Cryptocurrencymarketcap
Total Cryptocurrency Market Cap Update 13/12/21: Road to $6T In regards to the Total Market Cap for the whole cryptocurrency market, since the 3rd Dec crash the total market cap dropped by 27% from $2.604 Trillion to $1.891 Trillion, revisiting previous levels experienced during the May crash and September. Over the past 10 day the total market cap has recovered +9% from -27% to -18% since the 3rd December. I believe we may retest the 200sma again just above the 61.80% before retesting the 78.60% fibs @ $2.43 Trillion and then the ATH @ $3.738 Trillion which we can expect during Phase 2 of this super cycle. Please see previous analysis below. happy trading :)
20/10/21: The road to $6T Crypto Market Cap 2022 forecast; On the 27th July we got further confirmation from the swing call script. We expect this move up to new ATHs to happen in 2 main push phases, the first a break above the 127.20% Fibs towards the 161.80% Fibs @ $3.985T. We can expect to reach the first target by eoy 2021/start of 2022. This may not be a as straight forward push as 2 push phases but several impulsive push phases with periods of accumulation and distribution maintaining bullish sentiment.
Zilliqa $ZILUSDT PT .23 and higherZilliqa Price Prediction: ZIL aims for $0.26 as the odds flip in favor of the bulls
Zilliqa price is contained inside an ascending broadening wedge pattern on the 4-hour chart.
The digital asset intends to establish a higher low and confirm an uptrend.
ZIL must stay above a crucial support level to see a potential 27% upswing.
Zilliqa price established a downtrend in the past four days but is close to a recovery. The digital asset is trading at $0.204 at the time of writing, above a crucial support level and is aiming for a significant breakout toward all-time highs.
Zilliqa price must conquer this level to see all-time highs
On the 4-hour chart, Zilliqa has established an ascending broadening pattern which can be drawn connecting the higher highs and lower highs with two different trendlines. As the name suggests, this pattern gets broader as time goes by.
TOTAL $CRYPTO MARKET CAP - SIMILARITIES TO 2018?What we can see unfolding is currently a 3 week retracement from the total crypto market cap ATH. The yellow line is previous ATH from 2018 and it may be a case of us retesting prior resistance. However, right now it looks eerily similar to the end of the 2016-2018 bull market and the beginning of the 2018-2020 bear market. Hopefully, this will just be a retest- we were massively oversold on the RSI and in 2016/2017 we were oversold 5 times during the bull market, this time round we have only gone into oversold levels twice. So in that respect you could argue that we can still expect the bull run to continue throughout the year. However, if we fail to hold the yellow support line and continue to bleed at the current rate- I'd be worried that the party is starting to end.