Potential Correction for the Cryptocurrency Market Cap
According to the chart you're viewing, there is a resistance zone (3.36T to 3.26T) ahead. Considering the bullish momentum in the last three candles, there is a possibility of a breakout. However, if the cryptocurrency market cap is going to undergo a correction before reaching the top of the bullish channel, I think this zone is where the correction will occur.
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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.