Members Breakdown - 01 July 2021

BTC

Bitcoin remains in this extremely boring range. We Can't wait for the breakout to happen, either way literally, just give us volatility back.

ETH

The first example of a breakout and retest of support. ETH has broken through $2,150 and is now in retest mode. For as long as that remains valid, $2,500 will come next.

DOT

DOT at support (i.e., $15), but we're noticing that alts are having small advances at the moment, which is suggesting once more that the recovery would be led by BTC, ETH, and surprisingly SOL.

SNX

SNX is not one of the assets that have broken out and is retesting support. SNX's price is still stuck in the same [$5.50-$7.50] range.

RUNE

RUNE saw a clean retest of $5.75 yesterday and has been resting at support for 4 days after the breakout. As long as that remains the case, $8.85 is next on the cards.

SOL

SOL's price is holding very and surprisingly well. $36 resistance retested yesterday. Right now, SOL is at resistance, and until $36 is reclaimed on the daily timeframe, we cannot assume bullish continuation.

SRM

A reclaim of $3.79 on the daily timeframe is all that matters for Serum's price.

FTT

FTT is another altcoin retesting support post-breakout, which is currently communicating an upcoming move towards $35. Of course, that would be invalidated if the price loses $25 on the daily timeframe, but we cannot make assumptions, and as of now price is at support.

Total CRYPTO Market Cap

After the reclaim of $1.35T, the price has come back to retest it as support. The reason we're bringing that up today is because you'll below. Most altcoins are back-testing a support post-breakout.

Disclaimer: NOT FINANCIAL NOR INVESTMENT ADVICE. Only you are responsible for any capital-related decisions you make and only you are accountable for the results.