SOVBTC - Bottoming after awful 2021?
Sovryn had a pretty poor performance in 2021 after a strong initial launch. Although they have carried on building the price has just continued to retreat even after a large pump midyear. I did expect that to be the bottom however it continued to drop and sits at ATL and equal lows on the BTC pair.
I do expect SOV to be building a bottom here and sit in accumulation before moving up again.
I also expect SOV to have a better year in 2022 as long as we stay Macro bullish.
I do expect SOV to be building a bottom here and sit in accumulation before moving up again.
I also expect SOV to have a better year in 2022 as long as we stay Macro bullish.
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