In 2019, the price of Altcoin has dropped significantly. It is now hoped that the price of Altcoin will improve in 2020. Is that possible?
It is not only possible but also certain that altcoin price will increase this year. Altcoins with low marketcap will be more favoured in the increase but all coins will also increase.
This will be in response to bitcoin halving. Although the recent price increase in bitcoin and altcoins are linked to USA and Iraq tension. So, these coin could still later fall until the halving effect will begin later this year.
But, this coming May 2020 halving will increase cryptocurrencies price.