The altcoin market is exhibiting early signs of stabilization as dominance drops to 7.56%, according to analyst Javon Marks. Despite prolonged weakness, a regular bullish divergence in smaller-cap cryptocurrencies suggests a potential stabilization phase after a two-year decline. The MACD momentum indicator is forming higher lows, indicating underlying strength. Key support levels are identified between 3–4%, with resistance at 8.3% and 10.8%. Narrower candle formations and reduced volatility point to early accumulation and possible sector stabilization.
Altcoin Market Shows Signs of Stabilization Amid Bullish Divergence
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