Altcoin market cap graph

He added that the current support level could serve as an inflection point for altcoin prices. Privacy Center Cookie Policy. Another rejection from the weekly downtrend would increase the chance of a broader market sell-off. This may be about to change for the altcoins which are still in detox from their bubble. But market cap charts may reveal that things could be about to change.

Altcoin Google search trends

Our market overview page provides a big picture perspective on the major trends in the cryptocurrency market. We display real-time data for the total cryptocurrency market cap, trading volume, Bitcoin dominance and gainers vs. The total cryptocurrency market cap capitalization is calculated by adding together the market capitalization of all of the cryptocurrencies listed on CoinCodex. The Bitcoin dominance metric shows how much of the total cryptocurrency market cap is represented by Bitcoin. Since it is the largest cryptocurrency by market cap, Bitcoin dominance is a useful metric that shows us if confidence in more speculative altcoins is growing or falling. We calculate Bitcoin dominance by dividing the total cryptocurrency market cap altcoin market cap graph the market cap of Bitcoin.

Bitcoin Remains Range Bound

Are you looking to get involved in cryptocurrency or get started with cryptocurrency trading? This is not a trading or investment advice. Instead it will give you a deep understanding on CoinMarketCap data. This is a complete beginners guide and a quick explanation on CoinMarketCap. If you are into Cryptocurrency then you often check coins price, analyze the market capitalization and its trading volume. Whatever coin or token it is; the first thing that comes up in search results is CoinMarketCap.

RATES.NINJA

Privacy Center Cookie Policy. For the swing trader altcoin market cap graph long-term investor who does not care about intraday price fluctuations, charting the total market capitalization of all cryptocurrencies or just alternative cryptocurrencies altcoins can be an insightful way to analyze the long-term trend or bias of the broader market. If successful, the depth of the head can be added to the breakout point to set a potential target. Weekly Chart If we perform a simple technical analysis of the total capitalization of the altcoin market and connect the two major peaks ina long-term diagonal downtrend line is created. He added that the current support level could serve as an inflection point for altcoin prices. Read more about