๐ Analysing The ALTCOINS Market Cap ๐ฏ
๐จ Altcoin Market Cap Faces $425B Resistance
๐ Will $315B Support Hold the Line? ๐
๐ฏ The Altcoin Market Cap has experienced significant resistance at the $425 billion level, marked by a strong rejection. Following this rejection, the market cap has experienced a notable retracement. However, this retracement appears to reflect a shift in the resistance levelโs strength, potentially indicating that $425 billion is losing its role as a Major Rejection Point. ๐
โ The recent price action suggests that the $425 billion resistance level may be gradually losing its strength as a rejection point. The shallower retracement could indicate a buildup of momentum, signaling potential changes in the marketโs ability to surpass this level. Traders and analysts are closely monitoring these developments for signs of a breakout above $425 billion in the near future.๐ฎ
๐ป Source: Rekt Capital.
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