Altcoins show bullish divergence with rising momentum, hinting at a potential breakout above $1.0469T in TOTAL3 market cap.
Bitcoin dominance has fallen below 50% as altcoins regain market share, signaling a possible shift in market leadership.
Growing volume, MACD strength, and favorable regulations support a continued altcoin rally toward the $1.8017T resistance level.
As market conditions change in their favor, altcoins are displaying strong continuation indications, according to Javon Marks. There has been a positive divergence in the TOTAL3 market cap. In this configuration, lower MACD lows are combined with greater price lows. Thus, this pattern indicates that altcoins are becoming more strong. Possible catalysts for a altcoin expansion include a breakout above the $1.0469 trillion level. As a result, a prolonged movement can force values to approach the next resistance level, which is close to $1.8017 trillion.
Bitcoin Dominance Trends Signal Altcoin Momentum
From 2022 until late 2024, there were swings in Bitcoin's supremacy. Early in 2022, dominance ranged from 40 to 45 percent. By mid-2022, however, altcoins had gained traction and reduced dominance to 38%. An increase in investor trust in non-Bitcoin assets was indicated by this change.
Source: Javon Marks
The narrative flipped dramatically in 2023. Bitcoin dominance soared, surpassing 50% as macro conditions turned favorable. By March 2024, it peaked at 57%, reflecting strong institutional demand and market preference. This surge marked a reversal from 2022’s altcoin-friendly landscape.
However, that peak was short-lived. Altcoins began reclaiming market share in Q2 2024. Bitcoin dominance slipped under 50% by mid-year. Since then, it has fluctuated between 45–50%, indicating rising interest in alternative cryptocurrencies.
Altcoin Recovery Gains Strength
Besides the dominance reversal, technical momentum is shifting. The MACD’s behavior suggests a potential launchpad for altcoin rallies. Volume also supports this trend, as inflows increase across altcoin markets. Moreover, the current pattern of higher lows builds a solid foundation for growth.
Institutional interest and favorable regulation continue to support this sentiment. Additionally, the TOTAL3 chart’s confirmation of continuation patterns strengthens the case for broader market recovery. Hence, analysts expect renewed expansion across top altcoin sectors.
Regulatory clarity and technological developments also play a key role. Consequently, traders closely monitor dominance charts and volume spikes. Any decisive break above $1.0469 trillion in TOTAL3 could ignite strong upward momentum.
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