Altcoins in general have seen their RSI levels drop to the neutral zone. While it is thought that the decline may be complete, altcoins that are close to the overbought zone still pose a risk. Jelle predicts that BTC could make a higher peak of up to $280,000.$BTC

Cryptocurrency markets are going through a tough time this week, with BTC reaching a new low of $92,690. Altcoin investors have suffered double-digit losses in recent days. It is unclear how long this decline will continue. The holiday season and the Fed's pessimistic expectations for 2025 make the current situation explainable. So, which cryptocurrencies are approaching buy levels?

The RSI data shows whether a cryptocurrency is overbought or oversold. Usually, the RSI does not stay in the overbought zone for long and prices are expected to fall. The 4-hour data below reflects the current status of over 100 cryptocurrencies. As prices approach the ceiling, altcoins enter the overbought zone, and as they fall to the floor, they enter the oversold zone.

On a broader time frame, weekly data shows that the following altcoins could experience a rapid sell-off in the event of a possible BTC drop: AAVE, SUI, XRP, OM, UXLINK. On the other hand, altcoins such as DOGS, NEIROETH, RARE, SUN are close to the oversold zone. This suggests that the bottom may be approaching.

Of course, it is also possible that altcoins may experience oversold sales for a long time due to their own internal dynamics and problems, and eventually lose value completely. It can be risky for investors to create a strategy based on only one piece of data.

Crypto analyst Kyledoops shared the second image and made the following assessment:

“Weekly Crypto RSI Heatmap: After the recent drop, most coins are back in neutral territory with an average RSI of 50.06.”

This neutral zone suggests that the correction for altcoins may be complete.


Today, Binance announced that it has invested in USUAL Coin, indicating that important price levels should be monitored. Altcoin analyst Altcoin Sherpa draws attention to possible price targets in the chart below. With the BTC price making a comeback, the targets mentioned for the altcoin could quickly come to the fore.

“Bitcoin $92,878.5, 2-year MA Multiplier has historically been an excellent tool for knowing when to exit the market. Current forecast suggests a cycle top around ±230K. Still plenty of room to grow.”