#Altseason 2023 over for now? TOTAL3-XRP says so
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 fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.