Theta Token | Altcoins Market Dynamics
While some altcoins will go ahead and start their bull-market now, meaning that they won't comeback to hit new lows until after 2025; some other altcoins are only producing a short-term bullish move. Let me explain.
Some pairs are trading really high up, these are just a few and mainly the big projects. They are trading at the same price at which they traded around March 2024. These are set to crash, the correction is not over for them.
Others are trading at "baseline." The price at which they traded at in January 2024. While this is a strong support, it still isn't low enough for the start of a major, full-blown bullish phase. These are medium sized projects based on their capitalization. Theta Token is an example of those.
Then there are those small cap., less known projects hitting all-time lows. This are good long-term.
THETAUSDT can produce a strong wave here but be cautious that it can drop just as strongly in 1-2 months. They can rise, just to comeback down to produce one final major low before maximum growth.
The size of this bullish wave can vary, but this is a fair warning if you are looking at the altcoins market to get in and get out before the major bull-market.
I am sharing charts from all these sections of the market, the big, the medium sized and the small cap. ones.
I hope you find this information useful.
This is a bullish pair.
Namaste.
Some pairs are trading really high up, these are just a few and mainly the big projects. They are trading at the same price at which they traded around March 2024. These are set to crash, the correction is not over for them.
Others are trading at "baseline." The price at which they traded at in January 2024. While this is a strong support, it still isn't low enough for the start of a major, full-blown bullish phase. These are medium sized projects based on their capitalization. Theta Token is an example of those.
Then there are those small cap., less known projects hitting all-time lows. This are good long-term.
THETAUSDT can produce a strong wave here but be cautious that it can drop just as strongly in 1-2 months. They can rise, just to comeback down to produce one final major low before maximum growth.
The size of this bullish wave can vary, but this is a fair warning if you are looking at the altcoins market to get in and get out before the major bull-market.
I am sharing charts from all these sections of the market, the big, the medium sized and the small cap. ones.
I hope you find this information useful.
This is a bullish pair.
Namaste.
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