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#TOTALMARKETCAP update 📊 The #altcoins market cap is undergoing a retest above the descending triangle while encountering resistance at the MA 200. Currently, it is in a consolidation phase and trading below the Ichimoku cloud. Anticipated is a rebound following further liquidity absorption from the descending trendline. A strong #breakout of both the MA 200 and the Ichimoku cloud would confirm a bullish sentiment in the altcoins market. #altseason #crypto2023 $BTC $ETH $SXP

#TOTALMARKETCAP update 📊

The #altcoins market cap is undergoing a retest above the descending triangle while encountering resistance at the MA 200.

Currently, it is in a consolidation phase and trading below the Ichimoku cloud.

Anticipated is a rebound following further liquidity absorption from the descending trendline.

A strong #breakout of both the MA 200 and the Ichimoku cloud would confirm a bullish sentiment in the altcoins market.

#altseason #crypto2023 $BTC $ETH $SXP

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