Similar to TOTAL, there is still a big chance for a pump higher to the green zone area of 858.309 - 876.481B. If this happens, it could signal the beginning of an altcoin season bull run. However, it might not be that easy to pump to that level; I believe there will be one more dip to shake out retail investors and crypto enthusiasts, making them scream "crypto...
The crypto total market cap has followed the potential pump I mentioned last week. So, what's next for TOTAL? From a technical analysis perspective, as we can see, the RSI is still in the overbought area, indicating a potential retest before continuing its pump. There is a big possibility that the pump will reach the greed zone area of 2.957 - 3.024T.
#personaloutlook #marketupdate #cryptoweeklyupdate on 27/05/2024 #sekilascrypto #ETHBTC As I mentioned last week, we have successfully broken through the yellow area at 0.4883212 - 0.05036641, indicating that ETH is starting to strengthen against BTC. So, what's next for ETHBTC? Currently, it remains quite strong and bullish, but as we can see, the Stoch RSI is...