Brief intro The 22nd of December 2020 the SEC sues XRP; claiming that Ripple conducted an unregistered securities offering by selling XRP, which they classified as a security, without proper registration or exemption.
This is important for us to note before we go forward, because it is one if the key reasons that we have seen a semi-halt in the returns of XRP relative to BTC and ETH.
The stationary timeseries of the returns of XRP Se notice that both for ETH as well as BTC that the XRP returns tend to move in a non-cyclical oscillator within a certain range.
I believe that the outcome of the SEC's case against XRP will move the oscillator to a new regime, like we saw after december 2020 where the SEC started it's case against Ripple
Using this theory you could get an overview of when XRP is likely to outperform ETH or BTC in the mid-term. Make sure you are aware of external market factors if you use this method though!
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Bottom of the range has been hit. Will it hold?
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Seems like we have our first big bounce after a double bottom at the bottom range, should be outperforming BTC in the mid-term for this cycle