#ALTS MARKET CAP ANALYSIS


The ALTS market cap is #trading below the resistance trendline of an ascending channel, with the Ichimoku Cloud acting as a resistance barrier above the current price action. A strong breakout above the #pattern would signal another #bullish rally in the #altcoin market. However, rejection from this level is also possible, which could lead to further downside. Keep a close eye on upcoming price action for confirmation. #crypto
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