Coin Edition -
- An analyst predicted that the altcoin market could be preparing for a “storm.”
- The altcoin market was valued at around $685.2 billion at press time after it was able to establish a 24-hour high of $700.08 billion.
- If the altcoin market can close today’s daily candle above $684.566 billion, it may begin to climb to the closest resistance level at $747.988 billion.
The cryptocurrency trader and analyst who goes by the name of Moustache shared in an X post on December 5 that he believes “altcoins are preparing for a storm.” Although there might be a few dips in the altcoin market, the analyst urges traders to use them as buying opportunities.
#Altcoins The blue line in the Altcoin-chart has already broken through the zero line in the MACD.You can see what we can most likely expect in the coming weeks in the left-hand chart of $BTC.Altcoins are preparing for a storm.