#AltcoinBreakout Coin breakout means when price of coin crosses the resistance level. Alt coin break out is a issue here. From the graphical data it is evident that it is in a downward trend. The market capitalization of the coin is almost 174 million. Alt coins has issuence date is 25-01-24. The resistance point of the coin is between 0.02642 to 0.03634. The ampl here is 119.47 percent. The question is will the alt break out create a reversal here. Crypto supply and demand pull is in balanced state. To move such a crypto we need a money inflow of of about 3.7 billion. Having said that the money flow is possible because of usa crypto bill which had created a upward fear and greed index.
The issue is toward what zenith. The answer is records are created to break.