Total2 touches the resistance line

14 באפר׳ 2021

In the recent weeks, we saw nice moves from altcoins especially TRX, XRP, and DOGE that gave great profits in short periods of time. Yet it seems like TOTAL2 has touched its resistance line. I personally expect some correction in the market. The first scenario is to return back to the midline of the channel and continue to grow afterward. The second scenario is to fall until the bottom of the ascending channel. Simple moving averages can play important role in both scenarios.