This should naturally rise in the 21k to 23k range, but there is also a scenario of a long-term decline as the inevitable flow of liquidity, such as the global economic downturn, is cut off.
CRO had warned of a significant drop in previous analyses.
NEAR has repeatedly warned in previous analyses that this is a fake rise to fool you when it is at the $15.5 level and predicted it will fall to $7.
In a previous analysis, GMT analyzed that when it was at the $2 level, it would rise back up, warned that it would be dangerous to go near $4 and has continued to update the analysis to see how far it would fall.
The APE predicted a rise from $11 to more than $20 in its previous analysis and warned that it would go down toward $7.7 when it was above $20.
The KNC has warned in advance that it will soon fall to the $0.7 level when it is rising above $4.3.
BSW has warned in advance that it will soon drop to around $0.6 when it is at $1.15.
DAR has warned that it will fall to $0.36 when it is at $1.7 and is now at that position.
KOK has warned in its previous analysis that it will go from $4 to below $1 and has reached its goal.
SANDBOX has been warned by me for a long time and has almost reached a satisfactory end target in short positions. Let's stop going down at the $0.7 level and look forward to seeing what pattern they're making and showing us.
It predicted a decline and expected areas to rebound, but it is going down deeper and endlessly. It is no longer worth analyzing. .......................................
This will be well below the price of the COVID-19 crash. .............................................
Most Altcoins will go back to where they were born. ...............................................
Personally, I'm looking for a reason to reach 100K even if it goes down to 23K . However, in addition to the economic situation, there were scenarios in which the market stagnated for a long time due to deterioration, so I drew an example.
We tested the bottom of the channel once again Since FOMC, it has bounced up from the wedge pattern. The problem is that the size of this rebound that just started You have to check how long it will go and where it will be resisted. If it goes above the orange top trend line, I'm ready to look at it positively again. But if it comes down to retesting at the bottom...
high risk, low return lol .....................................
But if it fails to rebound here, I'm sure it will go down without mercy if it goes down the bottom of the wedge and channel. .........................................
I'll just tell you the conclusion In conclusion, I think it's right to go down to $0.1 rather than going to $10. ..................................................................