Altcoin Ratios: ADA and DOT

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ADA to BTC daily ratio candle chart, 2/23/22.

The ADA to BTC ratio has broken below support, and also has yet to break a downtrend that it’s been on since mid-January. It’s likely that further volatility in BTC and ETH could continue to affect ADAs ability to outpace BTC.

DOT to BTC daily ratio candle chart, 2/23/22.

DOT has consistently struggled in its ratio to BTC since the new year and has yet to make a definitive recovery. Its currently testing a range of support that it has not seen since the summer. Like ADA, DOT is not immune to the volatility presented by BTC and ETH, and will likely continue to struggle in its ability to outpace the broader crypto market.