Altcoins are maintaining crucial support levels even as liquidations surged by 40% across major exchanges. This spike in liquidations has not deterred top networks, which remain anchored at multi-year support levels. Analysts suggest that forced selling often eliminates weaker positions, allowing prices to stabilize and rebalance.
Capital is reportedly shifting towards more liquid and established assets, with Cardano, Chainlink, Dogecoin, Hedera, and VeChain showing robust setups based on their structure and liquidity. The ability of these altcoins to hold their support levels is seen as critical for determining their near-term price direction.
Altcoins Maintain Key Support Despite 40% Liquidation Spike
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