Image of ALT
ALTAltLayer
$0.006786
4.60%
1D

AltLayer Analysis

Investment Score
A quick view into AltLayer's investment prospects.
8.3

Trend and momentum are aligned, and the current chart still offers a constructive buy setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • High Conviction Breakout: Price recently crossed above the 50-day average and VWMA is confirming, suggesting accumulation-backed momentum.
Main risks
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
  • EMA Tangle: The 50/100/200 EMAs are historically compressed, a sign of directional uncertainty that often precedes choppy or false-breakout conditions.
Market State Summary
Current regime
Bull Quiet
Confidence: 81%
Why this state?
  • ALT is above SMA50
  • SMA50 is below 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 52.31, 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
$0.007707 - $0.008028
Active zone
$0.006361 - $0.007583
Support zone
$0.005814 - $0.006134
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Average
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
$0.005814 - $0.006134
Resistance zone
$0.007707 - $0.008028
Active zone
$0.006361 - $0.007583
Levels Table
LevelZoneStrength
Support 1$0.005814 - $0.006134
Resistance 1$0.007707 - $0.008028
Resistance 2$0.008079 - $0.008648
Resistance 3$0.01041 - $0.01092
Resistance 4$0.01207 - $0.01239
Active 1$0.006361 - $0.007583
Scenario Analysis
Bullish scenario

ALT clears the resistance zone at $0.007707 - $0.008028 and holds above it. That would strengthen the breakout case and shift attention to $0.008079 - $0.008648.

Bearish scenario

ALT loses the support zone at $0.005814 - $0.006134. That would weaken the setup and open the way toward $0.005814 - $0.006134.

Neutral scenario

ALT continues trading between $0.006134 and $0.007707. 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
$0.006119
Bullish
ALT is trading above the 50-day average.
SMA200
$0.006696
Bearish
ALT remains below the long-term trend line.
EMA50
$0.006255
Bullish
ALT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.008251
Bearish
ALT is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
52.31
Neutral
RSI (14) is at 52.31, which keeps momentum in a balanced range.
Stoch RSI (14)
53.53
Neutral
Stoch RSI (14) is at 53.53, which suggests momentum is active but not yet extreme.
MACD
0.00005647
Bearish
MACD is below its signal line.
ATR
3.86%
Quiet
Volatility is below its 180-day median.
VWMA
$0.006327
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
54.49
Neutral
CCI (20) is at 54.49, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00009326
Bullish
Awesome Oscillator is above zero at $0.00009326, which supports bullish momentum.
Williams Percent Range (14)
-44.36
Neutral
Williams Percent Range (14) is at -44.36, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0001288
Bullish
Bull Bear Power (13) is positive at $0.0001288, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
42.14
Neutral
Ultimate Oscillator is at 42.14, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.006274
Bullish
ALT is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.006485
Bearish
ALT is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to AltLayer

Over the past 7 days, AltLayer price was most positively correlated with the price of Conflux (CFX), PancakeSwap (CAKE), The Graph (GRT), Pepe Coin (PEPE) and Shiba Inu (SHIB) and most negatively correlated with the price of Raydium (RAY), NEAR Protocol (NEAR), Venice Token (VVV), GateToken (GT) and BitTorrent (BTT).

Positively Correlated Currencies
NameCorrelation
Image of ConfluxConflux0.871
Image of PancakeSwapPancakeSwap0.853
Image of The GraphThe Graph0.846
Image of Pepe CoinPepe Coin0.830
Image of Shiba InuShiba Inu0.828
Negatively Correlated Currencies
NameCorrelation
Image of RaydiumRaydium-0.574
Image of NEAR ProtocolNEAR Protocol-0.439
Image of Venice TokenVenice Token-0.350
Image of GateTokenGateToken-0.331
Image of BitTorrentBitTorrent-0.257

AltLayer price is positively correlated with the top 10 coins by market cap with a price of 0.479, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.483. 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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