Crypto Total Market Cap (Excluding BTC & ETH) - TOTAL3 Analysis
The TOTAL3 market cap is currently moving within a descending channel pattern. After testing the lower boundary, the market is showing signs of recovery, trading at $986.21B, with a notable +2.71% increase.
Channel Formation: The price action respects the descending channel boundaries, creating potential swing trading opportunities.
Potential Reversal: The recent bounce near the lower boundary suggests a possible attempt to break the midline or test the upper resistance of the channel.
Watch Levels: A break above the upper trendline could signal a bullish breakout, targeting $1.1T, while failure to hold current levels may lead to retesting the lower boundary around $900B.
The TOTAL3 market cap is currently moving within a descending channel pattern. After testing the lower boundary, the market is showing signs of recovery, trading at $986.21B, with a notable +2.71% increase.
Channel Formation: The price action respects the descending channel boundaries, creating potential swing trading opportunities.
Potential Reversal: The recent bounce near the lower boundary suggests a possible attempt to break the midline or test the upper resistance of the channel.
Watch Levels: A break above the upper trendline could signal a bullish breakout, targeting $1.1T, while failure to hold current levels may lead to retesting the lower boundary around $900B.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.