Navigating XRP With Risk Metric & Bitcoin Dominance

Benjamin Cowen

Summary of Video Transcript

  • The speaker is discussing the relationship between Bitcoin dominance and the price of XRP.
  • They claim that if investors had waited for Bitcoin dominance to reach 60% before buying XRP, they would have avoided significant losses.
  • The speaker notes that after Bitcoin dominance hits 60%, XRP tends to experience a price increase.
  • To confirm this move, they look for a double bottom on the XRP/Bitcoin pair.
  • The current XRP/BTC price is 0.871.