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Altcoin Market Cap Hit Resistance

Written By: ChartChamp

September 20, 2024

The Altcoin market cap has been trading within this downward channel since March 2024. The Altcoin market has reached the upper range of this channel and there is likely to be a pullback here. As I’ve mentioned in previous posts Altcoins tend to close neutral in Sept, I’m expecting to see a pullback and neutral close by the end of the month. Whenever the Altcoin market does form a bullish breakout there is a lot of upside potential for small cap Altcoins.

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