• Altcoin marketcap is currently trading inside the channel and it's been inside the channel since 2024 with market cap reaching the peak in first quarter of 2024
  • Currently the marketcap is around the resistance line and expected to break out from the resistance zone.
  • we can expect a clear bullish confirmation after the price breaks the 750B barrier.
  • By the end of 2024 i'm expecting the altcoin marketcap to reach 1T


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GreenCrypto
Comment
Instead of breakout, it got rejected in the resistance line
Comment
Price is currently at the support zone, a strong bounce back is required to for a alt season
snapshot
ALTaltcoinaltseasonBitcoin (Cryptocurrency)Bullish PatternsbullrunChart PatternscryptoTechnical Indicatorsmarketcaptotal3Trend Analysis
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