Total Market Cap Analysis Without Bitcoin and Ethereum (14/07) — TOTAL3
We mentioned in the previous post that the price would bounce from the support at 742.45–712.88, which indeed happened. Currently, the indicator is trying to test the central resistance at 934.06–978.94, within which it is now moving.
If this resistance is broken and maintained above it, it could push the indicator towards testing the next resistance at 1.12T–1.13T.
However, a retest of the current support at 883.87–859.37 is not excluded before continuing any upward movement.