Analysis of Tether dominance and Cryptocurrency market
Analysis of Tether dominance and digital currency market
Dominance Tether started its upward trend and growth with a slope of 22 degrees and has grown nearly 23% since 47 days ago, and now it is moving from the bottom of its ascending channel to the resistance of the midline of the ascending channel.
This 3.5% movement can lead to the fall of digital currencies (at least 34%).
If the midline resistance is broken, growth up to 4.5% to 9% can be considered (and at least the same amount of decline in the Cryptocurrency market).
Dominance Tether started its upward trend and growth with a slope of 22 degrees and has grown nearly 23% since 47 days ago, and now it is moving from the bottom of its ascending channel to the resistance of the midline of the ascending channel.
This 3.5% movement can lead to the fall of digital currencies (at least 34%).
If the midline resistance is broken, growth up to 4.5% to 9% can be considered (and at least the same amount of decline in the Cryptocurrency market).