Short-term FUD depresses TOTAL3 price, but now breaking downtrend; Potential pump for $DOMI, $ELU, $DIO, $FLAME if BTC ETF approved.

By | January 9, 2024

TOTAL3 Breaks Out of Downtrend Amidst Market FUD

In recent weeks, the price action of TOTAL3 has been heavily influenced by short-term overall market fear, uncertainty, and doubt (FUD). However, there is a glimmer of hope as TOTAL3 is now showing signs of breaking out of its downtrend. This positive development has also sparked optimism for other top-quality small-cap altcoins such as $DOMI, $ELU, $DIO, and $FLAME, which are gearing up for a potential massive pump if the Bitcoin (BTC) Exchange-Traded Fund (ETF) is approved in the near future.

Breaking Out of the Downtrend

The recent price suppression of TOTAL3 can be attributed to the prevailing market FUD. However, there seems to be a shift in sentiment as the cryptocurrency is now slightly breaking out of its downtrend. This upward movement has caught the attention of traders and investors, who are eagerly monitoring the market for further price action.

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Potential Pump for Small Cap Alts

Alongside TOTAL3, other top-quality small-cap altcoins including $DOMI, $ELU, $DIO, and $FLAME are also poised for potential gains. These altcoins have been consolidating and preparing for a massive pump, which could be triggered by the approval of the BTC ETF. If this significant milestone is achieved, it is expected to inject renewed enthusiasm and liquidity into the altcoin market, driving up the prices of these small-cap gems.

The Impact of BTC ETF Approval

The approval of a BTC ETF has long been anticipated by the cryptocurrency community. Such an approval would open the floodgates for institutional investors to enter the market, potentially leading to a surge in demand and subsequent price appreciation. The altcoin market, in particular, is expected to benefit greatly from this development, as investors seek greater diversification beyond the dominant Bitcoin.

Should the BTC ETF be approved soon, it could act as a catalyst for the much-anticipated pump in small-cap altcoins. Traders and investors are closely following regulatory updates and announcements, as any positive news regarding the ETF approval could ignite a buying frenzy in the market.

Conclusion

Despite the short-term overall market FUD that has suppressed the price action of TOTAL3, there is now a glimmer of hope as the cryptocurrency breaks out of its downtrend. This positive development has also raised expectations for other top-quality small-cap altcoins like $DOMI, $ELU, $DIO, and $FLAME, which are gearing up for a potential massive pump if the BTC ETF gets approved. As the market eagerly awaits regulatory decisions, traders and investors are keeping a close eye on these altcoins, anticipating a surge in prices and the opportunity to capitalize on this bullish momentum.

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Source

@DominiqueYggdr said Short term overall market fud suppressed the price action of TOTAL3. At this moment however, TOTAL3 is slightly breaking out of the downtrend. Other top quality small cap alts like $DOMI, $ELU, $DIO, $FLAME are preparing for a massive pump if the $BTC ETF gets approved soon.

   

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