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Altcoin Market Cap: RSI Bullish Divergence Confirmed | Flash News Detail | Blockchain.News
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6/22/2026 6:30:00 PM

Altcoin Market Cap: RSI Bullish Divergence Confirmed

Altcoin Market Cap: RSI Bullish Divergence Confirmed

Altcoin market cap tests support with weekly RSI bullish divergence confirmed on MACD above 200-week MA, echoing 2023 dip-buy zones.

Source

Analysis

Altcoin market capitalization tests prior support levels while posting a weekly bullish divergence on the RSI that the MACD confirms, repeating the exact setup seen during the 2023 bottom and keeping price action above the 200-Week MA. Traders note the significance of 200-week moving average in cryptocurrency market cycles as the retest creates classic dip-buying zones with slim odds of a break lower. Historical examples of altcoin market cap RSI MACD bullish divergence show these regions often precede sustained rebounds when BTC holds its long-term floor.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast

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