Altcoin Market Awaits Bullish Turn as Pro-Crypto Policies Near

• ETH, DOGE, and ATOM show bearish trends but hold potential with incoming Trump-era crypto policies.
• FTM and APT face price pressures, yet bullish shifts could emerge with pro-crypto regulatory changes.
• XTZ and FTM near key support levels, awaiting market momentum from Trump’s administration shift.

Bitcoin remains below the $95,000 mark, losing momentum after breaching $100,000 earlier this week. With its sideways movement, investors are turning their focus to promising altcoins like Ethereum (ETH), Dogecoin (DOGE), Cosmos (ATOM), Aptos (APT), Tezos (XTZ), and Fantom (FTM).

According to the data from CoinMarketCap, the last 24 hours have been bearish for these tokens: DOGE is down 4.89%, trading at $0.3326; ETH has slipped 2.36% to $3,285; ATOM fell 3.89% to $6.36; APT dropped 7.42% to $8.69; XTZ lost 1.77%, settling at $1.27; and FTM declined 3.56% to $0.6437.

In-Depth Altcoin Analysis

Ethereum (ETH)

ETH’s price action shows three consecutive bearish candles, with the Relative Strength Index (RSI) at 40.64, indicating that sellers hold control. The gradient of the RSI suggests ETH could dip further unless buyer momentum returns.

Read also: 2025: Bitcoin’s Big Year and the Rise of Utility Altcoins

Dogecoin (DOGE)

DOGE accumulation continues to rise, but the token’s price has dropped to the lower Bollinger Bands, signaling potential further declines. Traders remain cautious as the leading meme coin’s short-term trajectory looks uncertain.

Cosmos (ATOM)

ATOM’s RSI has dropped to 40.72, placing the token in bearish territory. The downward gradient suggests choppy price movement in the near term, as sellers maintain control over the market.

Aptos (APT)

APT’s accumulation has decreased sharply, reflected by the declining yellow line on its daily chart. Additionally, the MACD indicator shows the MACD line approaching the signal line, hinting at potential bearish divergence.

Tezos (XTZ)

XTZ has reached the lower Bollinger Bands, with the RSI reading 43.86, confirming sellers dominate its price action. If bulls fail to take charge, a retest of $1 could be imminent.

Fantom (FTM)

FTM’s price has hit the lower Bollinger Bands, and a drop to $0.5 could initiate a prolonged downtrend. The MACD shows a near-bullish divergence that fizzled out, leaving the token vulnerable to further losses.

What’s Next for Altcoins?

While the bearish sentiment is still on for these altcoins, the incoming pro-crypto Trump administration can definitely bring in a bullish momentum, to take effect from January 20. This regulatory shift could provide the much-needed catalyst to revive altcoin performance in the coming weeks.