Cryptos are coming

The fact that crypto-currencies are currently possibly waking from their slumber can be illustrated by the chart analysis of the total market capitalization. On the one hand, a breakout of the long-term triangle formation could be observed on the basis of total market capitalization, and on the other hand, the overriding 61.80% Fibonacci retracement at USD 298.68 billion was breached today for the second time this year. Defending the mark argues for a continuation of the rally and for further strong upward momentum in the coming days.