Post
Topic
Board Trading Discussion
Re: Looks likes ETH is breaking out of BTC pair
by
atjiat
on 15/10/2019, 17:52:55 UTC
The battle that is ongoing is between XRP and ETH. There is room for only one winner in my opinion. We will se which of the two will become the No 1 altcoin. Ripple seems to be on the fast lane and I think it is more attractive to new investors because it's cheaper and newbies will think it has more space for growth. So when altcoin season comes (there are signs of it, but this is still far from it), my bet is on XRP.
I bought some XRP too this week, the potential of XRP outrun ETH is possible just by looking its graph this past months and weeks. If it continue in this trend maybe this month or next month it can take over ETH in no.2 spot Though ETH is doing great this past week too its just some holders pulling it back that it can't get into $200 price.

That will be difficult to beat ethereum since XRP needs to increase its volume to compete. Perhaps, that will not happen in a short time but who knows because everything on the market will be possible to happen, especially if there is a strong back up for that coin. Ethereum itself need time before the price can increase. I guess that will depends on how strong the support for ethereum because the ethereum price is not going to increase in a short time too.

But ethereum will have a chance to break 0.03 btc in this month or next month, and I guess that it will increase so high when the update of the ethereum project release in the next year. Ethereum still at the no.2 at CMC and that will not easy to replace the ethereum position at the coinmarketcap list.
The fact is that recently I began to notice the fact that Ethereum is becoming an independent coin, which will not be affected by the price of bitcoin.  I believe that Ethereum can no longer be called altcoin.  On this basis, Ethereum has a lot of opportunities that are reinforced by the new results of scouts, which are aimed at improving Ethereum 2.0.  Nevertheless, I believe that ethereum is much more likely to take a leading position in the cryptocurrency market than Ripple.  But if Ripple takes second place in the cryptocurrency market, then the first will be ethereum. Grin