Altscap
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#Altscap
AltsCap is showing a clear and bullish trend on the weekly chart. It recently broke out cleanly from the trendline and is now retesting that level on the weekly timeframe. At the same time, it's holding steady in the demand zone on the daily chart. There's no reason to be bearish right now, as long as it stays above the 500B zone, thereâs no need for concern.
If it loses this level and bullish momentum fades, altcoins could face significant challenges, and the bull run may come to an end. However, as long as AltsCap holds this zone, the outlook remains positive for altcoins. If the retest is successful, AltsCap could potentially reach 780B in the coming weeks.
Stay strong!
AltsCap is showing a clear and bullish trend on the weekly chart. It recently broke out cleanly from the trendline and is now retesting that level on the weekly timeframe. At the same time, it's holding steady in the demand zone on the daily chart. There's no reason to be bearish right now, as long as it stays above the 500B zone, thereâs no need for concern.
If it loses this level and bullish momentum fades, altcoins could face significant challenges, and the bull run may come to an end. However, as long as AltsCap holds this zone, the outlook remains positive for altcoins. If the retest is successful, AltsCap could potentially reach 780B in the coming weeks.
Stay strong!
