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Tokens with Big Chains May Increase by 10X If Market Cycle is Validated

2y ago
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Bears Capture AVAX Market After Bulls Fail to Breach $21.84 Resistance
  • Analyst predicts that tokens from large chain ecosystems may rise 10 times if the market cycle is validated.
  • DOT is currently oversold, hence, it could start rising as predicted by the analyst.
  • The falling wedge pattern could help Polkadot reach $7.

Full-time trader and crypto analyst Jackis stated that if the market is nearing a retracement from the depression phase, then, tokens belonging to big chain ecosystems would increase by 10 times. Furthermore, he named tokens such as Avalanche (Avax), Solana (SOL), Polkadot (DOT), and Arbitrum (ARB).

The depression phase of the market has been derived from the Psychology of a market cheat sheet. As per the sheet, the market goes through different stages according to the trader’s sentiments. It goes through a Hope phase where traders accumulate cryptocurrencies hoping for …

The post Tokens with Big Chains May Increase by 10X If Market Cycle is Validated appeared first on Coin Edition.

2y ago
bullish:

1

bearish:

0

Share
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