#ALTS MARKET CAP ANALYSIS

The ALTS market cap has broken down from a descending triangle with significant volume. It is currently bouncing off the 200-day moving average, which is acting as support while testing the triangle.

A successful test would confirm a bearish trend, as the 100-day moving average (100MA) indicates bearish momentum above the price action. Conversely, a breakout above the triangle could lead to further consolidation within the pattern

#altcoins binance #altsesaon #altanalysis

Must Add these Alts For Long term Momentum

$SOL If U know U know

$ETHFI Based on Eth BlockChain

$PHB Is A Gaming AI based Narrative