Indicator Flashes Bottom Signals for 4 Top Altcoins
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.
In a newly published report, the firm highlights the Cumulative Value Days Destroyed (CVDD) indicator — a tool traditionally used to identify cycle bottoms in Bitcoin — as now flashing potential bottom signals for these altcoins.
What is the CVDD Indicator?
CVDD is widely regarded as one of the most accurate on-chain metrics for identifying Bitcoin market bottoms. It calculates the cumulative value of coins moved based on age and value, offering a unique insight into long-term investor behavior and potential accumulation phases.
Alphractal suggests that this indicator could be just as effective when applied to altcoins that share similar market structures with Bitcoin.
“The CVDD metric, considered one of the most accurate tools for identifying cycle bottoms in Bitcoin, shows similar potential in other cryptocurrencies,” the firm noted.
“This goes beyond identifying entry points; it enables more complex and well-founded investment strategies.”
Litecoin (LTC)
According to Alphractal, CVDD has accurately supported every major bottom for Litecoin throughout its history. The indicator’s effectiveness on LTC is nearly identical to its performance on Bitcoin — strengthening its value as an analytical tool.
A new bottom may be forming now, signaling a potential long-term entry point.
Dogecoin (DOGE)
DOGE has also consistently respected the CVDD support levels, with recent price action aligning perfectly with CVDD Pattern 2. Unless a significant new drop occurs, the analysis suggests that DOGE may have already bottomed out.
Bitcoin Cash (BCH)
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
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.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a "detective-like" mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
