Marketcap
Market cap fighting against the .702 again.Lets see if we break through here. We are fighting the resistance on top of a uptrend. I think we will fall out hard before a bounce that leads us sharply up for a nice run before monday leading into the week.
Are you ready for take-off? 🚀Breakout and retest of minor trend.
We need to break out of this "cage" to fly to the moon!
I am seeing good Future in this coin.
Let's watch it soar!
Ethereum Market Cap IdeaIdea for ETHMCAP
I expect the bull run to continue while the channel on the RSI is intact
Sitting above (1) level on the fib retracement
This is a bullish sign
The only bearish sign is the price action above (1) which is similar to the price action when the top occurred in the previous bull run
However I think the bulls will prevail, take my bias into account though
Market Cap Still Rising UpI expect the market cap continue growing..
1st Target is 1.870 and then to the top line as shown in chart will happen.
Totally this year is bullish and this volume will make a sharp pump in many cent-tokens.
KEEP CALM & AVOID FOMO
$3T Total Crypto Market Cap by April 5thSince January, a channel has been forming and the total cryptocurrency market cap seems to be bouncing from the top and bottom of the up trending channel. Hence, we could probably see a $3T total cryptocurrency market cap around April 5th since there seems to be a 43 days period between the peaks.
ADA Goguen era coming in Q2Smart contracts allows projects to transfer from Ethereum to Cardano, creating good opportunity for projects to save on the Eth gas fees.
If the Alonzo "hard-fork" works successfully, we will officially be in the Goguen era and projects will start transferring over from Eth.
This mean we could seeway more transactions on the Cardano blockchain, increasing the demand for its native coin, the ADA.
There will be a certain fear before major Alonzo "Hard fork".
ADA might retrace to sub 1$ prices after next pump.
In the years-long run, ADA will catch up on ETH and reach 200G market cap.
It might not be as quick as presented here, but it is a certainty that the Cardano team at IOG and IOHK will not stop working until they built the worlds best blockchain!
Mildly bullish on Crypto Market CapThe crypto market has rebounded over the past few days. Weekly indicators from Hybrid Intelligence should help with identifying the trend.
Here is the usual weekly question:
“The cryptocurrency Market Capitalization settled at 1545B USD at 02:00 PM UTC on Wednesday, March 3. Will the Market cap climb above 1660.9B USD (+7.5%) earlier than drop below 1429.1B USD (-7.5%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 61%
This is a mildly bullish indicator. Hybrid Intelligence believes it’s more likely the crypto market will go higher.
To check if the growth will be across both Bitcoin and the rest of the market, we’ve asked the following question:
“Bitcoin crypto market share settled at 62.22% at 02:00 PM UTC on Wednesday, March 3. Will Bitcoin's market share climb above 63.46% (+2%) earlier than drop below 60.98% (-2%)? (forecast 51-100% - bull scenario. 0-49% - bear scenario)”
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Assurance: 29%
This suggests that Hybrid Intelligence does not expect BTC dominance to rise higher. Throughout February BTC dominance stayed mostly under 63% and this resistance is unlikely to be broken now.
Together these two indicators suggest that Hybrid Intelligence is now favouring altcoins.
Possible Next move of Total Altcoin market capThere are some similarity in the behaviour of the Altcoins market cap movement in 2017 bull run and now, Howver I strongly believe that we are having 3 altseason but now we are following the same pattern different time scale as a matter of the gaining money in altcoins
Crypto Market Cap breakout, Alt-coins = LongBreakout to the upside over the weekend, sends Alt Coins flying Sunday / Monday
CRYPTO TOTAL MC EXCLUDE BTCThere is approximately US $37 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts. Money in the form of investments, derivatives exceeds $1.2 quadrillion. The value of all cryptocurrencies in circulation ($600 billion) and investment in commercial real estate ($30 trillion) also represent a small portion of the total money in the world. Bitcoin, for example, accounts for less than 1% of the world’s money.
Strong Support?4H shows a clear break away from the downward trend line.
1D and W show a strong support line.
It would be interesting to see where it goes from here!
ALTCOIN MARKET CAP Has BACK TESTED Its 2018 ATHIt looks like altcoin market cap has back tested its previous all time high. That does not mean it couldn't deep a bit further, nevertheless, we are in a massive bull run and the alt season is coming.
I am not a financial advisor, so don't buy anything that a say.
CRYPTOCAP:TOTAL2
When in doubt follow the money!Just a mental roadmap of recent !important! events in crypto (/general market) fibbed out into cycles on top of tether's marketcap.
It seems we are due a decent "cool down" period soon, as this also starts to align with other macro indicators I'm starting to get even more convinced (VIX, DXY, 10y bond yield).
Feel free to share your thoughts with me, I'm open to all meaningful dialogs!
Together we can only improve.
We are one, we are legion!
Moving Average Analysis - MCAPFrom these charts we can draw the conclusion that the chart 'OTHERS' is developing the separated three moving averages that can be seen on TOTAL.
A moving average pattern like this can last from months to years.
We can also draw the conclusion that Bitcoin is not completely connected to alt-coins and there is a disconnect between the two. Also we may see OTHERS excel above TOTAL, as it is clear that the chart is at a younger stage of development relative to the moving average structure.
Interested to see how this plays out. Remember, Diamond hands!!
Total Crypto Marketcap - Volatility [HVP]Big move incoming. The HVP is flashing extreme lows on the 4h timeframe.
