USDT.D has broken below the rising support line and is currently testing the grey-marked support zone. If this support fails to hold, we could see a sharp decline toward the mid support/resistance zone.
Such a move would likely trigger a strong upside in altcoins as capital rotates out of stablecoins.
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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.