AltsCap

AltsCap is exhibiting a rather straightforward and bullish trend on the weekly scenario. It recently executed a flawless breakout from the trendline and is presently retesting it on the weekly timeframe. Simultaneously, it is holding the demand zone level on the daily timeframe. There's no reason to be bearish at this point. As long as it maintains the 500B zone, there's no cause for concern.

However, if it loses this zone and the momentum for the bull run diminishes, then the altcoins would experience significant distress, and the bull run would likely come to an end. Nevertheless, as long as it holds the zone, we remain optimistic about altcoins, and there's a possibility that AltsCap could reach 780B in the upcoming weeks if the retest proves successful.

Stay Strong !!!