Altcoin Market Cap Breaks $880 Billion Resistance Trend

The altcoin market cap, as measured by the TOTAL3 index, has successfully broken out of a seven-month descending resistance trend, reclaiming a significant milestone of $880 billion. This breakout is not only a testament to the resilience of the altcoin sector but also indicates a strong bullish momentum that has been building over the past few months.

TOTAL3 has been trading above $880 billion after reclaiming a key level near $700 billion earlier in the month. The price action reflects strong momentum with expanding volume and a clean breakout from compression, confirming bullish intent across the broader altcoin sector. This breakout follows repeated support bounces along a multi-year ascending trendline that has remained intact since 2023.

The trendline drawn from the 2023 low has now supported three separate macro lows—2023, 2024, and 2025. Each retest triggered renewed upside, with 2025’s bounce producing a rounded base just ahead of the recent breakout. This zone now acts as the pivot separating consolidation from expansion, providing a solid foundation for the current rally.

Market analyst Moustache noted that TOTAL3 printed a clean series of higher lows over the past three months, gradually tightening beneath a descending trendline. With July’s breakout, the structure has shifted toward an ascending triangle with confirmation now visible on both price and volume. The chart now reflects bullish continuation above the prior compression range, indicating a strong upward trend.

The breakout has pushed TOTAL3 back inside a rising parallel channel first established in late 2023. Past entries into this structure led to sustained rallies with little interruption. If price continues to follow this rhythm, higher targets beyond $1.6 trillion remain in play, suggesting a potential for significant growth in the altcoin market.

TOTAL3 reclaimed its position above the 2024 high and moved decisively through resistance after seven months of decline. This level also intersects with the long-term ascending trend, adding weight to the structural validity of the move. Price is now trending in the upper half of the formation, indicating a strong bullish trend.

Market researcher Moustache pointed to the current pattern as a repeat of earlier altcoin cycle launches. According to the chart, previous breakouts from similar zones led to large-scale rallies across the board. TOTAL3 now reflects the same setup after spending months in accumulation, suggesting a potential for significant growth in the altcoin market.

The broader altcoin market has shown strength across major segments, especially mid-caps and DeFi tokens. Altcoin market cap continues to print fresh 2025 highs with momentum rotating from Bitcoin dominance. TOTAL3 is now positioned to challenge upper-range resistance as capital flows back into risk, indicating a strong bullish trend in the altcoin market.