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Altcoin

Recent Crypto Dip Shows Decline May Be Over

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Altcoins are showing signs of strength as the cryptocurrency market begins to recover from a significant correction in February. This rebound has pushed the total crypto market cap upward after bouncing off the $3 trillion mark on February 2.

Notwithstanding, this correction saw the altcoin market cap dip massively after a rejection at $425 billion. However, a key observation from crypto analyst Rekt Capital noted that despite the rejection from this significant resistance level, the pullback in altcoin market capitalization is much shallower than in previous downturns. This observation shows that the bulls might be slowly taking charge among altcoins.

Altcoins: Market Cap Faces Rejection At $425 Billion, But Altcoins Gain Strength

Rekt Capital’s technical analysis underscores the importance of the $425 billion resistance level for the altcoin market, particularly focusing on the total market capitalization of altcoins outside the top 10. This analysis comes amid a broader downturn in the altcoin sector over the past week, which is a continuation of a longer correction that began in early January when the market cap peaked at a multi-year high of approximately $440 billion.

Despite facing strong rejection at this key level, the depth of the latest retracement remains notably shallower than previous corrections. The current pullback measures around 50% from the $425 billion resistance, whereas the last two significant downturns saw steeper declines of 69% and 85%. This milder retracement is a change that could influence the trajectory of the altcoin market.

A key takeaway from this trend is the apparent weakening of resistance at $425 billion, which indicates that bearish momentum after the retracement across the altcoin market isn’t as strong as it was in the previous cycles. Unlike previous cycles, where heavy selling led to deeper drawdowns, the current price action signals growing market resilience.

Crypto market cap excluding BTC and ETH, currently at $859 billion. Chart: TradingView

What Does This Mean For An Altcoin Season?

Rekt Capital’s analysis aligns with the expectations of investors eagerly anticipating the arrival of the altcoin season. The relatively shallow pullback from the $425 billion resistance level strengthens the argument that this altcoin season could unfold better than in the past two cycles.

Crypto analysts like Rekt Capital are fervently anticipating an altcoin season to roll into action, where profits in Bitcoin starts rolling into altcoins and the altcoin market outperforms Bitcoin.

In another analysis, Rekt Capital noted a recent rejection of the Bitcoin dominance around 64%. However, he did note that history shows that rejections around 64% are mostly momentarily, and the real rejection is around 71%. When the Bitcoin dominance reaches here, a repeat of history could see it reject very harshly into a cycle-defining altseason. 

For now, Bitcoin dominance remains strong, and a full-fledged altcoin season has yet to materialize. Analysts like Benjamin Cowen suggest that the anticipated altcoin rally may be on pause, with Bitcoin continuing to absorb the majority of market liquidity. Until dominance shows a clearer reversal, altcoin investors may have to wait a little longer. 

Featured image from Pexels, chart from TradingView



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Altcoin

Dogecoin could rally in double digits on three conditions

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Dogecoin rallied nearly 10% this week, resilient in the face of the U.S. President Donald Trump’s tariff war and macroeconomic developments. Most altcoins have suffered the negative impact of Trump’s announcements, DOGE continues to gain, back above $0.2058 for the first time in nearly two weeks. 

Dogecoin rallies in double-digits, what to expect from DOGE price?

Dogecoin (DOGE) hit a near two-week peak at $0.20585 on Wednesday, March 26. In the past seven days, DOGE rallied nearly 10%, even as altcoins struggled with recovery in the ongoing macroeconomic developments in the U.S. 

The largest meme coin in the crypto market could continue its climb, extending gains by nearly 11%, and testing resistance at the lower boundary of the imbalance zone between $0.24040 and $0.21465. 

The upper boundary of the zone at $0.24040 is the next key resistance for DOGE, nearly 24% above the current price. 

Two key momentum indicators, the RSI and MACD support a bullish thesis for Dogecoin. RSI is 52, above the neutral level. MACD flashes green histogram bars above the neutral line, meaning there is an underlying positive momentum in Dogecoin price trend. 

