Altcoins Reclaim Key Technical Level – Can Momentum Sustain This Time?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Altcoins are flashing fresh bullish signals as momentum returns to the broader crypto market. Leading the charge is Ethereum, which has surged above the $3,450 level, marking its highest price since mid-January. The breakout signals growing confidence among bulls and is sparking renewed interest across the altcoin sector. Related Reading Bitcoin Retail Demand Rebounds – $0–$10K Transfer Volume Turns Positive 1 day ago

Many altcoins have posted impressive gains in recent days, bouncing sharply from their April lows. The recovery is not just isolated to top names like ETH and SOL; mid- and small-cap tokens are also showing signs of strength, supported by increasing volume and improved market structure.

A key technical development is adding weight to the bullish case: the altcoin market has once again pushed above a key daily moving average. This historically significant level often marks the transition from downtrends to sustained uptrends. Altcoins Reclaim 200-Day Moving Average

Altcoins are showing renewed strength, and according to top analyst On-Chain Mind, the technical landscape is beginning to shift in their favor. In a recent chart shared on X, he highlighted that the altcoin market has once again broken above its 200-day moving average, a level that historically separates bearish phases from sustained uptrends. Altcoin Market reclaims 200-day MA | Source:On-Chain Mind on X

However, On-Chain Mind cautioned that this development has occurred multiple times during this market cycle, often followed by weeks of sideways chop and volatility rather than immediate upside. Still, this time may be different. With Ethereum rallying above $3,400—its highest level since mid-January—and Bitcoin consolidating above key support zones, conditions appear more favorable for a broader altcoin breakout.

What makes this moment particularly important is the price structure across many altcoins, which has turned decisively bullish after months—and in some cases, years—of deep consolidation. Tokens across sectors such as DeFi, Layer 1s, and infrastructure are forming higher lows and showing clean breakouts on higher timeframes, indicating growing demand and fresh capital rotation. Related Reading SharpLink Gaming Buys Another $19.5M In Ethereum: Institutional Accumulation Continues 1 day ago Altcoin Market Cap Breaks Out Past $1.4 Trillion

The Total Crypto Market Cap excluding Bitcoin (TOTAL2) has rallied to $1.42 trillion, posting a +9.68% weekly gain and reaching its highest level since March 2025. This powerful move confirms a breakout above the 50-week, 100-week, and 200-week moving averages, signaling broad-based strength across the altcoin market. TOTAL 2 showing bullish strength | Source:TOTAL2 chart on X

One key technical milestone is the bullish crossover of the 50-week SMA above the 100-week SMA. Meanwhile, the 200-week SMA—now positioned near $880 billion—has acted as strong support during previous corrections and continues to provide a solid foundation for the current uptrend. Related Reading Bitcoin Bears Strike Back After ATH: Long/Short Ratio Flips Negative 2 days ago

Ethereum’s breakout above $3,450 has been a key driver, supported by renewed retail activity and bullish sentiment. If TOTAL2 holds above $1.4 trillion, the next resistance target is the $1.6 trillion level, last tested earlier this year. A sustained move toward that range could confirm the beginning of a long-awaited altseason.

Featured image from Dall-E, chart from TradingView