As the bear market is over, we can say a few things for the price movement of altcoins.
A descending triangle has been formed, as the price already breakout this triangle. Also, a parallel uptrend channel has been formed since the beginning of June 2022.
A first resistance area occurred from the extension of the first Fibonacci retracement.
A second main resistance area is a result of the extension of a second Fibonacci retracement.
A forecast indicator shows a possible price movement for the next months.