Altcoins May Be Near Historic Oversold Levels Versus Ethereum as Ratio Approaches 0.50 Support

  • Altcoin-to-Ethereum ratio: 0.53, close to 0.50 historic support

  • RSI at 23.79 indicates extreme oversold conditions for altcoins vs ETH

  • Analysts cite fund strategies to profit in both volatile altcoin markets and stable conditions

Altcoin-to-Ethereum ratio nears 0.50 support with RSI 23.79; read COINOTAG analysis and expert strategy insights. Stay informed for trade signals.



Altcoins face record oversold levels against Ethereum as the ratio nears historic support, with analysts noting market volatility.

  • Altcoin-to-Ethereum ratio is at 0.53, nearing the 0.50 support that has historically marked ETH dominance.
  • RSI at 23.79 signals extreme oversold conditions for altcoins, far below the neutral 50 and key 30 level.
  • Analyst Michael van de Poppe notes fund strategies profit from both volatile altcoin markets and stable trading conditions.

Altcoins are facing record oversold conditions, one of the weakest performances relative to Ethereum in years. Analyst Gordon characterizes current readings as the most oversold in crypto history, exceeding downturns seen during the Covid crash and tariff-related declines.

The altcoin-to-Ethereum ratio now stands at 0.53, with a modest intraday gain of 0.88%. This places the market close to the lower support range where Ethereum has historically increased dominance over alternative tokens.

What is the current altcoin-to-Ethereum ratio and why does it matter?

The altcoin-to-Ethereum ratio measures altcoin market strength relative to Ethereum. At 0.53 the ratio is near long-term support at 0.50, signaling that Ethereum is comparatively stronger and that altcoins are under notable selling pressure.

How has this ratio behaved historically?

Data since 2018 shows the ratio normally oscillates between 0.50 and 0.70. Peak readings near 0.70–0.75 in mid‑2021 and late‑2024 marked periods where altcoins outperformed. Levels near 0.50 typically correspond with increased Ethereum dominance.

GzXtlawWwAEmLwt 1
OTHERS/ETH 1-week price chart, Source: Gordon on X

How extreme is the current RSI for altcoins vs Ethereum?

RSI stands at 23.79, well below the neutral 50 and the 30 threshold for oversold conditions. Historically, comparable dips under 30 have been followed by short-term relief rallies, but broader downtrends can persist.

What historical RSI outcomes should traders consider?

Previous instances in mid‑2021 and mid‑2022 saw RSI sub‑30 readings lead to temporary rebounds. Traders should weigh RSI signals against ratio support and macro liquidity conditions before assuming a durable reversal.

Why are analysts adjusting fund strategies now?

Analysts including Michael van de Poppe emphasize that funds now seek consistent returns across market regimes. That approach mixes opportunistic exposure during altcoin volatility with yield-generation in quieter markets.

How do funds adapt to rising ETH dominance?

Funds may increase ETH allocations when the altcoin/ETH ratio compresses and add hedges or short altcoin exposure. In less volatile periods they deploy yield strategies to compound returns without relying on breakout phases.

Summary comparison: Ratio & RSI

Metric Current Historic range / note
Altcoin-to-Ethereum ratio 0.53 Support ~0.50; peaks 0.70–0.75
RSI (altcoins vs ETH) 23.79 Below 30 = extreme oversold
Intraday change +0.88% Minor short-term recovery

Frequently Asked Questions

Is 0.50 a guaranteed rebound point for altcoins?

No. While 0.50 has historically marked increased Ethereum dominance and occasional altcoin rebounds, a decisive break below 0.50 would signal stronger ETH outperformance and require risk-managed responses.

Can RSI alone forecast a reversal?

RSI is a useful momentum indicator but should be combined with support/resistance, volume, and macro context. An RSI below 30 signals oversold conditions but not an immediate guaranteed reversal.

Key Takeaways

  • Ratio near support: Altcoin-to-Ethereum ratio at 0.53 is close to historic 0.50 support, implying ETH strength.
  • Extreme RSI: RSI of 23.79 shows altcoins are deeply oversold versus Ethereum, often leading to short-term relief.
  • Strategy shift: Funds favor diversified approaches to capture returns in both volatile and stable markets; apply risk management if ratio breaks 0.50.

Conclusion

Altcoins are at one of their weakest points relative to Ethereum with the altcoin-to-Ethereum ratio at 0.53 and RSI at 23.79. Traders should watch the 0.50 support and combine momentum and ratio signals when planning entries. COINOTAG will continue monitoring price action and technical indicators for tradeable developments.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Portal to Bitcoin Secures $50M Led by Paloma to Scale Native Bitcoin with BitScaler, Total Funding Hits $92M

COINOTAG reported on August 28, citing Coindesk, that Portal...

EU PROPOSES TARIFF REDUCTIONS TO IMPLEMENT EU-US DEAL

EU PROPOSES TARIFF REDUCTIONS TO IMPLEMENT EU-US DEAL

Lombard Launches Bitcoin-Backed LBTC on Solana — Yield-Bearing SPL Token with $1.5B Circulating Supply

On August 28, COINOTAG reported that DeFi protocol Lombard...

Rettig Likely Confirmed Before Fed Meeting — U.S. Dollar Outlook as Senate Banking Committee Schedules Hearing

According to FXStreet reporting and market sources, Rettig, President...

JPMorgan Says Bitcoin Too Cheap vs Gold as Volatility Hits Historic Low — Model Implies $126,000 Target (~$16K Upside)

According to JPMorgan research cited by Coindesk, Bitcoin has...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img