CryptoMarketCapBackTo$3T
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap has broken out of the descending channel with strong volume and has shown a solid bounce. It is now testing the horizontal supply zone as resistance, while the 100MA is providing support below.
A breakout above this supply zone could trigger the next bullish rally across the market. However, failure to break through may lead to a pullback from this level.
