Altcoins have the longest depression streak since 2022
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Cryptopolitan - are covering this story. TL;DR Altcoins remain under heavy pressure as more than 84% of the market trades below the 200-day moving average, according to CryptoQuant data. Analysts say the sector has entered its longest weak phase since the 2022 bear market, while B…
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Altcoins Face Longest Downtrend Since 2022, CryptoQuant Warns
TL;DR Altcoins remain under heavy pressure as more than 84% of the market trades below the 200-day moving average, according to CryptoQuant data. Analysts say the sector has entered its longest weak phase since the 2022 bear market, while B…
Altcoins have the longest depression streak since 2022
Altcoins are trading in one of the longest underperformance periods since 2020, similar to the 2022 bear market. 84% of altcoins are trading below their 200-day moving average.