📈 Looking at the chart of Ethereum dominance at the top, and at the same time its price at the bottom, we can see that there is a delineation of direction between 📆January and 📆February.
If dominance breaks out of this huge purple triangle, breaking through the 20% psychological resistance, the asset will either be outperforming other cryptocurrencies or falling less, depending on the context.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.