XRP Structure with Bitcoin Dominance - (Hedge is Edge)
Market Cap BTC Dominance, % CRYPTOCAP:BTC.D
📉📊 Mastering XRP Structure with Bitcoin Dominance - (Hedge is Edge) 🧠⚖️
Hey guys, I just posted the video — so you can hear the full breakdown there. 🔊🎥
🔍 XRP/BTC – Short Bias
We’re at a clean rejection point around 0.00002780, with a wedge formation breaking lower. First support target sits around 0.00002690, with 0.00002470 and even 0.00002365 possible if the move deepens. Invalidation sits just above that yellow resistance — always define your risk.
📈 Bitcoin Dominance – Long Bias
BTC dominance is resting on solid support around 60.61%. A bounce here typically signals Bitcoin outperformance — either BTC rising faster than alts or BTC holding while alts bleed. Either way, it adds pressure to the XRP side of this setup.
💸 XRP/USD – Short Bias
Rejection off the top of a long-term channel, with price pushing down. The next key level is $2.87, the midline of the channel. Until price breaks and holds above $3.34, the structure leans bearish.
♟️ Hedge is Edge
What does this setup teach us?
🔹 Long BTC (structure + dominance support)
🔹 Short XRP (multiple confirmations of weakness)
This hedge reduces directional exposure and allows for a calculated trade, based on structure — not hope.
🧠 The big takeaway: trading isn't about predictions. It's about aligning logic, risk, and market structure into something that makes sense.
Check out the video above to hear the full breakdown. (Audio won’t play inside TradingView — sorry about that — but it’s all explained there.)
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
source https://www.tradingview.com/chart/BTC.D/v0SxT9AV-XRP-Structure-with-Bitcoin-Dominance-Hedge-is-Edge/
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