Has
OTHERS Finally Bottomed? Is It Time for Altcoins to Recover?
OTHERS has been struggling with a bearish double top and a negative divergence, leading to a massive sell-off. The altcoin index (excluding the top 10 cryptos) lost half of its market cap, bottoming out at $255B—a critical support level.
Breaking below this support would be a disastrous scenario. However, signs of recovery are emerging:
✅ RSI is at the bottom, indicating a potential rebound.
✅ MACD (daily) has made a bullish crossover, hinting at momentum shift.
These signals suggest the bleeding might be over, and capital could soon flow back into riskier altcoin assets.
DYOR!
Breaking below this support would be a disastrous scenario. However, signs of recovery are emerging:
✅ RSI is at the bottom, indicating a potential rebound.
✅ MACD (daily) has made a bullish crossover, hinting at momentum shift.
These signals suggest the bleeding might be over, and capital could soon flow back into riskier altcoin assets.
DYOR!
액티브 트레이드
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Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
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Telegram: t.me/metaisland_gg
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.