✴️ PYRUSDT | Vulcan Forged (Name Your Altcoin #5 ✅)Vulcan's volume has always been strong, meaning that this is a well traded/sought out project.
This is also one of the "strong ones".
PYRUSDT technically hit the same low in December as in June 2022. In fact, while it wicked lower by a few cents, the candle close was higher and thus a signal of strength.
The RSI is very strong above 50 on the weekly timeframe, we are looking mainly at the log chart but see how the linear one looks below:
In 2024 we can revisit the highs of late 2021.
If this does not happen in 2024 then 2025 for sure... Based on the 2 years market cycle we normally experience.
2 years bullish, 2 years bearish.
The growth we see now is only the bottom recovery process, this can be followed by first a retrace, another bullish wave and then long-term consolidation.
The Bitcoin halving happens in 2024 and right after this event, the market resumes fast growth.
It will take a while but in late 2024 for some altcoins and 2025 most of the cryptocurrency market we will experience the next bull-run.
2023 is just getting started but we only gain by being prepared and aware beforehand as to what the future holds.
Thanks a lot for your continued support.
Namaste.
