#TOTAL MARKET CAP ANALYSIS

The total market cap experienced a significant increase in trading volume after bouncing off the trendline of the ascending triangle. Currently, it is facing the MA 200 and the Ichimoku cloud. MACD crossover is showing bullish momentum.

A successful break above the MA 200 would serve as confirmation for the continuation of the upward trend. In case of rejection, it will revisit the support provided by the trendline of the ascending triangle.