Post
Topic
Board Altcoin Discussion
Re: why is it difficult to apply TA on altcoins with low marketcap
by
masterrex
on 23/10/2021, 14:43:47 UTC
How low is low? You didn't name the altcoin and the market cap.

not too low, more or less a coin with a marketcap of $100M and a trading volume of $10M. one of them Banana(apeswap) #368 on coinmarketcap. I made an analysis for this coin a few weeks ago. At that time I saw the price had reached the resistance point, and I bought it. but so far the price has not gone up.

Sometimes things don't work as intended to be, But who knows it will be a bouncing-back soon just focus and have extra patience because cryptocurrency investment needs a lot of patience, Anyway I think Apeswap was working well and their banana token price is also stable, so just wait and hold otherwise if you are tired of doing it there's a lot of prospect in the market especially in the low marketcap project.