Altcoins Showing Strength Amid Bitcoin Downturn

A popular crypto strategist suggests that altcoins displaying market strength might lead the next digital asset rally despite Bitcoin’s recent drop.

Pseudonymous analyst Credible Crypto shared insights with his 463,000 followers on X, highlighting that payment tokens Litecoin (LTC) and XRP are poised to become top performers. These tokens have maintained key support levels despite Bitcoin’s price decline this week.

> “At this time, for the first time in a while, select alts are holding their own against prior lows while BTC has nuked below its own relative range lows. Look for those alts that have held their relative lows on this drop; they may be the ones to lead the next rally. Great examples at the moment are LTC and XRP (you seeing a theme here?).”

LTC is currently trading at $127, showing a slight gain over the last 24 hours, while XRP is at $2.15, reflecting a 1.6% decrease.

Credible Crypto also predicts Bitcoin may experience sideways trading before a potential breakout:
> “BTC tagged $79,000 and we are now seeing some relief. Only two levels that really matter from my perspective at the moment: local supply at $94,000-$99,000 and high timeframe demand just under $74,000. I suspect we form a base between these two levels over the coming days before a full-on reversal.”

Currently, Bitcoin is priced at $85,070, with marginal gains in the last 24 hours.