Thinking of the Cryptocurrency market four years cycle, based on Bitcoin's halving, 2019 is analogous to 2023. 2020 is analogous to 2024.
Syscoin (SYSBTC) is now moving within a higher low of a very strong support range that was active back in 2019 and 2020 before a major 1,500%+ bullish wave. This price range is being activated after an entire year of very strong, low volume, bearish action.
As the bearish wave comes to its end a new trend can develop.
After the bearish phase we can expect a new uptrend to start; This is where we are at now.
In the coming weeks or months, SYSBTC can turn from extremely bearish to strongly bullish and grow 515% mid-term with 3-4 times higher possible long-term.
We are looking potentially at bottom prices right now... Use this information in the best way you can.
Namaste.