Altcoin marketcap is currently trading inside the channel and it's been inside the channel since 2024 with market cap reaching the peak in first quarter of 2024
Currently the marketcap is around the resistance line and expected to break out from the resistance zone.
we can expect a clear bullish confirmation after the price breaks the 750B barrier.
By the end of 2024 i'm expecting the altcoin marketcap to reach 1T
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Cheers GreenCrypto
Note
Instead of breakout, it got rejected in the resistance line
Note
Price is currently at the support zone, a strong bounce back is required to for a alt season
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