It's high time to make the header optional.Maybe there's a good chance.
OK, LaRSI on the monthly chart shows that the share of alts could rise significantly.
But there is a bullish correlation with bullish sentiment in the stock market.
However, the candle has gone below the 100 SMMA for the first time.
But at the same time a bullish mome
Key data points
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About Crypto Total Market Cap Excluding Top 10 Dominance, %
Bitcoin and other crypto bosses account for a huge part of the crypto market, but the universe of digital currencies is wide enough to have a room for other coins too. Ever thought what the crypto market would look if we took out the market cap of, say, top 10 coins? It would be a totally different picture. Then we could calculate the ratio of what is left of the crypto market to the overall crypto market cap. And that's exactly what we did and what you can see on the chart — it represents the dominance of other coins on the market, and it's more than you might think. Surely, altcoins have their ups and downs, but the way they relate to the global crypto market reminds us there's plenty of other fish in the ocean.
Very similar to January 2016You are looking at the Crypto Total Market Cap Excluding the Top 10 cryptocurrencies (OTHERS.D) on a weekly timeframe. This chart is often used as an "Altcoin Index" to gauge the strength of the broader cryptocurrency market beyond the major players like Bitcoin and Ethereum.
Here's my observation
Do you believe in miracles?Others dominance is crazily undervalued way beyond anyone's imagination, it's been a crazy 4 year bear market for alts. Big question is, when will it end. Can't fathom this industry getting killed by exchanges, just look at others.d go man, crazy low.
If this were the equivalent to 2019/2020 and 20
#OTHERS.D ~ Do you believe in Castles in the SKY?I believe that the Others dominance metric divided by an ounce of real money #Gold gives us a valuable insight into the fabled altseasons.
Because as this chart shows theres only been 4 in actuality
and you normal get a double bubble in a cycle.
So I believe we are at the cusp of turning things a
ALTCOINS: Market bottomed and about to surge.The Altcoin market is almost oversold on its 1W technical outlook (RSI = 30.160, MACD = -0.160, ADX = 18.210) but this very same 1W RSI pattern has emerged numerous times before an altcoin market surge (Altseason). How high it can go depends on whether the Fed will cut on its next meeting or not. Ne
Altcoin dominance, excluding the top 10Altcoin dominance, excluding the top 10, indicates we're nearing a potential reversal area. However, it's unclear whether the reversal will occur at the OB or the deviated low. Therefore, it might be better to start accumulating altcoins from the OB to the range low keeping a stop-loss in mind in
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.