#ALTS MARKET CAP ANALYSIS
The ALTS market cap has successfully broken out of the falling wedge pattern and completed a successful retest. It is now trading above the 200MA, which is providing solid support, while the 50MA is acting as a resistance barrier.
A breakout above the 50MA could ignite a bullish rally across the altcoin market. Keep an eye on this key level for potential upside momentum.
