Altcoins Exhibit 2020 Rally Indicators As Breakout Occurs
Altcoins are showing technical signs reminiscent of 2020, marked by a breakout from a multi-year wedge and a potential MACD crossover, catching the attention of crypto markets. Analyst Mark Chadwick emphasized these indicators, noting that altcoins have broken above a falling wedge pattern that has been forming since 2021, usually seen as a reversal sign. Additionally, the MACD indicator is nearing a bullish crossover, similar to the 202...