Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Crypto traders looking for clues on pockets of the crypto market seeing signs of green shoots might want to consider
The relative rotation graph is a visual representation of the relative strength and momentum of multiple assets relative to a benchmark . The x-axis measures altcoins' relative strength compared to BTC and the y-axis indicates the momentum of altcoins' performance. "We use RRGs to evaluate cyclicality among the top altcoins normalized versus bitcoin. A few altcoins have less downside momentum versus bitcoin, with Chainlink joining Ether and Ripple in the Improving quadrant," analysts at Fairlead Strategies said in a note to clients Monday.
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