Rekt

<ul class="news-points"> 
 <li>Analyst Rekt Capital revealed in an X post that the altcoin market is retesting historic levels.</li> 
 <li>According to the post, these levels have preceded fantastic growth in the altcoin market.</li> 
 <li>X user Will shared that the amount of stablecoins in circulation has risen 3.5% in the past 90 days.</li> 
</ul> 
The analyst and trader Rekt Capital revealed in an X post yesterday that the altcoin market is continuously retesting historic levels. According to the post, the levels that the <a href="https://coinedition.com/tag/altcoin-alt-news">altcoin market</a> has retested over the last few weeks have historically “preceded fantastic growth” in the altcoin market. 
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 <a href="https://twitter.com/search?q=%24ALTS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ALTS</a> Altcoin Market Cap continues to perform historic retests First the green circled retest a few weeks ago And now this yellow circle retest this week Historically, both of these retests preceded fantastic growth in the Altcoin Market<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> <a href="https://t.co/uI6G6Issxl" target="_blank" rel="nofollow">pic.twitter.com/uI6G6Issxl</a>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1736082259869131168?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 16, 2023</a>
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A potential altcoin market breakout may be on cards as the amount of stablecoins in circulation has risen 3.5% over the last 90 days. In an X post published yesterday, the X account, Will, highlighted the uptick in stablecoin circulation. This was afte…
The post <a href="https://coinedition.com/altcoin-market-could-break-out-soon-as-stablecoin-supply-rises/">Altcoin Market Could Break Out Soon as Stablecoin Supply Rises</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Altcoin Market Could Break Out Soon as Stablecoin Supply Rises

Coin Edition

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