Altcoins are preparing for a breakthrough to the $2.90 trillion mark: technical setup is favorable

Technical analysis of the altcoin segment indicates the formation of a classic ascending pattern. The weekly chart shows a rebound from a critical support level, suggesting strengthening bearish pressure at the bottom. Consolidation within a triangular formation creates prerequisites for explosive growth to trillion-dollar volumes.

Analysts have identified key target levels on the development path. The first resistance barrier is at $1.65 trillion — this is the most likely intermediate level. The next stage involves breaking through to $2.20 trillion, where asset revaluation may occur. The final goal is ambitious — $2.90 trillion, which means a potential increase in the segment’s value by almost a third from current levels.

The recovery momentum is gradually gaining speed, while trading volumes remain within normal ranges. Maintaining the integrity of the triangular structure confirms that the trend remains in force. The altcoin market demonstrates a typical picture before a global rally — consolidation is replaced by dynamic growth.

If the mentioned levels are broken through consecutively, it will mark the beginning of a full-fledged upward cycle for altcoin assets, capable of rewriting the hierarchy of capitalizations in the crypto market.