Despite Bitcoin’s recent decline in the cryptocurrency market, certain altcoins are maintaining critical levels. Market experts are particularly highlighting the robust performance of Litecoin and XRP. These altcoins could potentially determine the future direction of the market, and investors are closely monitoring the sustainability of current levels.
Bitcoin and Altcoin Support Levels
Anonymous market analyst Credible Crypto noted that while Bitcoin 
$103,604 has dipped below a set range, some altcoins have successfully retained their low levels. Notably, Litecoin and XRP have not lost significant support levels despite Bitcoin’s volatility. This situation could shape future market movements, according to the analyst.
Technical Analysis and Market Expectations
Market experts believe Bitcoin may establish a bottom at current levels. If support levels are maintained, an upward trend led by altcoins like Litecoin and XRP could begin. A potential recovery in Bitcoin may provide the cryptocurrency market with a new direction.
There is a consensus that altcoins could take the lead during this period. The price movements of Litecoin and XRP may instill confidence among investors. Reducing uncertainty in the market could attract more volume to cryptocurrency trading.
Investors are carefully watching technical indicators and support levels. A positive sentiment may develop if price movements do not fall below certain levels. However, experts emphasize the need for caution due to potential volatility risks.
