Image of ALT
ALTAltLayer
$0.006465
-2.75%
1D

AltLayer Analysis

Investment Score
A quick view into AltLayer's investment prospects.
5.4

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Sideways Volatile
Confidence: 55%
Why this state?
  • ALT is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Volatile regime, the best-fit approach is Wait for breakout confirmation. Price is still non-directional, but volatility is elevated, so false moves are more common and waiting for a cleaner breakout confirmation is usually the better setup.

Trend
Sideways
ALT is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 43.19, which is neither overbought nor oversold.
Volatility
Volatile
ALT ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.009670 - $0.01542
Active zone
$0.005077 - $0.009244
Support zone
$0.004700 - $0.006687
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
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
$0.004700 - $0.006687
Resistance zone
$0.009670 - $0.01542
Active zone
$0.005077 - $0.009244
Levels Table
LevelZoneStrength
Support 1$0.004700 - $0.006687
Resistance 1$0.009670 - $0.01542
Resistance 2$0.01623 - $0.01822
Resistance 3$0.02150 - $0.02632
Resistance 4$0.02923 - $0.03230
Active 1$0.005077 - $0.009244
Scenario Analysis
Bullish scenario

ALT clears the resistance zone at $0.009670 - $0.01542 and holds above it. That would strengthen the breakout case and shift attention to $0.01623 - $0.01822.

Bearish scenario

ALT loses the support zone at $0.004700 - $0.006687. That would weaken the setup and open the way toward $0.004700 - $0.006687.

Neutral scenario

ALT continues trading between $0.006687 and $0.009670. 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
$0.007630
Bearish
ALT is trading below the 50-day average.
SMA200
$0.006866
Bearish
ALT remains below the long-term trend line.
EMA50
$0.007610
Bearish
ALT is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.008093
Bearish
ALT is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
43.19
Neutral
RSI (14) is at 43.19, which keeps momentum in a balanced range.
Stoch RSI (14)
4.98
Oversold
Stoch RSI (14) is low at 4.98, which shows momentum is pressing near its recent lower extreme.
MACD
-0.0002540
Bearish
MACD is below its signal line.
ATR
22.85%
Volatile
Volatility is above its 180-day median.
VWMA
$0.008743
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-107.99
Bearish
CCI (20) is weak at -107.99, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.001359
Bearish
Awesome Oscillator is below zero at $-0.001359, which supports bearish momentum.
Williams Percent Range (14)
-94.72
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -94.72.
Bull Bear Power (13)
$-0.0009925
Bearish
Bull Bear Power (13) is negative at $-0.0009925, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
28.24
Oversold
Ultimate Oscillator is weak at 28.24, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.005729
Bullish
ALT is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.01052
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 Stacks (STX), Immutable X (IMX), Optimism (OP), Render Token (RENDER) and Curve DAO Token (CRV) and most negatively correlated with the price of Dash (DASH), Beldex (BDX), LEO Token (LEO), JUST (JST) and Bitcoin Cash (BCH).

Positively Correlated Currencies
NameCorrelation
Image of StacksStacks0.940
Image of Immutable XImmutable X0.924
Image of OptimismOptimism0.923
Image of Render TokenRender Token0.921
Image of Curve DAO TokenCurve DAO Token0.920
Negatively Correlated Currencies
NameCorrelation
Image of DashDash-0.230
Image of BeldexBeldex-0.173
Image of LEO TokenLEO Token-0.051
Image of JUSTJUST-0.034
Image of Bitcoin CashBitcoin Cash0.147

AltLayer price is positively correlated with the top 10 coins by market cap with a price of 0.731, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.729. 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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