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Market Cap USDT Dominance, %
Short
Jun 25, 2022
Tether Dominance Decline Not Over
1
1
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5
5
We see Tether Dominance (USDT.D) declining slowly since 18-June... But, is it over?
Not likely.
The downtrend is only getting started and the chart signals and indicators continue pointing to lower prices.
USDT.D just hit a support level recently around ~7.10%.
After a small bounce, we are likely to test EMA300/MA200 at 6.66% - 6.75%.
Followed by 5.70% as the final target short-term.
Conditions for change
If USDT.D moves and closes above 7.56% the short-term bullish bias is compromised but not all is lost.
It needs time to develop.
Namaste.
MasterAnanda
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💥💥💥 Gain LIFETIME access for a one-time-payment —Lowest prices ever! 👉
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(Since 2017)
Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
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