USDT Dominance has broken down from the accumulation zone — signaling capital is rotating out of stablecoins. This breakdown could fuel an altcoin rally. Keep an eye on alt setups!
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Crypgraph
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Bearish
USDT Dominance is consolidating within a defined accumulation zone after breaking below the ascending trend line and 50 EMA.
Price is currently hovering around 5.16%, just under a key resistance at 5.22%.
A rejection here could signal strength in altcoins, while a breakout above 5.22% may trigger risk-off sentiment in the crypto market
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#crypgraph #diminance $BTC #EUPrivacyCoinBan
Price is currently hovering around 5.16%, just under a key resistance at 5.22%.
A rejection here could signal strength in altcoins, while a breakout above 5.22% may trigger risk-off sentiment in the crypto market
DYOR NFA
#crypgraph #diminance $BTC #EUPrivacyCoinBan
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