Altcoins Signal Potential Shift to Recovery as Technical Indicators Align
Technical indicators in the altcoin market have started to synchronize, suggesting a potential shift from consolidation to recovery. Several altcoins are recording their lowest three-day RSI values since 2022, a trend typically observed during early stages of a wider market upswing.
A cohort of mid-cap and high-beta tokens is being closely monitored for signs of reversal. These assets have been experiencing heavy selling pressure in recent months but may be due for a rebound.