The chart shows the total cryptocurrency market capitalization trend. It shows a range-bound movement within parallel lines, indicating potential resistance and support levels.
Here are some key points you may find useful:
Current market capitalization: approximately $3.13 trillion. Resistance and support: The upper and lower lines indicate levels where the price has historically reversed. Trend analysis: The price seems to be consolidating, which could lead to a breakout or breakdown. Keep an eye on the market to see if it breaks out of this range!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.