3 Altcoins “escaped” the crypto market crash and showed strong bullish signals

This article is machine translated
Show original

While the majority of the market is still struggling to recover from the severe crash caused by the impact of tax policy, a few altcoins have overcome the crisis and made headlines with gains of up to 100% in just 24 hours .
These Token have been outperforming the rest of the market, demonstrating strong on-chain activity and strong demand from retail investors , even as large - cap assets remain weak.

This article will analyze three prominent altcoins that have weathered the crash and how their price charts are shaping up amid a generally weak market.


Radiant Capital (RDNT)

Radiant Capital — a DeFi lending platform built to connect cross- chain liquidation — has become one of the few altcoins to weather the crypto market crash .

Over the past 24 hours, RDNT is up nearly 100% , reaching around $0.029 . This bullish momentum is fueled by a clear divide between retail investor enthusiasm and large investor caution .

The Chaikin Money Flow (CMF) index — which measures the amount of Capital from large or institutional wallets — is still below zero , but is slowly rising , suggesting that large investors are starting to return to the market , albeit cautiously.
To confirm strong institutional buying, CMF needs to make a decisive breakout above the 0 mark .

In contrast, the Money Flow Index (MFI) — which reflects volume and cash flow from retail investors — has spiked to 94.68 , a “hot” zone that shows extremely strong buying pressure from retail investors . This shows that retail investors are chasing every short-term increase and correction , creating a wave of excitement around Radiant.

Technically, while RDNT 's 100% rally looks impressive, the chart warns of a correction risk :
From April 25 to October 11, the price made a higher high, but the RSI made a lower high — a bearish divergence that often signals a potential correction before a new uptrend forms.

At the same time, RDNT has just broken out of a multi-month long downtrend channel pattern . This is a positive signal, but not enough to confirm a solid uptrend .

To maintain the recovery momentum, Radiant needs to hold above $0.029 and close the daily candle above $0.034 . Otherwise, selling pressure could return, dragging the price to the $0.020 area or lower .


Morpho (MORPHO)

Morpho has quietly emerged as one of the DeFi Token to weather the market crash , showing that decentralized lending projects are leading the recovery wave .

While most altcoins remain deeply bearish, MORPHO is down just 10% on the week and up 4.2% in the past 24 hours , reflecting the resilience of the DeFi sector .

Over the past 24 hours, whale wallets have increased their MORPHO holdings by 5.34% , bringing the total to 4.6 million Token — equivalent to nearly $8 million at a price of $1.68 .

This accumulation occurred even as Token balances on exchanges increased by 2.66% , showing that retail investors are still taking profits , while the "big guys" quietly bought up stocks .

Before the crash, MORPHO traded in a rising wedge pattern — usually a sign of a short-term correction.
After the crash, the pattern broke down to the downside, but price has now recovered back above the lower trendline , showing signs of early stabilization .

The Bull Bear Power (BBP) indicator — which measures the correlation between buying and selling pressure — also confirms this: red candlesticks have been falling sharply since October 10, indicating that selling pressure is waning and buyers are taking back control .

At the time of writing, MORPHO is trading around $1.69 . To maintain the recovery momentum, the price needs to hold above $1.61 and break above $1.91 to retest the higher resistance zones at $2.47 and $2.85 . If it fails, the nearest support zones are at $1.55 and $1.44 .

Despite the market-wide volatility, steady accumulation from whales and waning selling pressure suggests that Morpho could be one of the few DeFi Token that continues to outperform , as long as large money continues to sustain buying momentum .


Succinct (PROVE)

PROVE , the native Token of Succinct - a zero-knowledge proof (ZK-proof) infrastructure project, also stood out in weathering the market crash .

Over the past 24 hours, PROVE is up nearly 19% , showing renewed confidence in DeFi infrastructure projects even as the majority of the market remains weak.

on-chain data shows:

  • Whale holdings down 22.38% to just over 1,171 Token

  • Meanwhile, the exchange balance increased by 6.27% to 38.25 million Token , showing that a large portion of large investors have taken profits .

The MFI is currently at 73.22 , approaching overbought territory — meaning investors are still actively buying , but the driving force is mainly coming from retail investors . For the rally to continue, the market needs the return of whales .

Technically, PROVE is still trading within a Falling Wedge pattern , which is usually a signal for a bullish reversal when confirmed.
Between September 26 and October 10, price made a lower Dip while RSI made a higher Dip — bullish divergence , indicating weakening selling momentum .

Currently, PROVE is trading around $0.74 .
If the 4-hour candle closes above $0.85 , the possibility of an extension to $0.94 – $0.98 is very high (about 25–30% increase).
Conversely, if $0.72 is broken, the price could retreat to $0.67 , where an important support zone exists.

Currently, PROVE's recovery momentum is mainly coming from retail investors , but the decision for long-term growth will depend on whether whales return to the market or not .


Notable: Zcash (ZEC )

Besides the three DeFi Token above, Zcash (ZEC) — the privacy-focused coin also deserves a mention for completely going against the market trend .

ZEC is up over 74% on the week and nearly 10% in the past 24 hours , trading around $290 .
Both retail and institutional money continue to pour in, maintaining the Token 's steady rally even as most other altcoins are still recovering slowly.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
75
Add to Favorites
15
Comments