Dogecoin
DOGE/USDT daily price chart | Source: Crypto.news

Dogecoin on-chain analysis 

On-chain analysis of the largest meme coin shows that the number of holders of DOGE is on the rise. If Dogecoin’s number of holders keep climbing or steady in the coming week, the meme coin could remain relevant among traders. 

The network realized profit/loss metric shows that DOGE holders have realized profits on a small scale. Typically, large scale profit-taking increases selling pressure on the meme coin and could negatively impact price. 

The metric supports a bullish thesis for DOGE in the coming week. Dogecoin’s active address count has been steady since mid-March, another sign of the meme coin’s resilience. 

Dogecoin
Dogecoin on-chain analysis | Source: Santiment

DOGE derivatives analysis and price forecast 

The analysis of Dogecoin derivatives positions across exchanges shows that open interest is recovering from its March 12 low. Open Interest is $1.98 billion, as Dogecoin trades at $0.19. Coinglass data shows a steady climb in OI in the chart below. 

Dogecoin
Dogecoin futures open interest | Source: Coinglass

The total liquidations data shows $4.29 million in long positions were liquidated on March 27. Sidelined buyers need to watch liquidations data and prices closely before adding to their derivatives position. 

The long/short ratio on top exchanges, Binance and OKX exceeds 1, meaning derivatives traders are betting on an increase in DOGE price. 

Dogecoin
Dogecoin total liquidation chart | Source: Coinglass

When technical analysis and derivatives data is combined, it is likely Dogecoin price could test resistance at $0.21465 next week, if spot prices follow the cue of derivatives traders.

What to expect from DOGE 

Dogecoin wallets holding between 1 million and 10 million DOGE tokens added to their portfolio consistently between March 10 and 27, while the other two categories, holding between 10 million and 100 million DOGE and 100 million and 1 billion DOGE tokens held nearly steady in the same timeframe. 

The data from Santiment shows that DOGE’s traders holding between 1 million and 10 million tokens are rapidly accumulating, even as the token’s price rises. This supports demand for DOGE and a bullish thesis for the meme coin. 

Dogecoin
Dogecoin supply held by balance of addresses | Source: Santiment

Dogecoin ETF and DOGE catalysts 

DOGE holders are closely watching developments in Bitwise’s Dogecoin ETF filing with the SEC. The ETF filing is an effort to legitimize the meme coin as an investment category for institutional investors, as DOGE price holds steady among altcoins rapidly eroding in value. 

Bitcoin flashcrashes dragged Dogecoin down with it, to a small extent, however the meme token recovered each time and consistent gains could signal an end to DOGE’s multi-month downward trend. 

Other key catalysts for Dogecoin are positive updates in crypto regulation, passage of the stablecoin bill in the Congress, and demand for DOGE among whales and large wallet investors. 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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Altcoin

XRP Breakout On Hold? Financial Expert Reveals What’s Missing

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XRP remains stuck around the $2 level, with experts issuing warnings of restricted near-term growth prospects. According to recent analysis, the digital currency is going through a phase of uncommon stability that has investors speculating about its next step.

Investor Sentiment Dampens Market Momentum

According to financial commentator Austin Hilton, millions of crypto traders have withdrawn from active participation. The market is stuck in neutral, as traders are simply waiting for a big event to set things into motion. The volumes of trade have been above $4 billion at peak levels, but the price itself remains virtually unchanged.

Summer Slowdown Impacts Crypto Trading

Analysts cite seasonal patterns as the major reason for XRP’s current behavior. Hilton describes how summer months usually experience lower trading volumes, with investors more inclined to engage in private activities than respond to market activity. This pattern might continue until July, possibly maintaining XRP’s price relatively stable.

