Crypto Market Update: Minor Increase Expected After Further Downside2

On yesterday’s open the evaluation of the cryptocurrency market cap was at $121,9B. From there it fell to $120,949B at its lowest point yesterday but since went on for another increase as it came up to $123B at today’s open.

Zooming out further on the global chart you can see that the evaluation has interacted with the horizontal support level at around $120B which was recently broken but the evaluation quickly went above it again and was retesting its support since. The evaluation has found resistance at the symmetrical triangle’s resistance line so it started bouncing inside the upper midrange of the triangle.

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