Top Altcoins CFN

  • Ali Charts identifies rebound targets of $0.20 for ENA, $280 for TAO, $1.60 for ATOM and 24–26 for VVV.

  • TOTAL3 declined from approximately $840 billion in early October to $727.74 billion on November 7, despite a modest 0.23% four-hour gain.

  • Bearish momentum persists, with RSI at 39.60 and MACD histogram at -$895.91 million; immediate support sits near $725 billion.

Four altcoins are flashing daily TD Sequential buy signals despite continued weakness across the broader cryptocurrency market. Analyst Ali Charts identified potential rebounds for Ethena (ENA), Bittensor (TAO), Cosmos (ATOM), and Venice Token (VVV). However, TOTAL3 data shows altcoin capitalization remains under pressure, with bearish momentum persisting on the four-hour timeframe.

Ali Charts Identifies Four Altcoin Buy Signals

According to Ali Charts, Ethena recently recorded a daily TD Sequential buy signal. The previous signal appeared October 20, before ENA gained 22%. The analyst now watches $0.20 as a potential rebound target.

https://twitter.com/alicharts/status/2118839376448823805?a=sDtZaUpA4v6ab1bGWy8&s=20

Similarly, Bittensor has flashed another daily buy signal. Previously, its TD Sequential sell signal anticipated a local top before TAO dropped nearly 34%. Ali Charts identified $200 as immediate support, with $280 as the potential recovery target.

Cosmos also recorded a fresh daily buy signal following its recent correction. Its October 12 sell signal preceded a decline of approximately 30%. The analyst is watching whether ATOM holds $1.30 before targeting $1.60.

Meanwhile, Venice Token has produced another daily buy signal. Ali Charts noted that the indicator tracked several trend changes over the past month. The analyst identified $19 as support, with $24 and $26 as potential rebound targets.

TOTAL3 Market Cap Extends Its Downtrend

Despite these signals, the TOTAL3 market capitalization chart shows continued weakness. The metric, which excludes Bitcoin and Ethereum, declined from approximately $840 billion in early October. By November 7, TOTAL3 had fallen to $727.74 billion. 

Four Altcoins Show Rebound Signals Despite Market Sell-Off, Says AnalystSource: TradingView

The four-hour chart shows successive lower highs and lower lows, reflecting sustained selling pressure. The latest candle opened at $726.11 billion and closed at $727.74 billion. It recorded a $1.65 billion increase, representing a 0.23% gain.

RSI and MACD Maintain Bearish Readings

Technical indicators also show continued weakness. The RSI is at 39.60, below its moving average of 42.24. However, it remains above the oversold threshold of 30. Additionally, the MACD line sits at -5.37billion against a signal line of-4.47 billion. 

Its histogram remains negative at -$895.91 million, while displayed trading volume stands at $340.38 billion. TOTAL3 faces immediate support around $725 billion. Meanwhile, resistance stands at $740 billion to $750 billion, followed by $760 billion.