$OTHERS are bleeding, but it will stop soon! Be prepared!
Altcoins are bleeding heavily. In my previous analysis, I identified the reversal and the initial bounce that led to the small altseason in December 2024. However, it was rejected twice, forming a double top, and now this pattern is playing out.
I understand the frustration, but things cannot keep going down forever. I’ve marked the possible resistance levels with green lines.
The MACD is still strongly bearish, but we’re nearing the end of this trend. A couple more weeks may be needed for a bullish MACD crossover.
The RSI supports this outlook, showing we’re close to the bottom.
A little more patience, and recovery will begin. From this chart, I can confidently say that accumulating now is likely to pay off when the bounce occurs.
Some coins are looking very cheap right now:
PEPE, 
INJ, 
UNI, BBONK, FFLOKI, SUI, etc.
The next mini altseason is approaching, and you could potentially see x2 or more gains by holding these coins at their current prices.
Another leg down is possible, so be prepared to buy the dip!
DYOR (Do Your Own Research).
I understand the frustration, but things cannot keep going down forever. I’ve marked the possible resistance levels with green lines.
The MACD is still strongly bearish, but we’re nearing the end of this trend. A couple more weeks may be needed for a bullish MACD crossover.
The RSI supports this outlook, showing we’re close to the bottom.
A little more patience, and recovery will begin. From this chart, I can confidently say that accumulating now is likely to pay off when the bounce occurs.
Some coins are looking very cheap right now:
PEPE, INJ, UNI, BBONK, FFLOKI, SUI, etc.The next mini altseason is approaching, and you could potentially see x2 or more gains by holding these coins at their current prices.
Another leg down is possible, so be prepared to buy the dip!
DYOR (Do Your Own Research).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.