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If you're trading altcoins, you have to keep an eye on this data: OTHERS!
About 1 month ago, I talked about the importance of OTHERS data.
For newcomers, OTHERS is a data that calculates the market value of all but the top 10 coins in crypto.
So why OTHERS?
I seem to hear you say Total2, Total3 and why OTHERS. Because the other two data include stable tokens (USDT, USDC). It's healthier to study without them.
Technical Data
When we look at the technical data, Fibonacci 0.5 is vital! As long as we stay above here, altcoins will continue to rise.
Here are the supports and resistances we will be following:
Support: 260B
Resistance 1: 304B
Resistance 2: 367B
Resistance 3: 446B
I will update this data every month, stay tuned.
#OTHERS # Altcoin