#Altseason 2023 over for now? TOTAL3-XRP says so
Aggiornato
TOTAL3 -- is mcap for altcoins (minus ETH)
XRP -- is an outlier due to the recent event, so taking that out to filter some noise
What we see here as a result is TOTAL3-XRP , which is indicating altcoin party may be over.
Not to say , there won't be any "pumps" here and there, but money is not likely to be rotating from
BTC 
ETH into #ALTS , rather from one alt to the next and specially microcaps may see some large moves , as they are easy to manipulate, at least for the next couple weeks , while we range or test lower, until BTC can find support [likely around 27.5-28k]
Caution advised for MOON boys.
XRP -- is an outlier due to the recent event, so taking that out to filter some noise
What we see here as a result is TOTAL3-XRP , which is indicating altcoin party may be over.
Not to say , there won't be any "pumps" here and there, but money is not likely to be rotating from
BTC ETH into #ALTS , rather from one alt to the next and specially microcaps may see some large moves , as they are easy to manipulate, at least for the next couple weeks , while we range or test lower, until BTC can find support [likely around 27.5-28k] Caution advised for MOON boys.
Trade chiuso: obiettivo raggiunto
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.