#ALTS MARKET CAP ANALYSIS
The ALTS market cap has broken out of the ascending triangle and is rebounding above the breakout level.
Both the 21MA and 50MA are acting as strong support, showing momentum.
If it continues to hold above this level, we can expect a strong bullish rally in the altcoin market.
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has sustained its bullish momentum following the breakout of the descending triangle and the Ichimoku cloud. It is currently encountering resistance at a previous high.
A decisive breakout above this past high resistance would confirm the continuation of the bullish rally. Conversely, if there is a rejection, we might witness a retest of the Ichimoku cloud.
#ALTS MARKET CAP ANALYSIS
The market cap of ALTS has continued its bullish momentum following the breakout of the descending triangle. It has successfully retested above both the Ichimoku cloud and the MA 100.
A continuation of the bullish trend is anticipated in the Alts market, as long as it continues trading above the Ichimoku cloud,
