#ALTS MARKET CAP ANALYSIS

ALTS market cap pumped with a decent volume from the horizontal support and breaking out the descending trendline. MACD crossover is gaining bullish momentum.

A candle close above the descending trendline would be the confirmation of a bullish rally in Alts. However, it is important to be prepared for the possibility of a failed retest, which could lead to a reevaluation of the horizontal support level.