Altcoins market chart
Looking at the chart, we are currently at a critical juncture. The price is sitting right on a multi-year trendline, which coincides with the 21-month EMA, making it a strong support zone. Historically, this combination has often led to a bullish bounce. If you've been waiting for the ideal time to enter the market, now could be the moment, as we are at a key support level. However, if this support and the 21 EMA are lost, it would likely signal the onset of a bear market. Until then, it's a favorable spot to consider going long.
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