We are retesting this gray area of the chart that I posted, as expected, we have already shown strength here in #altcoin e and in the coming hours we should see an improvement in the charts if we maintain this current closing.

Analysis #ALTCOIN 04/23/2025

Another chart that has aged very well. We’ve had a good advance since the last time I updated this.

The red zone around $948B gave us good support and made us bounce here to this region that was previously acting as support, and I hope it starts doing that again.

It’s natural to notice that we already have some Altcoins that have started to break their immediate resistances, which makes us think that soon the others will do the same, of course, some faster and more profitable than others, following their particularities, but overall I hope all of them start doing the same.

We are resuming the upward trend here in TOTAL2, it would be interesting to have a bit more time in this gray zone that I added today on the chart, some accumulation here would really be good and any prolonged support above $1T would demonstrate strength and take us to the green zone just above.

The Altcoins ignored the Economic data today, but they certainly will not ignore tomorrow's data, so tomorrow will be the moment where we must demonstrate strength if we don't have good data.

I think the gray zone I added near the current price is the new support, we will find out soon.

If we are looking at this chart along with the Dominance of USDT and BTC, it is impossible not to be optimistic about Altcoins, and it’s not just about tomorrow, it’s about the upcoming days, weeks, and months.

We don’t need BTC to go to $100K, we just need it to consolidate above $90K and then $95K, that will be enough for us to have a formidable performance here.

I REPEAT:
Altcoins are ready for a broader recovery, and it seems to me that everything is aligning for that, make sure you are in good Altcoins RWA, AI, DEPIN.

I remain extremely OPTIMISTIC about Altcoins!