Altcoins at a Bullish Crossroads With Triple Bottom and EMA Confluence

Altcoin market forms triple bottom at $175B with momentum shift now underway.

EMAs and trendlines align with the wedge breakout, confirming bullish continuation.

$800B altseason projection gains traction as TOTAL3 doubles from 2023 low.

The altcoin market approaches a key technical breakout as structural support holds and momentum begins shifting upward. Two analysts are tracking the TOTAL3 report alignment between historical support and bullish continuation signals.

Triple Bottom Structure Builds Technical Foundation

Current altcoin market capitalization finds repeated support near the $175 billion level, forming a triple bottom. This level has been tested three times across two years, with each touch producing a rebound. Momentum indicators also aligned during each of these support retests.

Merlijn The Trader provided recent analysis in a timespan labeled “Triple Bottom Altcoins” using weekly TOTAL3 data. According to Merlijn, the market cap bounced off $175 billion in three similar troughs, each with recovery signs. His chart excludes the top 10 assets, isolating altcoin trends across cycles.

Source: Merlijn The Trader

Each rebound pushed higher, first to $315 billion, then to $450 billion on the second rally. Current price behavior again shows a hold at support, with early strength returning. He points to stochastic RSI, which shows consistent upward crossovers at these bottoms.

The oscillator chart below includes green circles marking bullish reversals aligned with market troughs. He stated that previous bullish crossovers from this point have led to strong market rallies. Another crossover has started, indicating renewed buying strength across the altcoin sector.

A projected path shows a potential breakout toward $800 billion, continuing the historical bounce pattern. No breaks below key support have occurred, which reinforces the setup’s reliability. His view centers on repeating behavior across multiple years and indicators.

EMA Support and Wedge Breakout Strengthen Setup

Alex Clay presented a comparative analysis using EMA trends and wedge formations on the TOTAL3 index. His view spans from early 2023 through 2025 and excludes Bitcoin and Ethereum. He focused on how rising trendlines and moving averages support the current setup.

According to Alex, the 50 EMA and 100 EMA held as dynamic support through major corrections. Besides that, a falling wedge pattern broke upward near these lines, confirming alignment with the broader bullish structure. Red wedge lines highlight convergence near these zones.

Source: Alex Clay

He also noted dotted ascending trendlines showing rising lows since late 2023, adding structural consistency. Price rebounded twice from those levels before breaking the second wedge. Market cap now stands at $800 billion, doubling from the $400 billion mid-2023 low.

A green projection labeled “ALTSEASON” appears, continuing into early 2026 as valuations climb. Alex connects this move to past breakouts supported by wedge resolution and EMA strength. The next resistance target is set at $530 billion as activity consolidates above key support levels.

The post Altcoins at a Bullish Crossroads With Triple Bottom and EMA Confluence appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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GateUser-549dbb1bvip
· 3h ago
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