$TOTAL MARKET CAP UPDATE VIP
After the breakout retest of the downward trend-line, the total market cap had a significant increase, and it is currently rejecting EMA 89 and the S/R level resistance.
If the market continues to reject from here, a correction is expected to retest the lower-defined horizontal support. A breakout retest above the S/R level is a definite indication of an upward trend in the market.
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