At 20:37 EEST, July 11, 2025, the rate of $ALT on Binance reached $0.04, showing a phenomenal growth of 36.07% in the last 24 hours. This surge reflects the excitement around AltLayer, a rollup protocol on Ethereum, fueled by the recent listing and community activity. Increased trading volume confirms the growing interest of traders.
Technically, $ALT is in a strong upward trend. On the 4-hour chart, the 50-day SMA has crossed the 200-day from below, signaling bullish momentum. However, the RSI (14) at around 78 is close to the overbought zone, indicating a risk of correction. Key resistance is located at $0.045, a break of which could open the way to $0.05. Support is observed at $0.038, with further support at $0.035. Holding above $0.04 supports the current momentum.
Forecast: in the coming days, ALT may test resistance at $0.045, with a chance to rise to $0.05 by mid-July 2025 if the hype continues. By the end of 2025, growth to $0.10–$0.15 is possible if ecosystem development and TVL growth continue. The long-term outlook for 2030 is $0.50+, assuming mass adoption and new partnerships. Risks include correction due to overbought conditions and volatility after such a jump. Nevertheless, Binance's support and the innovative niche of rollups add optimism.
Prospects? A rise of 36.07% and a price of $0.04 are close to resistance at $0.045. Buying at $0.038 with a target of $0.05 and a stop-loss at $0.035 may be justified. ALT stands out due to its role in scaling Ethereum and being listed on Binance, attracting investors. Community activity highlights the speculative potential.
💬 Share your forecasts for $ALT below! Do you expect a correction? Subscribe to not miss important updates! #ALT #Binance #CryptoAnalysis
