TOTAL2 Breakout Nears as Altseason Pressure Builds
TOTAL2 shows rare technical signals, hinting at a major altcoin rally as momentum builds beneath long-term resistance.
- TOTAL2 Stoch RSI signals a rare cycle bottom
- Price squeezed between major trendline and resistance
- Breakout may trigger a powerful altcoin rally
The crypto market is showing strong signs that a major altcoin rally may be just around the corner. The TOTAL2 chart — which tracks the entire altcoin market cap excluding Bitcoin — is flashing rare technical signals not seen in years. Traders and analysts are closely watching these developments, as the setup mirrors previous altseason triggers.
Rare TOTAL2 Breakout Setup
Over the past six years, the monthly Stochastic RSI for TOTAL2 has crossed below the 20 level only twice. Each of those instances marked the bottom of a cycle and sparked a powerful rally across the altcoin market. Now, it’s happening again — and the timing is unusual.
This current crossover is forming while the price is trapped between two major levels: the 2021 resistance zone and an 8-year rising trendline. This squeeze is like a pressure cooker ready to explode, with momentum building beneath the surface rather than fading away.
Technical Momentum Strengthening
Unlike typical downtrends that suggest weakness, this setup indicates strength. The Relative Strength Index (RSI) has just broken out of a four-year downward trend, a strong sign that market momentum is shifting. At the same time, the monthly Stoch RSI has made a fresh bullish cross, a classic sign that the market is resetting for another leg up.
These combined signals are not common and suggest that the current move is not just another bounce, but potentially the beginning of a new altseason. In previous cycles, similar setups have preceded explosive market moves — and this time may be no different.
Investors should keep a close eye on TOTAL2. The compression under key resistance zones, paired with strengthening indicators, may soon result in a significant breakout that could lead to major gains across the altcoin sector.
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