Altcoins are showing signs of a potential breakout, echoing past cycles with resistance turning into support and momentum building.
Historical Patterns Point to Imminent Altseason
From 2017 to 2021, the market demonstrated cyclical behavior. A sharp upward trend in 2017 marked the first major altseason. This phase saw the market break key resistance levels, leading to exponential growth. After peaking, prices retraced to previous resistance levels, which turned into support during the consolidation phase.
Current Momentum Hints at Sustained Growth
In 2024, the market broke above prior resistance, establishing it as new support. This movement fueled a steady upward trajectory into early 2025. The altcoin market now approaches its previous all-time high, with upward momentum remaining intact.
Critical Resistance and Support Levels in Focus
The market’s ability to surpass resistance levels has been pivotal. Breakouts in 2020 and 2023 highlighted shifts in momentum. Additionally, green support zones have provided a reliable framework for accumulation and recovery cycles.
Historical patterns and current technical indicators suggest altcoins are on the path to a new growth season. Current resistance and support levels continue to provide a foundation for sustained growth.
