#AltcoinMomentum
Altcoin momentum refers to the rate at which alternative cryptocurrencies (non-Bitcoin) gain or lose value, volume, and interest within the market. Momentum is often driven by factors like technological developments, partnerships, token utility, market sentiment, and macroeconomic trends. Technical indicators such as Relative Strength Index (RSI), Moving Averages (MA), and trading volume are commonly used to assess momentum. Rapid gains or losses may indicate strong momentum, signaling potential opportunities or risks for traders. Additionally, external catalysts like regulatory news, listings on major exchanges, or social media hype can amplify momentum. Monitoring these factors helps investors capitalize on trends effectively.