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Weekly RSI news for the crypto market hits extreme lows, similar to the 2020 period, and currently the market cap is testing the 300-week EMA repeatedly. The indicator suggests the market is heavily oversold, which historically often signals a recovery.
From the technical models, five altcoins look interesting at this time because they have strong supporting structures. ALGO has held support levels for several months despite heavy market declines. QUBIC is forming a compression pattern that could lead to an increase. TIA has built a solid base after long-term pressure, and APT shows initial signs of community revival.
Meanwhile, PI continues to move near the 0.025 level, with Pi's market cap gradually improving. The weekly RSI indicates severe overselling, implying potential for growth if the overall market stabilizes. Analysts state that Pi Network's market cap still has room for further growth.
According to technical analysis, these five altcoins have the potential to increase by more than 20% if short-term resistance is broken. However, caution is advised as there are no guarantees. Trading volume remains moderate, so confirmation from buying pressure is crucial for a sustainable rebound.