Nov 19 2022

Weekly Cryptocurrency Market Analysis: Altcoins Risk Decline as They Challenge Overhead Resistance Levels

in blog CoinIdol
original entryWeekly Cryptocurrency Market Analysis: Altcoins Risk Decline as They Challenge Overhead Resistance Levels

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As altcoins enter bullish trend zones, cryptocurrencies are making a comeback. However, once the market enters the overbought zone, it is unlikely that prices will continue to rise. If the overbought region rejects cryptocurrencies, selling pressure could return.

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