Cryptocurrency Market Analysis for 09/28/2024

Overview

As of September 28, 2024, the total cryptocurrency market cap is $2.245 trillion, down 0.78% from the previous day. This indicates a decline in interest in cryptocurrencies and profit taking amid current market conditions.

Overall market RSI is 60.87 (strong zone). Overall market momentum indicates market stability, but overbought assets require caution.

Probabilities of further market movement:

‱ Growth: 40%

‱ Correction/decline: 50%

‱ Consolidation: 10%

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