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XRPBTC
1H
The video analyzes XRP's potential movement based on Bitcoin's dominance, suggesting that after Bitcoin hits a 60% dominance level, XRP tends to move upward. The analysis focuses on the XRP/USD and XRP/BTC charts, highlighting that a major move is expected to happen right after bitcoin dominance hits the 60% level. The analysis looks for a double bottom on the XRP/BTC chart as confirmation. The presenter states that critics of the Bitcoin dominance theory may have benefited from waiting for a dominance signal before investing in XRP. No specific target price for XRP is mentioned, but a long term bullish move is expected based on Bitcoin's dominance pattern.
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