Extreme Oversold! These 4 Altcoins are on Analysts’ Radar

Jakarta, Pintu News – Crypto analyst Dan Gambardello is currently observing four altcoins. Thesetups formed on Ethereum (ETH), Cardano (ADA), Sui (SUI), and DOG on the Bitcoin (BTC) network are currently atoversold levels that he hasn’t seen since thebottom of previous cycles.

“I’m not saying that the lowest point has been reached. I don’t want to play guessing games like that anymore. I did it once and I was proven wrong,” he says.

“However, in every cycle so far, these same indicators have basically always signaled a bottom.”

Ethereum: November 2024 Fractals

Ethereum is forming a structure on the daily chart that is very similar to the November 2024 setup before the breakout that year. Higher highs and higher lows are forming at theconfluence of the 20- and 50-day moving averages.

Read also: Josh Stark Quits Ethereum Foundation, What Does This Mean for ETH?

Gambardello is eyeing $2,800 as the first resistance level, which aligns with the 200-day moving average. If Ethereum is able to stay in the current support zone and break out of that range, he sees it as the asset most likely to lead the altcoin movement.

Arejection that brings the price back to the moving average intersection is still possible, but the fractal structure is intact for now.

Cardano: MACD Squeeze is Forming

Cardano’s daily MACD shows asqueeze that looks almost identical to the October and November 2024 structure that preceded the ADA breakout. Gambardello is waiting for one specific signal: the histogram closed green above the zero line with real momentum behind it.

He said that fakeouts are possible, referring to the false signal in September 2024 before the actual move took place. However, the setup is already there and he is watching it closely.

Read also: Solana posts mysterious “XRP” post, what does it mean?

SUI: Down 85% and Monthly Stochastic RSI Fully Oversold

SUI has fallen 85% from its swing high. The monthly stochastic RSI has been in oversold territory for over a year, an unusually long duration for a momentum oscillator that is supposed to move faster.

Gambardello said that prolonged oversold conditions like this do not happen often. In the event of areversal, he is aiming for $1.50 as a short to medium-term target.

DOG in Bitcoin: 91% Drawdown, Number One Meme Coin

DOG has fallen 91% from itsall-time high, putting it in a similardrawdown category to ADA and SUI. Gambardello described it as the number one meme coin on the Bitcoin network and added that it was the meme coin with the highest interaction rate on X (Twitter) last week.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Altcoins at Most Oversold Levels in Years, Analyst Flags ETH, ADA, SUI and DOG Setups. Accessed on April 17, 2026