ALTCOINS MAY BE ENTERING ANOTHER BIG ACCUMULATION ZONE.
The total altcoin market cap has been falling for 6 straight weeks and is now testing major support at the weekly 200 MA near $209 BILLION.
Many altcoins that pumped hard in Q3 have already given back most of their gains.
But this is where things get interesting.
For those who missed the first rally, this could be another chance to start watching for long-term accumulation.
With the US midterm elections happening today, expect more volatility and possibly another wave of panic this week.
But remember, some of the best opportunities appear when fear is at its highest.
If $209B fails, the next major support levels are $190B and $160B.
The total altcoin market cap has been falling for 6 straight weeks and is now testing major support at the weekly 200 MA near $209 BILLION.
Many altcoins that pumped hard in Q3 have already given back most of their gains.
But this is where things get interesting.
For those who missed the first rally, this could be another chance to start watching for long-term accumulation.
With the US midterm elections happening today, expect more volatility and possibly another wave of panic this week.
But remember, some of the best opportunities appear when fear is at its highest.
If $209B fails, the next major support levels are $190B and $160B.
