ALTS Market Cap Chart Analysis

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The ALTS market cap has broken out of a descending broadening wedge, triggering a strong bullish rally. However, it is facing resistance at a key horizontal supply zone.

The Ichimoku Cloud shows strong bullish momentum, indicating the possibility of a continued upward move. A decisive breakout above this resistance level could trigger a significant rally, further strengthening the upward trajectory of the ALTS market.

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