Aug 07, 2025
Altcoins Test Crucial Support as Market Eyes Recovery
TLDR: The altcoins market cap is retesting the $923B support zone after months of correction and sideways action. A confirmed break below $788B could flip sentiment bearish and trigger wider altcoin sell pressure. Ethereum’s recent rally is reviving altcoin momentum, but resistance above $1.09T still caps upside. Inverse head and shoulders pattern on TOTAL3 suggests [...]
The post Altcoins Test Crucial Support as Market Eyes Recovery appeared first on Blockonomi.
Source: Blockonomi →Related News
- 38 minutes ago
Coinbase CLO Grewal Challenges SEC After Key Gensler Communications Vanish
- 1 hour ago
Kraken Co-CEO And Barry Silbert Warn Of Crypto Bubble; 99% Tokens Could Tank
- 1 hour ago
Bitlayer Adopts Chainlink CCIP to Power BTC DeFi Across Chains
- 2 hours ago
South Korea Opens Venture Funding to Crypto Firms, Ending 7-Year Ban
- 3 hours ago
Multicoin Moves $680M on-Chain to Boost Solana Price Momentum: SOL Eyes $261