Altcoin market is faced with turbulence because important support levels send signals

Altcoin market is faced with turbulence because important support levels send signals


Stormy activities could occur on the Altcoin market, with technical patterns indicate a possible shift in the dynamics.

According to the recent observations of the cryptomark, indicators that are related to the dominance of old coins have fallen to a level that is historically ahead of significant market movements. Analysts assume that this could mark the beginning of a phase of high volatility in which several old coins Bitcoin could in the coming months – regardless of the further development of BTC.

Although the term “AltSeason” is often used carelessly, the current conditions have a striking similarity to moments that previously triggered large altcoin rally. Two core indicators have particularly attracted the attention of the analysts.

The first is the old coin dominance (without stable coins), which has again reached the 25%brand-a level that served as a springboard in earlier cycles for a broader recovery of the old coins. This key figure measures the market share of old coins (without stable coins) compared to the entire cryptom market. Every time it approached this basis, old coins tend to increase a strong increase.

The second key indicator filters out both stable coins and Ethereum and focuses exclusively on assets with a lower market capitalization. This value is approaching the 18%zone-another historical turning point where the momentum has typically developed in favor of old coins and signals their potential to surpass Bitcoin.

Analysts warn, however, that these technical levels announced large rising rises in the past, but would not be a guarantee of an outbreak. Rather, they signal that the market conditions for sudden, strong movements are ripe.

In view of the increasing market volatility and mood swings, dealers and investors are recommended to remain vigilant. If the story rhymes, old coins could prepare their next big run.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.


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