CAPITALIZATION ASSESSMENT
The altcoin market capitalization has successfully broken out of the falling wedge pattern and completed a retest. It is now trading above the 200-day moving average, which is providing solid support, while the 50-day moving average is acting as a resistance barrier.
A breakout above the 50-day moving average could trigger a bullish rally across the altcoin market. Monitor this key level for potential upward momentum.
