ANALYSIS OF MARKET CAPITALIZATION #ALTS The capitalization of the ALTS market remains above the support line of the ascending triangle, suggesting a potential bounce. The Ichimoku cloud and the 50MA show bullish momentum, strengthening recovery prospects. If the price stays above the support line, there may be a bounce in the altcoin market. However, a breakout from the pattern would indicate further correction, potentially extending the decline.#PI #ContentStar #GateioInto11 #HotTopicDiscussion
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#April Market Outlook
ANALYSIS OF MARKET CAPITALIZATION #ALTS
The capitalization of the ALTS market remains above the support line of the ascending triangle, suggesting a potential bounce. The Ichimoku cloud and the 50MA show bullish momentum, strengthening recovery prospects.
If the price stays above the support line, there may be a bounce in the altcoin market. However, a breakout from the pattern would indicate further correction, potentially extending the decline.#PI #ContentStar #GateioInto11 #HotTopicDiscussion