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Altcoin Rally Predicted Layer-1 Surges

Analyst Predicts Bullish Momentum for Altcoin Market

  • The OTHERS altcoin index is forming a local bottom at $250 billion.
  • Resistance is identified at $281 billion, with potential for a 15% surge if surpassed.
  • Current trading value of OTHERS is $271.63 billion.
  • Injective (INJ) is maintaining support at $14, aiming for $17.58.
  • INJ’s current value stands at $15.26.

Pentoshi, an analyst with a significant following, observes that the OTHERS index may break its resistance level of $281 billion, potentially leading to a notable market uplift. INJ also shows strength with its current trajectory towards higher values.

Source (2.6)https://dailyhodl.com/2025/02/23/trader-predicts-relief-rally-for-altcoin-market-says-one-layer-1-crypto-looking-to-move-further-up/?rand=59076
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