TOTAL MARKET CAP ANALYSIS

23 มิ.ย.

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ALTS Market Cap
Current Situation:

The ALTS market cap is currently testing the boundaries of a descending triangle pattern.
The 100-day moving average is acting as resistance just above the triangle.
200-Day MA Bullish Momentum: The 200-day moving average suggests underlying bullish momentum.
Anticipate a bounce from the triangle's support level.
A successful breakout above the 100-day MA confirms a bullish trend.
If the retest of the triangle's boundaries fails, expect further consolidation within the pattern.
This indicates continued market indecision.

The ALTS market cap is at a crucial juncture. A bounce from the triangle's support and a breakout above the 100-day MA will confirm a bullish trend. Failure to break out suggests further consolidation and market indecision.

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