Siacoin 3,800% Potential Exposed & Other Chart Dynamics

9月9日

Siacoin is one of those Altcoins that did pretty good in its recovery year bullish wave, total growth from bottom to top amounts to 970%, this is really good.

It peaked around mid-February 2024 and the correction sent prices back into the long-term accumulation zone —here shown as a blue channel.

Notice the really high volume on this chart in July 2024... Whales are loading...

Back in November 2022, the highest volume ever preceded this massive 970% bullish wave. So seeing this huge volume now (July 2024) reveals what is coming in 2025; it will be huge.

Notice here how in 2021 Siacoin peaked in April, many pairs peaked later in that year. Just pointing this out. Be aware of strong variations across the market. With thousands of trading pairs, they cannot all move at the same time, and this is good because in this way the bull-market lasts longer and we have the opportunity of enjoying one pair/project then moving to another one, and another one, and another one and so on until the final peak is finally reached.

Siacoin (SCUSDT) is already in a bullish trend, higher highs and higher lows, so one does not need to be a magus to predict a new All-Time High in 2025.

The main target is set at 0.1649 for ~3,800% potential (a little bit less).
Still ATH but lower would be 0.100, totaling 2,283% growth potential from current prices.
If the pair moves lower later on, growth potential becomes higher.

There is also a medium-term target on the chart.

Seeing how strong Siacoin has been over the years, we will only aim high for this pair; buy and hold. There is no point in selling low when we have higher highs clearly on the chart.

Patience is key.
Enjoy your day.

Thank you for reading.

Namaste.