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Cryptocurrency News Articles
CVDD Indicator Flashes Bottom Signals for 4 Top Altcoins
Apr 17, 2025 at 03:00 am
While Bitcoin (BTC) and other major altcoins continue to fluctuate without clear direction, leading analysis firm Alphractal has turned its attention to four specific cryptocurrencies: Litecoin (LTC), Dogecoin (DOGE), Bitcoin Cash (BCH), and Dash.
Alphractal, a leading analysis firm, has identified four altcoins that are now flashing bottom signals with the Cumulative Value Days Destroyed (CVDD) indicator.
This indicator, typically used for Bitcoin (BTC) to identify cycle bottoms, measures the cumulative value of coins moved based on their age and value. It provides a unique perspective on long-term investor behavior and can highlight phases of strong accumulation.
While CVDD is renowned for its accuracy in Bitcoin, Alphractal believes that this indicator can be applied effectively to other cryptocurrencies, particularly those exhibiting similar market structures to BTC.
“The CVDD metric, considered one of the most accurate tools for identifying cycle bottoms in Bitcoin, shows similar potential in other cryptocurrencies like Litecoin (LTC), Dogecoin (DOGE), Bitcoin Cash (BCH), and Dash,” the firm stated in a recent report.
“This goes beyond identifying entry points; it enables more complex and well-founded investment strategies.”
Litecoin (LTC)
As seen in the chart above, CVDD has supported every major bottom for Litecoin throughout its history. The indicator’s effectiveness on LTC is nearly identical to its performance on Bitcoin, further strengthening its value as an analytical tool. A new bottom may be forming now, signaling a potential long-term entry point.
Dogecoin (DOGE)
Credit: Alphractal
DOGE has also consistently respected the CVDD support levels, with recent price action aligning perfectly with CVDD Pattern 2. Barring any significant new drops, the analysis suggests that DOGE may have already bottomed out.
Bitcoin Cash (BCH)
As seen in the chart above, the CVDD metric has historically provided reliable support for BCH, especially during the 2020 bear market. Alphractal notes that the price of BCH has never breached below the CVDD level, further validating its strength as a bottom signal. Current levels may once again represent a key accumulation zone.
Dash
As seen in the chart above, Dash has undergone one of the longest bear markets in the crypto sector, and CVDD support has only been approached four times since 2024. Alphractal emphasizes that the latest test of this level is the most significant yet — and the price has remained stable since. The indicator now offers a positive outlook for Dash’s long-term trend.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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