Market Update:
Over the past week, the TOTAL market capitalization has attempted to break through a tough resistance level at $2.13 trillion.
A rejection at this level may lead to a pullback, testing the next support level around $2 trillion.
Potential Scenarios:
Should the TOTAL market successfully break above $2.13 trillion, it could rise to challenge the descending resistance line formed since June, as well as the top of the range resistance at approximately $2.3 trillion.
Given that the TOTAL market is currently at resistance, it is essential to manage risk carefully, as a rejection at this level could result in further downside for many altcoins.
#CryptoMarket #TOTALMarket #ResistanceLevels #Altcoins #MarketAnalysis
Over the past week, the TOTAL market capitalization has attempted to break through a tough resistance level at $2.13 trillion.
A rejection at this level may lead to a pullback, testing the next support level around $2 trillion.
Potential Scenarios:
Should the TOTAL market successfully break above $2.13 trillion, it could rise to challenge the descending resistance line formed since June, as well as the top of the range resistance at approximately $2.3 trillion.
Given that the TOTAL market is currently at resistance, it is essential to manage risk carefully, as a rejection at this level could result in further downside for many altcoins.
#CryptoMarket #TOTALMarket #ResistanceLevels #Altcoins #MarketAnalysis
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.