Given the price action, the best way to look at altcoins is to look at Total Market Cap, excluding Bitcoin (BTC). Right now, the total crypto market cap excluding Bitcoin (BTC) has made it to its 100-day moving average.
As we see it, the most important thing for the crypto space is for coins other than Bitcoin (BTC) to take out its crucial resistance levels. Once the critical resistance levels get taken out, then picking individual altcoins will be a more straightforward process.
As we see it, the most important thing for the crypto space is for coins other than Bitcoin (BTC) to take out its crucial resistance levels. Once the critical resistance levels get taken out, then picking individual altcoins will be a more straightforward process.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.