Price Barriers Create Market Challenges

Technical analysis indicates key price levels for XRP. Resistance levels are found at $2.61 and $2.81, while support levels are at $2.22 and $2.31. Experts caution that in the absence of heavy buy pressure, the cryptocurrency might not be able to overcome these levels. Currently, XRP is trading at $2.44, with a modest 0.04% gain over the last 24 hours.

XRP market cap currently at $141 billion. Chart: TradingView.com

Long-Term Outlook Remains Hopeful

Despite current market challenges, some experts remain optimistic. Market analyst Dom suggests the current price consolidation might indicate a strong foundation for future growth. Unlike previous market cycles where XRP experienced rapid price spikes and drops, the current stability suggests a more measured approach.

A number of possible catalysts are on the horizon, such as developments in XRP ETF products, continued action in the SEC vs. Ripple case, and possible reserve disclosures. As of yet, however, none of these events have caused major market activity.

Institutional investors remain quietly accumulating digital assets, creating yet another level of sophistication to the current market dynamics. Hilton advises not to anticipate extreme price increases in the near term, highlighting that there needs to be a major positive event for drastic change.

As the cryptocurrency market keeps growing, XRP investors are warned to keep close watch on the market conditions. The fourth quarter could see things pick up once again, but for the meantime, patience seems to be the main approach for those who possess the cryptocurrency.

Featured image from Gemini Imagen, chart from TradingView





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Altcoin

TRUMP, PI Network, Wormhole Analysis

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Altcoins have been attracting investor attention this weekend, with Bitcoin and Ethereum prices stagnating around $85,000 and $2,000, respectively, since Friday. Prominent crypto analysts have published data insights showing investors are increasingly rotating capital toward altcoins after recent U.S. macroeconomic updates.

Analysts Predict Altcoin Season as Fed Rate Pause Triggers Risk-On Appetite

The altcoin market had a rough start to March 2025 when U.S. President Donald Trump announced new tariffs on Canada and Mexico. However, the macroeconomic landscape has since improved. The Trump administration made adjustments to the tariffs, while U.S. CPI and PPI data indicated that inflation risks from the tariffs were overestimated.

This shift in sentiment was further reinforced after the latest Federal Open Market Committee (FOMC) meeting on Wednesday, where the U.S. Federal Reserve announced a pause in interest rate hikes.

S&P 500 Performance, March 23, 2025 | Source: NASDAQS&P 500 Performance, March 23, 2025 | Source: NASDAQ
S&P 500 Performance, March 23, 2025 | Source: NASDAQ

Traditional finance (TradFi) investors reacted by moving capital out of safe-haven assets like gold and into stocks, pushing the S&P 500 up by 31.7 points last week.

Crypto markets appear to be following suit, with traders increasingly rotating funds from Bitcoin and Ethereum into altcoins.

Crypto Analysts Signal Imminent Altcoin Breakout

Adding to the growing optimism around altcoins, two major crypto analysts took to social media to highlight technical indicators pointing to an incoming “Alt Season”—a market phase where altcoins significantly outperform Bitcoin.

 “2025 #ALTSEASON starts in less than 3 days now,” alongside a chart illustrating past cycles of altcoin dominance relative to Bitcoin.

Crypto analyst Sensei (@SenseiBR_btc) made a bold declaration, March 21, 2025 ,

 

Crypto Analyst predicts imminent Altcoin Season, March 22 2025 | Source: X/SenseiBR_btc Crypto Analyst predicts imminent Altcoin Season, March 22 2025 | Source: X/SenseiBR_btc 
Crypto Analyst predicts imminent Altcoin Season, March 21 2025 | Source: X/SenseiBR_btc

The accompanying chart showed clear historical patterns where altcoins surged against Bitcoin, with a third major rally seemingly about to begin.

In response, OBI Real Estate (@Obirealestate) weighed in on the discussion, adding, “Markets are buzzing, timing will be everything.”

