CandleFocus Top Analyst Shares Strategic Approach to Investing in XRP
2024-12-02
Author: Content Editor
Benjamin Cowen, an engineer with a Ph.D. in Engineering with Computational Mathematics background, discusses his strategic approach to investing in XRP. He highlights XRP's impressive rise from $0.67 to $2.17 and identifies a "double bottom" pattern in the XRP/BTC chart that signaled a potential price surge. Cowen also emphasizes the importance of considering Bitcoin's dominance when making investment decisions, as altcoins like XRP typically lose value against Bitcoin during dominance uptrends. He advises investors to analyze BTC pair charts to identify favorable entry points and maximize returns instead of holding altcoins for years.
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