As of March 14, 2025, the TOTAL 3 index, tracking the combined market capitalization of altcoins excluding Bitcoin and Ethereum, is following a well-defined ascending trend. Recently, the market cap dipped to $717 billion, where it found strong support at the lower boundary of an ascending channel—a trend line stretching back to October 2023. This support level aligns with the recovery from a sharp spike in early 2024, reinforcing its role as a key structural floor over the past 17 months.
After bouncing off $717 billion, TOTAL 3 has risen to approximately $750 billion, where it now appears to be consolidating. This stabilization phase, likely lasting a few months, reflects a period of accumulation as altcoins gather strength along the lower trend line. However, the upper boundary of this ascending channel suggests significant upside potential. If the bullish trend persists, TOTAL 3 could target the top of the pattern, reaching a market cap of $1.3 trillion. This projection is based on the channel’s historical slope and amplitude, which has guided altcoin growth since late 2023.
A move to $1.3 trillion—nearly doubling from current levels—could be triggered by a combination of seasonal momentum, broader crypto market catalysts, or renewed retail and institutional interest in altcoins. For now, the $750 billion consolidation serves as a critical base, with the trend line providing a springboard for the next spike later in 2025.
After bouncing off $717 billion, TOTAL 3 has risen to approximately $750 billion, where it now appears to be consolidating. This stabilization phase, likely lasting a few months, reflects a period of accumulation as altcoins gather strength along the lower trend line. However, the upper boundary of this ascending channel suggests significant upside potential. If the bullish trend persists, TOTAL 3 could target the top of the pattern, reaching a market cap of $1.3 trillion. This projection is based on the channel’s historical slope and amplitude, which has guided altcoin growth since late 2023.
A move to $1.3 trillion—nearly doubling from current levels—could be triggered by a combination of seasonal momentum, broader crypto market catalysts, or renewed retail and institutional interest in altcoins. For now, the $750 billion consolidation serves as a critical base, with the trend line providing a springboard for the next spike later in 2025.
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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.