Key Takeaways: Why This Weekend Matters for Altcoins

Capital Rotation: With Bitcoin and Ethereum trading sideways, traders are diverting funds toward altcoins, anticipating stronger returns.

Macro Trends: Improved inflation outlook and the Fed’s rate pause have boosted risk-on sentiment across global markets.

Technical Indicators: Historical charts from top analysts suggest that the long-awaited Alt Season could be days away from starting.

As traders look ahead, this weekend may present a critical window of opportunity to accumulate promising altcoins before a broader market breakout.

Bitcoin (BTC) has surged past the $85,000 mark, signaling strong market sentiment despite a slight 0.9% decline in global crypto market cap over the past 24 hours. While BTC’s resilience suggests growing confidence, a look at broader market trends reveals that large-cap altcoins remain stagnant, while smaller-cap assets are seeing significant moves.

Crypto market performance, March 23 | Source: CoinMarketCapCrypto market performance, March 23 | Source: CoinMarketCap
Crypto market performance, March 23 | Source: CoinMarketCap

Ethereum (ETH) remains subdued at $2,000, showing only a 0.5% gain in 24 hours. Similarly, Cardano (ADA) and Binance Coin (BNB) also moved sideways, conslidating at the $0.70, $620 respectively, while Solana (SOL), trading at $132 leads the top 10 assets with a 2.4% gain.

However a closer look at the Coinmarketcap above shows low-cap altcoins, are attracting significant search traffic, a move that could attract further capital inflows in the coming trading seesions.

1. Trump Memecoin (Official Trump) – Political optimism fuels rally

The Trump-themed memecoin is trading at $11.81, up 5.9% in the last 24 hours, making it one of the most notable gainers. This rally alligns with improved sentiment surrounding recent U.S. policy discussions and Trump’s appearance at the Blockwork’s Digital Assets Summit, last week.

With increasing political relevance and heightened social media buzz, this token is one to watch closely. A break above key resistance levels in the coming days could drive further gains.

2. Pi Network (PI) – Struggling to Break $1, But Buzz is Growing

Last week, PI endured major sell-offs as the network migration trigger mixed reactions among investors. However, Pi Network is now flashing recovery signals. At press time on Sunday, March 23, PI network price is facing strong resistance at the $1 mark, struggling to establish a breakout. However, with the token has become one of the most discussed assets in the last 24 hours, investor interest is evident.

If buying pressure continues and $1 resistance caves, a significant breakout could follow, making this an asset to monitor for a potential price explosion.

3. Wormhole (W) – Cross-Chain Demand Fuels Buying Activity

Ethereum’s native cross-chain bridge token, Wormhole (W) price, has surged 23.9%, driven by increased demand as investors rotate funds across chains.

Wormhole Price Action, March 23 | Source: CoingeckoWormhole Price Action, March 23 | Source: Coingecko
Wormhole Price Action, March 23 | Source: Coingecko

The boost in market optimism, combined with the Fed’s recent decision to pause interest rate hikes, has further supported capital flows into decentralized finance (DeFi).

With more activity on cross-chain protocols, Wormhole’s demand could continue to rise, making it a strong candidate for further upside in the days ahead.

In Summary:

While Bitcoin’s dominance remains strong above $85,000, altcoins, particularly low-cap assets, are gaining momentum. The surge in Trump memecoin, Pi Network’s rising popularity, and Wormhole’s DeFi-driven gains all signal that the altcoin market could be gearing up for major moves. Traders should watch for key breakout levels as these assets continue to gain traction

Frequently Asked Questions (FAQs)

Altcoin Season refers to a market phase where altcoins outperform Bitcoin, often driven by capital rotation and favorable macroeconomic conditions.

Analysts predict an Altcoin Season due to Bitcoin’s stagnation, improving inflation data, and the Federal Reserve’s decision to pause rate hikes.

Trump memecoin, Pi Network, and Wormhole are gaining traction due to political sentiment, technical setups, and cross-chain DeFi demand.

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ibrahim

Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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