According to the RSI the total 3 market that excludes BTC and ETH seems to has bottomed above it's rising trend line and is showing a hidden bullish divergence.
Does this mean a massive altcoin season is coming ? Possibly. I'll explain why. This market cap includes stable coins . So it includes stable coin growth as well.
I think it needs to be followed and see where it progresses before we can make a proper assessment of it.
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The crypto 3 is now fighting to gain this uptrend line. A break and close above this line should be very bullish for the next handful of months. (6 months)
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This trade is very active and is repeating the 2019 -2020 bear market pattern. Press play and take a took at it!! The next move is the spring explosion up wards!!
This will likely take a few months to play out so site tight and get ready.
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