Market Cap Surges

The Total Market Cap has breached a crucial resistance, indicating a strong upward trend. Further gains are anticipated until it reaches the next significant supply area at approximately $1.530 trillion. Traders should anticipate a potential market breather and slight price pullback as a part of a natural correction.

12/4/20231 min read

Total Market Cap breaks key resistance, signaling a strong upward trend. Next target: $1.530 trillio
Total Market Cap breaks key resistance, signaling a strong upward trend. Next target: $1.530 trillio

The Total Market Cap has successfully broken through a key resistance level that it had struggled with multiple times, signaling a positive upward momentum.
The market is currently on a strong upward trend.
After surpassing this resistance zone, it is expected to continue rising until it reaches the next significant supply area, around the 1.530 trillion dollar mark. At this point, we might see the market take a breather, potentially leading to a slight pullback in prices as part of a natural market correction.