TOTAL3 Analysis: Altcoin Market Outlook
Let’s talk about TOTAL3—the index that tracks the combined market cap of all altcoins, excluding Bitcoin and Ethereum. Why does it matter? Simple. If you’re trading or investing in altcoins, TOTAL3 gives you the big picture: where the market is heading and what to expect. Whether you’re holding bags or looking for the next breakout, this analysis could save you some headaches—or help you catch the wave.
Market Sentiment
The crypto market is shifting gears. Bitcoin and Ethereum are driving bullish momentum, but the real action is trickling down to altcoins. TOTAL3 reflects this, as it’s finally showing signs of breaking out from a consolidation phase. Sentiment is turning, and the altcoin market is heating up.
Technical Indicators
The charts are speaking. TOTAL3 is forming bullish patterns, and indicators like RSI and MACD suggest potential upside. Yes, there’s room for short-term pullbacks—markets love to keep us humble—but the overall trend remains bullish. These dips? Opportunities, not red flags.
Altcoin Performance
Some altcoins are already leading the charge. Shiba Inu (SHIB), for instance, popped over 6.5% in a day with massive trading volume. This isn’t a one-off; the broader altcoin market is waking up.
Historical Context and What’s Next
After a turbulent 2023, TOTAL3 started 2024 with a $1.8T market cap. By mid-December, it surged to $3.9T, proving altcoins aren’t just hype—they’re growing fast. The next key resistance, likely in January, is in the green zone highlighted on the chart. Expect pullbacks on the way up, but the structure points to strong rallies in the coming weeks.
The trend is clear: the altcoin market is alive and kicking. If you’re not already tracking these moves, you should be. If you want to copy my trades, copy my lead copy trading account and join me on this journey! Click here to copy my trades and 🚀💰. Cheers!
