#ALTS MARKET CAP ANALYSIS
The ALTS market cap has broken out of a falling wedge pattern with strong volume, indicating bullish potential. However, it is currently facing rejection at a key horizontal supply zone and trading within the Ichimoku Cloud, suggesting indecision.
A breakout above the supply zone would likely trigger a continued upward rally in the ALTS market. Alternatively, a short-term correction remains possible at this level. Keep a close watch on upcoming price action for confirmation.
