Technical Analysis

ALTcoins Have Still Space For More GainsJan 22, 2025

Hello Crypto traders!

Crypto market remains nicely bullish as expected and if we take a look at OTHERS Crypto market cap chart, which excludes top 10 cryptocurrencies, it’s looking for a bullish break into a 5th wave out of wave (4) bullish triangle pattern that can send the price into all-time highs and 500B area. Bullish confirmation is above upper triangle line and 400B area.

ALTcoins Have Still Space For More Gains OTHERS Daily Chart
OTHERS Daily Chart

So, with current risk-on sentiment and while stocks have space for more upside, still watch out for more gains in the Crypto market once current consolidation fully unfolds, especially if we consider USDollar weakness.

ALTcoins Have Still Space For More Gains

Notice that back in 2021 BTC topped first, ETH and OTHERS ALTs (excluding top 10) put in a high a month later. Can this repeat with a nice triangle on OTHERS chart?

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