The chart for the Crypto Total Market Cap Exclude BTC (TOTAL2) is showing extreme bullishness.
We have been enjoying a bullish altcoins market for a while now, all altcoins minor the top10, and this chart only confirms what we have been enjoying... This is only the beginning, so much more to come.
Altcoins BULL Market | TOTAL2
Here we have a clear and strong break above EMA10.
EMA50 challenged now with good momentum and volume building up.
Very strong RSI with additional room for growth.
The MACD gaining momentum towards the upside.
We also have MA200 which we have been looking at lately and the same thinking applies here as with other pairs and timeframes, prices tend to gravitate towards this line, so we can see that TOTAL2 is aiming for MA200, that's 75.88 B in Market Cap. for the alts, right now it is sitting at 61.20 B (24%+).
Will the altcoins market grow even more?
You can bet on it, this wave that is coming will delete the last one in comparison because of how big and strong it will go...
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Bitcoin is also bullish, see it below: BTC Weekly- EMA10/50 Bearish Cross- Long-Term Target At $48,0000