RATE Group | XRP, BTC Make Almost Perfect Cryptocurrency: Prominent Crypto Analyst
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XRP, BTC Make Almost Perfect Cryptocurrency: Prominent Crypto Analyst

28 Dec XRP, BTC Make Almost Perfect Cryptocurrency: Prominent Crypto Analyst

Posted at 11:46h in Bitcoin News by

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

At press-time, Bitcoin is sitting at the $7,339 mark (as per CoinMarketCap), having mostly traded sideways for a month already.


The crypto analyst and trader Scott Melker says that since the Bitcoin price hit the $14,000 high and then began descending, each monthly candle on the chart has shown a strong sell-off (a large upper wick).


However, he continues, in November and December, there have been also large lower wicks, which means the community is actively…

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