The Altcoin market cap is currently respecting the rectangular support on Daily the 200 EMA is also aligning as a strong support for the Altcoin market cap.
As long as the Altcoin market cap is respecting the rectangular support we can expect an upside move from here.
The Altcoin market cap will see retracement if it loses this rectangular support + 200 EMA support on the daily.
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#Alts Market Cap Analysis:
The Altcoin market cap is currently respecting the rectangular support on Daily the 200 EMA is also aligning as a strong support for the Altcoin market cap.
As long as the Altcoin market cap is respecting the rectangular support we can expect an upside move from here.
The Altcoin market cap will see retracement if it loses this rectangular support + 200 EMA support on the daily.
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