Post
Topic
Board Trading Discussion
Re: Alt coins are About to pump again!
by
SuperMariob
on 05/07/2022, 15:46:02 UTC
While I don't think a rally is coming soon for the altcoin but a market recovery is possible but it's still pretty small. Do your analysis, don't trust too much on the micro-bounces you see on the chart because it's normal when lows are hit.

You may be able to make the decision to invest and diversify your assets with multiple altcoins, but you also need to be pretty sure that the trend is very dependent on how traders and investors treat bitcoin in the market. While the bitcoin price has still failed to break through the $22K to $25K resistance, so if you're pretty sure about altcoin rallying then I hope you should consider the risks. Don't be greedy, I suggest you wait a while and do a good analysis before making a decision.



Very hard to predict what will happen. I think this bear market cycle will be different from the previous ones.