- Altcoin strength vs Ethereum has dropped to its lowest RSI reading ever on the weekly chart, signaling a historic oversold condition.
- Stochastic RSI is turning upward from oversold territory with a bullish cross forming, often preceding strong rallies in past cycles.
- OTHERS/ETH price is holding firm at long-standing support between 0.53–0.54, reinforcing potential upside toward the resistance zone at 1.12.
Altcoin strength against Ethereum has reached unprecedented oversold conditions, sparking attention from traders monitoring potential reversal signals in the market.
Extreme Oversold RSI Levels
CrypFlow reported that the OTHERS/ETH pair has recorded the lowest Relative Strength Index (RSI) level ever on the weekly chart. The RSI has dropped near 24.45, placing the market in a historically rare condition.
Traditionally, such extreme readings have coincided with reversal points, where sellers lose momentum, and renewed buying interest emerges. Market watchers note that this deep oversold reading has rarely appeared before, making the setup notable.
Stochastic RSI Shows Bullish Cross
Adding to the technical signals, the Stochastic RSI on the weekly timeframe is turning upward from heavily oversold territory. A bullish cross is forming, which is often read as an early sign of improving momentum.
In previous market cycles, similar crosses at depressed levels have preceded strong recoveries in altcoin strength versus Ethereum. While conditions remain weak, this indicator suggests underlying strength may be building within the pair.
Price Holds at Historical Support
Price action shows OTHERS/ETH holding firm near 0.53–0.54, a horizontal support area tested multiple times in recent years. Each previous test of this level has halted declines and fueled rallies, positioning it as a crucial demand zone.
CrypFlow noted that when such structural support aligns with oversold technical signals, the probability of recovery increases. If the current support holds, upside projections point toward the 1.12 resistance area, which would mark a doubling in relative performance.
