view: BTC price is 70% up since bottomed this year BNB did x5 Waves, Neo and others did more than 50% gains. If we talk about institutional investors, we talk about wall street traders and few funds, banks. That's why we will see very soon first 30-80% price movement and after them Ripple to new ATH. Waiting for second and third confirmation on weekly chart! Stop loss is tight on 0.289-0.275$ And don't trade this coin on BTC pairing.
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So you can see on my TA below, ripple USDT follow BTC-USDT! It's all about typical algo bot trades from exchanges. I can not find any untypical buying here.
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i don't understand that panic on ripple groups. We are on path and undervalued
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we bottomed again. next support is fare, bears sold to much and cant recover so quick. only if XRP direct sales did a misstake and sold it significant cheaper than market price would explain a huge drop. it will also explain 0.3$ tange over six month.
@hypercraft Buddy cool idea. Thank you very much, make more graphs, cool to do analytics
hypercraft
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@IgorPorokh, thank you. If we check ripple dominance on marcet since one year ago it lost 40% in btc and usdt pairing.
PRice should be now 0.0001 sat and 0.54$ around for coming back to the same dominance level and higher for more adoption.