#CryptoRally
TOTAL3 - Excluding BTC and ETH
After what happened on October 10 and the state of alternative cryptocurrencies went from bad to worse
🔽 A continuous downtrend on the daily chart so far, staying below the ema200 which is 945B
🟣 We see that a downtrend is forming with the first barrier at 865B
⭕ Some positivity could be near if the current levels hold and a breakout above 865B occurs, leading to a re-test of the ema200 at 945B and then a re-evaluation
⭕ The potential negative path could see additional pressure bringing this market cap down to 725B, meaning we will see some cryptocurrencies at levels close to where they were during the drop on October 10
BTC
89,020
+0.68%
ETH
3,029.63
+1.63%