{"id":637407,"date":"2025-03-21T10:11:31","date_gmt":"2025-03-21T10:11:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=637407"},"modified":"2025-03-21T10:11:31","modified_gmt":"2025-03-21T10:11:31","slug":"altlayer-price-prediction-alt-soars-15-in-a-week-as-this-solana-layer-2-ico-goes-parabolic-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/altlayer-price-prediction-alt-soars-15-in-a-week-as-this-solana-layer-2-ico-goes-parabolic-best-crypto-to-buy-now","title":{"rendered":"Altlayer Price Prediction: ALT Soars 15% In A Week As This Solana Layer-2 ICO Goes Parabolic – Best Crypto To Buy Now?"},"content":{"rendered":"

The Altlayer price soared 15% in the last week and 5% in the last 24 hours to trade at $0.03855 as of 12:19 a.m. EST, and trading volume surged 119% to $44 million.<\/span><\/p>\n

Altlayer Price Breakout From Downtrend Signals Potential Rally<\/h2>\n

The <\/span>ALT price<\/span><\/a> has been trading within a falling channel pattern for an extended period, characterized by lower highs and lower lows. This bearish structure dominated the market, reflecting continued selling pressure.<\/span><\/p>\n

However, in recent sessions, the Altlayer price successfully broke above the upper boundary of the channel, suggesting a potential reversal or at least a relief rally.<\/span><\/p>\n

The price of Altlayer has also moved above the 50 Simple Moving Average (SMA) on the 4-hour chart, reinforcing the breakout’s validity. The 200 SMA at $0.04014 is now the next major resistance level that could determine whether the rally continues, according to data from <\/span>GeckoTerminal<\/span><\/a>. <\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) currently sits at 62.19, above the neutral 50 mark. This indicates growing bullish momentum but remains below overbought conditions (above 70), meaning further upside potential exists.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) line has crossed above the signal line, confirming bullish momentum. A continuation of this trend would further support the case for an upward move.<\/span><\/p>\n

\"Altlayer
ALT\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

ALT Price Prediction<\/h2>\n

With the breakout above the descending channel and indicators turning bullish, the Altlayer price appears poised for a potential rally toward the $0.0414 level. If the price of ALT sustains momentum and breaks above the 200 SMA, further upside toward $0.045 – $0.05 could be possible.<\/span><\/p>\n

However, failure to hold above the breakout zone could result in a retest of the $0.035 – $0.036 area.<\/span><\/p>\n

Meanwhile, investors are buying a new Solana meme coin called <\/span>Solaxy (SOLX)<\/span><\/a>, which 99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says might soar 10x after launch.<\/span><\/p>\n