The last quarter of this year might be a bull run for alternative coins. Some have lost significant value amost over 90% from their all-time high. XRP has demonstrated this and let see if others will follow
It's hard now, when we can see almost altcoins is in the bearish trend. We still in a downtrend market, and we don't know when it'll stop. Marketcap is just $ 200B now, we need a new inflow. Maybe the next halving event of BTC will be the best time for uptrend start.
That is definitely a possibility but I wonder if things are changing and there is a possibility that the bull market will come any sooner, the market has been growing during the last two days and the movements in the price have been extreme, maybe this means a new bull market is coming but this could also mean this is the last attempt of the bulls to try to start a bull run and if they fail the price could go down for the next months, it is too early to tell but now more than ever we need to watch the markets very closely.
Another attempt might be before ending this year, the bull is trying to come up strong and making things potentially to overcome the market.
If this trend continue to workout and build a strong barrier bull might gain strong support and start to move upwards and try to reach another
peak. Hopefully this sign of quick bounce continue and make a much better progress in terms of value.