Altcoins on the brink!!

This chart excludes BTC and ETH, it is just the altcoin market cap.

They are sitting on a relatively strong support but a drop below will be devastating as there is not much support until approx 100 billion.

If they hold her and make move higher to 505 to 510 billion Then I think a big move can follow to into the 2 plus trillion mark but at this point its far stretch.

The good news is the RSI did go to
the Corona dump lows and has taken a bounce, but lets see where it leads.
A move above 500 billion and hold is very positive and could lead to strong rally later this year or next year.