Can Altcoins Hold Their April Lows? 📈 The Chart Report
Chart of the Day
🏆 Today's Chart of the Day was shared by Aksel Kibar.
Crypto Total Market Cap excluding BTC and ETH is managing to hold its April lows near 660 billion.
Stability here would suggest altcoins are attempting to recover within a larger trading range.
However, a breakdown below 660B would open the door to a deeper retracement in the altcoin space.
The Takeaway: Crypto excluding Bitcoin and Ethereum is holding its prior lows, but a breach of this level would likely trigger a sharper pullback.
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