#MARKET CAPITAL ANALYSIS $ALTS

The altcoin market capitalization pumped in decent volumes after overcoming a high resistance level in the past, which is now expected to act as a key support level.

Currently, there is an attempt to break the resistance created by the horizontal trendline. A candle closing above it would be a strong bullish confirmation. Conversely, a rejection at this level will likely result in a retest of the horizontal support.