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.