Image of ALT
ALTAltLayer
$0.007353
-6.26%
1D

AltLayer Analysis

Investment Score
A quick view into AltLayer's investment prospects.
9.1

This is one of the strongest technical setups on the chart right now, with trend, momentum, and risk conditions all working together.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Quiet
Confidence: 91%
Why this state?
  • ALT is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
ALT is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 60.89, which is neither overbought nor oversold.
Volatility
Quiet
ALT ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.01038 - $0.01095
Active zone
$0.007584 - $0.008706
Support zone
$0.006240 - $0.007291
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

AltLayer support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.006240 - $0.007291
Resistance zone
$0.01038 - $0.01095
Active zone
$0.007584 - $0.008706
Levels Table
LevelZoneStrength
Support 1$0.006240 - $0.007291
Resistance 1$0.01038 - $0.01095
Resistance 2$0.01195 - $0.01252
Resistance 3$0.01382 - $0.01440
Resistance 4$0.02204 - $0.02295
Active 1$0.007584 - $0.008706
Scenario Analysis
Bullish scenario

ALT clears the resistance zone at $0.01038 - $0.01095 and holds above it. That would strengthen the breakout case and shift attention to $0.01195 - $0.01252.

Bearish scenario

ALT loses the support zone at $0.006240 - $0.007291. That would weaken the setup and open the way toward $0.006240 - $0.007291.

Neutral scenario

ALT continues trading between $0.007291 and $0.01038. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.006871
Bullish
ALT is trading above the 50-day average.
SMA200
$0.006699
Bullish
ALT remains above the long-term trend line.
EMA50
$0.007067
Bullish
ALT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.008102
Bearish
ALT is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
60.89
Neutral
RSI (14) is at 60.89, which keeps momentum in a balanced range.
Stoch RSI (14)
26.01
Neutral
Stoch RSI (14) is at 26.01, which suggests momentum is active but not yet extreme.
MACD
0.0003367
Bearish
MACD is below its signal line.
ATR
5.49%
Quiet
Volatility is below its 180-day median.
VWMA
$0.007658
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
67.27
Neutral
CCI (20) is at 67.27, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0007817
Bullish
Awesome Oscillator is above zero at $0.0007817, which supports bullish momentum.
Williams Percent Range (14)
-34.08
Neutral
Williams Percent Range (14) is at -34.08, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0001461
Bullish
Bull Bear Power (13) is positive at $0.0001461, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
55.31
Neutral
Ultimate Oscillator is at 55.31, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.008037
Bearish
ALT is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.007160
Bullish
ALT is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to AltLayer

Over the past 7 days, AltLayer price was most positively correlated with the price of Optimism (OP), Pyth Network (PYTH), Bitcoin Cash (BCH), Aptos (APT) and Bitcoin SV (BSV) and most negatively correlated with the price of XDC Network (XDC), Beldex (BDX), Stacks (STX), Ethena (ENA) and NEAR Protocol (NEAR).

Positively Correlated Currencies
NameCorrelation
Image of OptimismOptimism0.819
Image of Pyth NetworkPyth Network0.812
Image of Bitcoin CashBitcoin Cash0.770
Image of AptosAptos0.753
Image of Bitcoin SVBitcoin SV0.750
Negatively Correlated Currencies
NameCorrelation
Image of XDC NetworkXDC Network-0.373
Image of BeldexBeldex-0.275
Image of StacksStacks-0.128
Image of EthenaEthena-0.086
Image of NEAR ProtocolNEAR Protocol-0.074

AltLayer price is positively correlated with the top 10 coins by market cap with a price of 0.493, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.413. Currencies that are positively correlated with AltLayer indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with AltLayer, a move in one direction for AltLayer would translate into a move in the opposite direction for the negatively correlated coin.

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