Update on the Altcoins We Have Analyzed
In recent months, we have analyzed a total of 11 altcoins that we have been accumulating due to their good technical pattern and solid fundamentals. In light of the sharp declines we have experienced in recent months, whether manipulated or not, we will summarize the cryptocurrencies in several groups.
Group of altcoins that have not been able to break their accumulation range to the downside:
#AVAX (Avalanche)
FIL (Filecoin)
#icp (Internet Computer)
COTI (Currency of the Internet)
#dot (Polkadot)
EOS (Enterprise Operation System), NEO (Neo).
Group of altcoins that have broken their accumulation range to the downside and, if they do not re-enter the range in the coming weeks, we will discard them and go towards the end of the cycle with what we have:
FET (Fetch.ai)
NEAR (Near Protocol)
ROSE (Oasis Network)
MINA (Mina Protocol).
Altcoins that have broken their range with force and we are going with what we have:
RUNE (THORChain).
In the coming days, we will update each analysis and, if you want me to take a look at a crypto, do not hesitate to leave it in the comments. Remember that until Bitcoin dominance does not break structure to the downside, there will be no altcoin season. Two key zones are the 58% zone as daily support and the 56% zone where the so-called trend line is located.