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!
עסקה פעילה
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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.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
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.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.