After receiving quite a battering on Monday, when the altcoin market cap experienced a loss of $450 billion which sent it down to $900 billion, the recovery from the bulls was fast and furious. Tuesday sees the altcoin combined market cap at $965 billion, and the trend is definitely still up. $XRP and $KAS lead the pack.
Total3 confirms uptrend
Source: TradingView
Total3 is the combined market capitalisation of all the cryptocurrencies, excluding $BTC and $ETH. It can be seen that the price came all the way down to confirm the bottom of the triangle before rising and settling above the strong horizontal support once more.
It could be that the price ducks back under the support again as it continues to track sideways, experiencing strong volatility as it does so. However, a break to the upside of the triangle is more likely than not. All that is needed is for Bitcoin to do its part.
$XRP breaks out – set to go higher
Source: TradingView
Among the altcoins that are doing t
We współpracy z: https://cryptodaily.co.uk/2025/01/altcoins-recovery-strong-uptrend-continues
