Market Analysis: Relative Rotation Graphs, a visual tool to capture trends in assets, do not show many signs of hope, even for cryptocurrencies that rose significantly over the last three months. GWilliamsJr_CMT reports
XRP, DOGE, and LTC all act primarily as currencies, but otherwise, each coin on the above list fits within a distinct category, so their gains cannot be attributed to particular events or industry-specific trends.
TWT’s 24-hour volume ranks just 29th among assets at $42 million in real volume daily. By comparison, BTC’s daily volume is $3.7 billion. The low volume by comparison is noteworthy, as lower activity can lead to wider price swings.Developed by Julius de Kempanaer, RRGs allow users to view asset performance in four distinct quadrants.
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