1 hour ago
Altcoin Market Cap Tests Support Amid Weak Breadth
TLDR Daan Crypto Trades identified a retest of the daily 200-day moving average. The analyst also highlighted the 61.8% Fibonacci retracement as a potential support level. A long-standing horizontal resistance zone remains important for any sustained recovery. Bitcoin dominance stood near 59.8% on CoinMarketCap’s November 6 dashboard. The Altcoin Season Index remained around 45, below [...]
The post Altcoin Market Cap Tests Support Amid Weak Breadth appeared first on Blockonomi.
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