- Analyst identifies buy signals for SUI, AAVE and LINK, with upside targets of $1.11, $146 and $12.71, respectively.
- TOTAL3 gained 0.09% to $753.89 billion after falling from about $840 billion in October; $760 billion is immediate resistance.
- TOTAL3’s RSI climbed to 56.19 and MACD turned bullish, but a break below $740 billion could expose support near $730 billion.
Three altcoins have recorded fresh buy signals on their three-day charts as the wider market attempts to recover from its October decline. Analyst Ali Charts identified Sui, Aave and Chainlink as rebound candidates, while TOTAL3 reached $753.89 billion. However, each token faces resistance levels that must be cleared during the latest market update.
Ali Charts Identifies Three Altcoin Buy Signals
According to Ali Charts, Sui is showing a TD Sequential buy signal on the three-day chart. The analyst identified $0.90 as immediate resistance. A break above it could put $1.11 in view, followed by the setup resistance trendline near $1.20.
Aave has also produced a three-day TD Sequential buy signal. Ali Charts said stronger buying pressure could support a rebound toward $146. A move above that level could bring the setup resistance trendline near $176 into focus.
Chainlink completes the group with its own three-day buy signal. The analyst highlighted $11.30 as LINK’s key resistance. A break above it could open a path toward $12.71, followed by the setup resistance trendline around $14. Ali Charts said prices must confirm the signals for all three assets.
TOTAL3 Rebounds From Early November Lows
The altcoin market capitalization has also begun recovering. TOTAL3, which excludes Bitcoin and Ethereum, stood at $753.89 billion on the latest four-hour candle. It gained approximately $684.77 million, or 0.09%.
The candle opened at $753.2 billion, reached $754.07 billion and recorded a low of $753.2 billion. Trading volume stood at $118.41 billion. However, TOTAL3 fell from roughly $840 billion in early October toward $735 billion in early November.
The $740 billion area represents immediate support, while $760 billion is the first major resistance. A break above $760 billion could expose $780 billion and then $800 billion. Conversely, losing $740 billion could bring $730 billion into view.
RSI and MACD Readings Improve
The Relative Strength Index stood at 56.19, above its signal average of 48.21. It has moved above the neutral 50 level but remains below overbought territory.
The Moving Average Convergence Divergence indicator has also turned bullish. Its histogram reached approximately $2 billion, while the MACD line stood at $1.03 billion. The signal line remained at negative $974.86 million.
