Cryptocurrency Technical Review

Key Takeaways

  • Cryptocurrency rally looks to have temporarily stalled out after a sharp three-week rally.  Ethereum has stalled out in its relative performance vs Bitcoin, and for now, Bitcoin is an outperformer over Ethereum and should be favored. 
  • Weekly momentum remains negative and Cycle composites start to turn lower in early March into April/May, so given low retail interest and not many inflows, this could limit the larger rally continuing to all-time highs in 1H 2022.  A Spring low looks likely.
  • BTC, ETH, MATIC, SOL, LINK and XTZ analyzed along with support/resistance
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