Here Are 3 Altcoins Showing Signs of a Potential Rebound, According to Analysts

Altcoin Analysis

Here Are 3 Altcoins Showing Signs of a Potential Rebound, According to Analysts

The altcoin market is attempting a mild recovery following a volatile start to November, with on-chain indicators showing early signs of stabilization.

Key Takeaways

  • AAVE’s weekly TD Sequential buy signal hints at a potential bottom near $210.
  • Cardano must hold the $0.50 support level to target $0.70.
  • SEI needs to maintain $0.15 to confirm a rebound setup toward $0.27.
  • MACD crossovers on AAVE and SEI show early signs of momentum returning.
  • RSI readings for all three tokens remain below 50, signaling cautious optimism.

Analyst insights suggest that three prominent tokens — AAVE, Cardano (ADA), and SEI — may be entering critical inflection points after weeks of downside pressure.

AAVE Flashes TD Sequential Buy Signal

According to technical data from TradingView, AAVE is showing one of the more promising structures among major DeFi tokens. The price has climbed back to $212 after rebounding from the $180 region, coinciding with a positive MACD crossover on the daily chart and an RSI recovery from oversold levels.

The weekly chart has also flashed a TD Sequential buy signal, a pattern that often indicates exhaustion in selling pressure. This setup has previously marked important local bottoms for AAVE. If follow-through buying continues, analysts expect the token to test resistance near $240, with potential for an extended move toward $280 if momentum builds further.

Cardano’s Rebound Hinges on $0.50 Support

Cardano’s technical outlook remains cautiously optimistic but dependent on maintaining short-term support. ADA is currently trading near $0.57, gaining about 2.6% on the day yet still well below its September highs.

Market analyst Ali Martinez highlighted that Cardano must hold the $0.50 level to keep the recovery path open toward $0.70. MACD and RSI readings show limited momentum at present, suggesting consolidation could continue unless buyers defend this crucial zone or sellers force a break lower.

SEI Looks to Defend $0.15 for Potential Reversal

SEI, another asset analyzed by Martinez, faces a similar inflection point. The token is hovering around $0.17 after a recent correction, maintaining its footing just above the $0.15 support level. Technical projections point to a possible rebound toward $0.27 if the level holds, aligning with a bounce from the lower boundary of its descending channel.

With RSI readings around 40, bearish momentum appears to be fading, but a confirmed reversal still depends on stronger buying pressure and a break above the mid-channel resistance.

Market Consolidation Continues Across Altcoins

Despite varying patterns across AAVE, ADA, and SEI, all three tokens share one trend — consolidation following prolonged market weakness. Institutional liquidity has largely focused on blue-chip assets in recent months, but mid-cap projects could see renewed attention if Bitcoin stabilizes and broader risk appetite returns.

For now, traders remain cautious, as most momentum oscillators still sit below neutral thresholds. Sustained upside in the altcoin market will likely depend on whether Bitcoin can maintain its consolidation range and inspire renewed confidence across risk assets.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

telegram

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Source: https://coindoo.com/market/here-are-3-altcoins-showing-signs-of-a-potential-rebound-according-to-analysts/