TOTAL3 chart shows regular bullish divergence with RSI rising on lower lows, signaling altcoin dominance may soon rise sharply.
Javon Marks notes this is the third cycle where bullish divergence precedes altseason, reinforcing a strong historical breakout pattern.
RSI strength, reduced Bitcoin dominance, and long-term support all point to rising altcoin momentum and growing market share potential.
According to Javon Marks, altcoins excluding the top 10 are flashing a powerful bullish signal as TOTAL3 dominance forms a historic divergence pattern. Currentl, under 10%, this chart reflects the collective market share of altcoins outside the major caps.
From 2015 to early 2017, the chart formed a structure of higher lows. During this period, RSI printed rising lows as well. This alignment led to a surge in altcoin dominance. The pattern was clear, the pressure built, and altcoins exploded to new highs.
By 2021, TOTAL3 confirmed a hidden bullish divergence. Price formed higher lows while RSI dipped to new cycle lows. This setup aligned with a bullish continuation and led to a steep upward breakout. Altcoins rallied sharply, repeating the cyclical structure seen in 2017.
Regular Bullish Divergence Signals New Momentum
In the current cycle, the chart shows another key development—regular bullish divergence. Price action made equal or slightly lower lows. However, RSI formed noticeably higher lows, creating a reliable technical signal. Additionally, price sits on a long-term support trendline, which has held firm across multiple years.
Source: Javon Marks
Volume remains low during this phase, suggesting that sellers are not in control. Besides, the RSI has avoided oversold conditions since the 2022 bottom. Momentum appears to be gradually building again from the current zone.
Hence, the structural pattern remains intact. Market behavior matches previous bullish divergences that led to dominance breakouts. The arrow drawn projects an upward move from this zone.
Historical Setup Aligns with Altseason Patterns
Moreover, this is the third consecutive cycle where altcoin dominance flashes a bullish divergence setup before breaking out. Consequently, the pattern’s reliability has gained more attention. Javon Marks pointed out that altseason often begins after such formations are confirmed and sustained.
This technical alignment does not stand alone. Broader macro shifts, including reduced Bitcoin dominance and rising risk appetite, support the bullish case. As TOTAL3 nears a pivot point, altcoin traders are preparing for another potential surge in market share.
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