ALTS MARKET CAP ANALYSIS
After the breakout of the ascending triangle pattern, the ALTS market cap experienced a significant increase. This pattern suggests a period of consolidation followed by a potential bullish continuation. Additionally, the Ichimoku cloud is indicating a bullish trend for ALTS.
However, it's important to note that the RSI is currently indicating overbought conditions in the ALTS market. A successful retest above the triangle would be a strong bullish confirmation in Alts.
Update soon, my friends 💫
