While Bitcoin recovered, the real leaders tonight were the privacy coins and the majors that refused to fall. 🚀
CoinGecko data checked this evening puts Monero up 5.22 percent, Zcash up 4.26 percent and XRP up 3.66 percent in 24 hours, with Pump up 7.02 percent and Rain up 10.67 percent among the smaller movers. 📊 My reading is that strength in Monero and Zcash while fear sits at 26 is a defensive rotation, traders moving toward coins with their own story instead of chasing the whole market higher. XRP rising 3.66 percent adds weight to that, because a major holding its gains on a fear day is usually steadier than a small coin spiking 10 percent and giving it back by morning.
Are Monero and Zcash leading a real rotation, or just the coins that have not been sold yet? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketData
CoinGecko data checked this evening puts Monero up 5.22 percent, Zcash up 4.26 percent and XRP up 3.66 percent in 24 hours, with Pump up 7.02 percent and Rain up 10.67 percent among the smaller movers. 📊 My reading is that strength in Monero and Zcash while fear sits at 26 is a defensive rotation, traders moving toward coins with their own story instead of chasing the whole market higher. XRP rising 3.66 percent adds weight to that, because a major holding its gains on a fear day is usually steadier than a small coin spiking 10 percent and giving it back by morning.
Are Monero and Zcash leading a real rotation, or just the coins that have not been sold yet? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketData
