๐ Current Market Status:
Total market capitalization once again trading at resistance.
Retesting the previous support line at $1.6T.
๐ Potential Scenarios:
If rejected at current resistance, possible downside to $1.52T, and further to $1.4T - $1.45T.
Breakthrough at $1.6T may lead to the next resistance at $1.8T - $1.9T.
๐ฃ Conclusion:
Current status involves testing key resistance and previous support levels.
Scenarios include rejection with potential downside or breakthrough to higher resistance.
Stay tuned for evolving market trends! ๐ฐ๐น #CryptoMarket #TotalMarketCap #MarketWatch ๐๐
Total market capitalization once again trading at resistance.
Retesting the previous support line at $1.6T.
๐ Potential Scenarios:
If rejected at current resistance, possible downside to $1.52T, and further to $1.4T - $1.45T.
Breakthrough at $1.6T may lead to the next resistance at $1.8T - $1.9T.
๐ฃ Conclusion:
Current status involves testing key resistance and previous support levels.
Scenarios include rejection with potential downside or breakthrough to higher resistance.
Stay tuned for evolving market trends! ๐ฐ๐น #CryptoMarket #TotalMarketCap #MarketWatch ๐๐
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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.
Disclaimer
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.