ETH/USD is currently on a bullish trajectory, trading at $2,015, after breaking out from a key ascending trendline support around $1,986. With RSI showing moderate strength (57), Ethereum may aim for the next resistance level at $2,080.
๐ Key Levels to Watch:
Resistance: $2,080 Support: $1,986 If ETH holds this bullish structure, we could see continued upward momentum toward higher targets. However, keep an eye on volume and RSI for potential overbought signals!
๐จCrypto Market Cap Excluding Top 10: Breakout Incoming?
The โOthersโ market cap (Crypto Total Market Cap Excluding Top 10) is forming a symmetrical triangle on the daily chart. With volume declining and price consolidating, a major move could be on the horizon!
๐น Key levels to watch: โข Resistance: ~$240B โข Support: ~$215B โข Breakout confirmation above $240B could trigger an altcoin rally!
๐ As Bitcoin dominance fluctuates, altcoins outside the top 10 may be gearing up for a big move. Are we about to see an altseason breakout? ๐