The upcoming bull-market is very likely to end up in a new All-Time High for this pair, so the 3,000% potential mapped on this chart is quite conservative, it should be the target for the next strong bullish phase but not the next market top.
Origin Protocol's bear market ended May 2022. All the action from May 2022 through September 2023 is a long-term accumulation phase.
👉 Notice the ultra-high volume late May 2022. 👉 Notice the high volume June and September 2023.
1) Bear market | It is defined by lower highs and lower lows; descending prices.
2) Accumulation phase | It is defined by sideways action.
3) Bull market | It is defined by growth, higher highs and higher lows.
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