Altcoins: Breaking Out of Compression | Flash News Detail | Blockchain.News
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4/22/2026 2:04:00 PM

Altcoins: Breaking Out of Compression

Altcoins: Breaking Out of Compression

Altcoins like ARB, SUI, AVAX surge from 2.5-month consolidation, eyeing doubles; ARB targets $0.15-0.17 amid Bitcoin momentum.

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Altcoins are snapping out of a tight compression phase after nearly 2.5 months of accumulation, with Layer 1 and Layer 2 protocols plus AI crypto projects leading the charge. Analyst Michaël van de Poppe highlights these as prime bets, riding Bitcoin's momentum for potential doubles in the next 1-2 months. Standouts include $ARB, poised to push higher without deep pullbacks, targeting $0.15-0.17, alongside $SUI, $AVAX, $SEI, $NEAR, and others like viral TAO in the AI space.

On the 4h chart for ARB, price action clings to the EMA50 at $0.12 as immediate support, while the EMA200 lurks just below at $0.11 in a broader bearish structure marked by a MACD death cross at 0.0. Yet confluence builds as RSI(14) holds neutral at 44.32, and price trades snug inside Bollinger Bands with upper resistance at $0.13 and lower support at $0.12—suggesting volatility exhaustion could propel a breakout if buyers defend that lower band, aligning with altcoin breakout predictions and ARB price targets amid crypto market momentum.


Michaël van de Poppe

@CryptoMichNL

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