CryptoMediaClub
Wednesday, July 9, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

https://bitcoinworld.co.in/45961-2/

21.07.2023
A A
0
125
VIEWS
ShareShare

“Parabolic” Signal Suggests Litecoin & XRP Will Lead, While Bitcoin & Ethereum Lag

Bitcoin and Ethereum, the dominant forces in the cryptocurrency market, have long been considered the top contenders by market capitalization. However, a “parabolic” high timeframe signal now suggests that Litecoin (LTC) and XRP could soon take the lead, paving the way for a new era in the crypto space.

The absence of the technical tool being triggered in Bitcoin (BTC) and Ethereum (ETH) is indicative that these two giants might trail behind the lower-ranked altcoins. To understand this phenomenon better, let’s delve into the reasons behind this potential market shift.

Cryptocurrencies are famous for their remarkable, parabolic rallies that eventually lead to extreme overvaluations. It is crucial for traders and investors to recognize when these trends are about to change to stay profitable in the ever-changing crypto market.

Enter the Parabolic SAR, a powerful tool designed to identify trend reversals. Created by J. Wells Wilder, Jr., who is renowned for his contributions to technical analysis, this indicator can give traders valuable insights into when a trend is likely to stop and reverse.

Analyzing the 1M timeframe of top crypto assets, including Litecoin, XRP, Bitcoin, and Ethereum, it becomes evident that only LTCUSD and XRPUSD have tagged the Parabolic SAR. This suggests that the downtrend in Litecoin and XRP has come to a halt and might reverse, signaling a potential market leadership shift.

This intriguing development arises from the fact that Litecoin and XRP did not experience dramatic all-time highs in 2021, unlike Bitcoin and Ethereum. This could be one of the contributing factors to the early trigger of the signal in LTC and XRP compared to BTC and ETH.

Another crucial aspect to consider is that LTC and XRP sellers might be more exhausted due to their prolonged drawdown from all-time highs. In 2017, both altcoins significantly outperformed Bitcoin and Ethereum, making the current scenario, though unusual, not entirely implausible.

To trigger the same signal as Litecoin and XRP, Bitcoin’s price (BTCUSD) will need to approach approximately $42,000 per coin, while Ethereum (ETHUSD) will have to surpass the $3,300 mark. These price targets are still some distance away, making Litecoin and XRP’s early signal all the more intriguing.

At this juncture, traders can utilize the Parabolic SAR to set a trailing stop loss by placing a stop loss order at the SAR indicator. By doing so, traders can minimize potential losses and exit positions when the trend is likely to have stopped and reversed.

In conclusion, while Bitcoin and Ethereum have long dominated the cryptocurrency landscape, the “parabolic” high timeframe signal is suggesting a potential shift in market leadership. Litecoin and XRP have shown early indications of trend reversals, opening up exciting possibilities for crypto enthusiasts. As the crypto market continues to evolve, keeping a close eye on technical indicators like the Parabolic SAR can be the key to navigating this dynamic space successfully.

The post appeared first on BitcoinWorld.

Share10Tweet6ShareSharePin2

Related Posts

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC
Blockchain

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
0

Skip to content

Read moreDetails
Tether USDT: Massive 1 Billion Minting Sparks Crucial Market Shift

Tether USDT: Massive 1 Billion Minting Sparks Crucial Market Shift

04.07.2025
Hancom With Pioneers RWA Space with Gold-Backed Stablecoin

Hancom With Pioneers RWA Space with Gold-Backed Stablecoin

03.07.2025
Stablecoin Revenue Soars: Companies Post Massive $10 Billion Annual Earnings

Stablecoin Revenue Soars: Companies Post Massive $10 Billion Annual Earnings

03.07.2025
Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets

Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets

30.06.2025
Load More
Next Post
Rising unrealized profits indicate a more optimistic Bitcoin market

Rising unrealized profits indicate a more optimistic Bitcoin market

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Binance Executive Sues Nigerian Authorities for Alleged Rights Violations

Binance Executive Sues Nigerian Authorities for Alleged Rights Violations

1 year ago
Bears Take Bitcoin (BTC) Below $26K, More Downtrend Ahead?

Bears Take Bitcoin (BTC) Below $26K, More Downtrend Ahead?

2 years ago
Shiba Inu (SHIB) Sees Remarkable 2,200% Rise in Inflows – What’s Behind the Surge?

Shiba Inu (SHIB) Sees Remarkable 2,200% Rise in Inflows – What’s Behind the Surge?

2 years ago
Scammers Use Etherscan to Disguise Malicious Smart Contracts

Scammers Use Etherscan to Disguise Malicious Smart Contracts

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Breaking: Emirates Airlines to Begin Accepting Bitcoin and Cryptocurrency for Flight Payments

Revolut Launches Instant Money Transfers to China

New Zealand Bans Crypto ATMs, Sets $5K Cap on Transfers in Major AML Crackdown

Coinbase Drops $5 Million Bug Bounty on Cantina for Base and Smart Contract Security

Truth Social Files for Blue-Chip Crypto ETF Including BTC, ETH, XRP, and SOL

[LIVE] Crypto News Today: Latest Updates for July 9, 2025 – Nasdaq-Listed GameSquare Announces $100M ETH Treasury Strategy

Trending

Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin? 
All news

Bitcoin Cash Price Prediction: Whale Transactions Surge 122% – Could BCH Overtake Bitcoin? 

09.07.2025
0

Bitcoin Cash (BCH) has been in an uptrend recently, and a 112% weekly surge in whale accumulation...

Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

Suspected Exploit Hits GMX Exchange: Over $42M Drained from Vaults – DeBank Reports

09.07.2025
BioSig Raises $1.1 Billion to Tokenize Gold and Commodity Assets

BioSig Raises $1.1 Billion to Tokenize Gold and Commodity Assets

09.07.2025
Breaking: Emirates Airlines to Begin Accepting Bitcoin and Cryptocurrency for Flight Payments

Breaking: Emirates Airlines to Begin Accepting Bitcoin and Cryptocurrency for Flight Payments

09.07.2025
Revolut Launches Instant Money Transfers to China

Revolut Launches Instant Money Transfers to China

09.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz