Over the last few days the cryptocurrency market has reached a critical leevel, the 0.702 Fibonacci Retracement level for the Total Altcoin Market Cap.
This is the key level that must break for us to remain optimistic about this bullish cycle for the market. The Ripple XRP chart has nearly reached the 200-day moving average, the Altcoin market has pressed right under $92 Billion, the total market cap for crypto has hit $271 Billion. All these prices are right under major resistance. We need to break higher in order to start getting excited!
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