Renewed Interest in Altcoins as Bitcoin Weakens
- Pressure on Altcoin Market: The Altcoin Season Index has dropped to 15, its lowest since 2025, indicating ongoing pressure on most altcoins, with only a few achieving positive returns over the past three months, resulting in widespread investor losses.
- Divergent Project Performance: Pippintokens surged over 2,300%, while privacy coins like Zcash and Dash also saw gains, reflecting a shift towards niche projects during turbulent times, despite many altcoins suffering declines of over 60%.
- Decline in Market Capitalization: The total market capitalization of all cryptocurrencies, excluding Bitcoin and Ethereum, fell from $1.19 trillion in October to $825 billion, indicating bearish sentiment, with technical indicators suggesting sustained selling pressure.
- Hope with Ethereum ETFs: Despite waning altcoin demand, renewed interest in spot Ethereum ETFs in the U.S. may inject optimism into the market narrative, especially following $20 billion in liquidations, signaling a shift in investor risk appetite.
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Technical Analysis for ALT
Technical Sentiment Analysis for Altlayer (ALT) As of , Altlayer (ALT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ALT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ALT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Altlayer (ALT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00306 | 0.00498 | 0.00691 | 0.00883 | 0.0108 | 0.0127 | 0.0146 |
| Fibonacci | 0.00498 | 0.00645 | 0.00736 | 0.00883 | 0.0103 | 0.0112 | 0.0127 |
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