This week has brought in a ton of volatility, we managed to see the TOTAL crypto market cap drop from around $360 Billion to a low of $260 Billion in less than a week. Many altcoins have taken hits, some have managed to hold their values.
Today I’ll be going over what I think could happen to the whole cryptomarket if we don’t hold our current structure as well as analyzing Cardano and Ethereum.
We’re at a critical point in the chart and the next couple of weeks will be quite interesting. If we manage to hold the trendline we could possibly have alt season. However if we break it, we could possibly continue to see more capitulation.
Ethereum has taken a massive hit in price, I am invested in Ethereum and also actively trading it. In this video I go over how I reacted to the recent drop in price as well as where I think we could be headed in the near future.
My Blog: https://mycryptojournal.blog/
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Disclaimer: This is not financial advise, view my content as entertainment
#ADA #Bitcoin #crypto
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