UPDATE: Some Alternatives to Bitcoin
On May 2, I published Some Alternatives to Bitcoin, where I shared three altcoins that I believe can outperform Bitcoin in the near future.
These three altcoins are:
ETHEREUM (ETH)
LITECOIN (LTC)
RIPPLE (XRP)
Please share this newsletter with someone interested in this analyzis.
The altcoin space has been very exciting over the previous number of years, and the last few days have not disappointed us.
Bitcoin attracts most of the investment, but is it always the best choice?
One way to decide that is by analyzing an altcoin-Bitcoin pair.
As we did two days ago, let’s pair those altcoins against Bitcoin to measure relative performance.
Let’s begin!
ETHEREUM (ETH)
ETHBTC is up an impressive +17.17% in 2 days.
The 1-hour chart below shows the rise of ETH relative to BTC since the publication.
LITECOIN (LTC)
LTCBTC is up an outstanding 26.83% in 2 days
You read that right.
26.83%
Below is the 1-hour chart.
RIPPLE (XRP)
XRPBTC is consolidating, as I suggested might happen is currently down 4.66%.
Keep an eye on this one and look for a low-risk, high probability entry.
I hope that you find this analysis beneficial and share it with others.
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