Conclusion: We may be seeing some crazy spikes but taken as a whole the charts still have not crossed the thresholds required to have high levels of confidence that we are in the reliable, upwards trending part of the bull market that we are looking to play. Looking at the chart above, we are in much the same position we were in mid 2019, just before BTC fell 70%.
Is there a valid reason why XRP cannot move quickly to $500B market cap since it has more utility than BTC and ETH? BTC is at 600B and ETH 300B currently and they've been much higher.
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