TOTAL3 - Altcoin Market Cap Holds Support

Total3 is the market cap of crypto, excluding Bitcoin and Ethereum. Looking at this can give us an idea of how much interest there is in the rest of the market, outside of the two titans.

While charting assets like this can be a bit nonsensical because they are not traded, charts still tend to give us clues as to what is going on.

In this case, Total3 has clearly retested a key support multiple times with success - 453B. As long as that area holds, altcoins look generally healthy and risk on. You can see the potential if they head up to resistance levels.