This is what will happen soon with a lot of currencies
BNXUSDT This coin is for explanation only:
In this currency, we see the price reaching a previous low, which is a strong support area, and when touching it, the price bounced strongly with a rise of 294% ..
Conclusion:
This currency is one of the first currencies to bounce strongly from the bottom, knowing that Bitcoin's dominance is still high, so just wonder what will happen to the rest of the currencies if Bitcoin loses its dominance.
I think this rise that happened now will be nothing compared to what is coming.
good luck ..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.