Some red days have beset the altcoins over the previous week, but the price structure base appears to be holding. Is another $40 billion the amount of the next leg higher for alts?
The trend is still up
Fear continues to ebb and flow in the crypto markets as the price goes up and down. There is always some massive event that will crash the price down to unimaginable levels and then everyone will leave this space and forget about crypto.
Or, as is happening, the price will continue to move up in inexorable fashion. Yes, there are sell factors that come along now and then, and of course there are the normal ups and downs of any market, but crypto runs in cycles, and the bull market cycle is still playing out before our eyes.
Altcoins break out
Source: Coingecko/Trading View
The market cap of all cryptocurrencies, excluding $BTC and $ETH can be viewed on the Total 3 chart. The breakout has occurred, and the resistance at $523 billion looks to have now been flipped into suppor
We współpracy z: https://cryptodaily.co.uk/2024/02/altcoins-ready-for-next-leg-higher
