Ripple Fractal shows Alt Season could be around the corner

25 de jul. de 2018

Many altcoins have been bleeding out since January, with very few relief spikes in between. XRP/BTC is a good representation of the broader market in this case. It appears to have had plenty of time to refuel and retrace, and is approaching a support region between 5000-5400 satoshis.

Additionally, Bitcoin's recent run up signals that new capital has entered the market. As per usual, I expect this capital to trickle down into altcoins that are bottomed out near support.