Weekly Cryptocurrency Market Analysis: Altcoins Pause above Current Support, Battle the Next Resistance Levels

Cryptocurrencies are taking an upward correction as altcoins break out above the 21-day line SMA. Since May 31, cryptocurrencies have failed to break above the 50-day line SMA, hence the current fluctuations. This week, cryptocurrencies will develop a trend if the moving average lines are broken.

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