The altcoin market approaches a key technical breakout as structural support holds and momentum begins shifting upward. Two analysts are tracking the TOTAL3 report alignment between historical support and bullish continuation signals.
Triple Bottom Structure Builds Technical Foundation
Current altcoin market capitalization finds repeated support near the $175 billion level, forming a triple bottom. This level has been tested three times across two years, with each touch producing a rebound. Momentum indicators also aligned during each of these support retests.
Merlijn The Trader provided recent analysis in a timespan labeled “Triple Bottom Altcoins” using weekly TOTAL3 data. According to Merlijn, the market cap bounced off $175 billion in three similar troughs, each with recovery signs. His chart excludes the top 10 assets, isolating altcoin trends across cycles.
Each rebound pushed higher, first to $315 billion, then to $450 billion on the second rally. Current price behavior again shows a hold at support, with early strength returning. He points to stochastic RSI, which shows consistent upward crossovers at these bottoms.
EMA Support and Wedge Breakout Strengthen Setup
Alex Clay presented a comparative analysis using EMA trends and wedge formations on the TOTAL3 index. His view spans from early 2023 through 2025 and excludes Bitcoin and Ethereum. He focused on how rising trendlines and moving averages support the current setup.
According to Alex, the 50 EMA and 100 EMA held as dynamic support through major corrections. Besides that, a falling wedge pattern broke upward near these lines, confirming alignment with the broader bullish structure. Red wedge lines highlight convergence near these zones.
He also noted dotted ascending trendlines showing rising lows since late 2023, adding structural consistency. Price rebounded twice from those levels before breaking the second wedge. Market cap now stands at $800 billion, doubling from the $400 billion mid-2023 low.
Projected Path to $800 Billion for Altcoins
A green projection labeled “ALTSEASON” appears, continuing into early 2026 as valuations climb. Alex connects this move to past breakouts supported by wedge resolution and EMA strength. The next resistance target is set at $530 billion as activity consolidates above key support levels.
Altcoins are at an important technical stage with the potential for continued growth. EMA support indicators and the triple bottom structure provide optimistic premises for further market development.
