#ALTS MARKET CAP ANALYSISThe #Altcoins market cap is #trading within the key horizontal support/resistance level of the ascending triangle pattern. The 100MA is acting as support, while the 50MA is serving as resistance above the current price action. A breakdown below the 100MA could trigger a downward move. However, a recovery in the #altcoin market is also possible from this zone. #crypto
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Goodsman
· 2h ago
#ALTS MARKET CAP ANALYSISThe # Altcoin market capitalization trades within the key horizontal support/resistance level of the ascending triangle pattern. The 100-day moving average acts as support, while the 50-day moving average serves as resistance above the current price action. A break below the 100-day moving average could trigger a downward move. However, the rebound of #altcoin market is also possible from this zone. # cryptocurrencies
#ALTS MARKET CAP ANALYSISThe #Altcoins market cap is #trading within the key horizontal support/resistance level of the ascending triangle pattern. The 100MA is acting as support, while the 50MA is serving as resistance above the current price action. A breakdown below the 100MA could trigger a downward move. However, a recovery in the #altcoin market is also possible from this zone. #crypto