Crypto Total Market Cap (Excl. Top 10)
Price still moving inside a long-term descending wedge on the weekly timeframe.
Currently sitting near major lower trendline support (~7.3%) — key reaction zone.
Momentum remains weak, but downside looks limited while support holds.
A solid bounce from this zone → could start a relief rally toward 9–12% dominance (altcoins outside top 10 gain strength).
Breakdown below wedge support → continuation of weak altcoin participation.
Overall: At critical support — bounce zone, not breakout yet.
Price still moving inside a long-term descending wedge on the weekly timeframe.
Currently sitting near major lower trendline support (~7.3%) — key reaction zone.
Momentum remains weak, but downside looks limited while support holds.
A solid bounce from this zone → could start a relief rally toward 9–12% dominance (altcoins outside top 10 gain strength).
Breakdown below wedge support → continuation of weak altcoin participation.
Overall: At critical support — bounce zone, not breakout yet.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.