These Altcoins Got Walloped—Will Avalanche, Toncoin & Kaspa Even Bother Bouncing Back?

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Ah, altcoins in a bull market—they say it’s a bull market, but these guys look more like a kickboxing match where the altcoins got pummeled and Davis is still counting. Avalanche (AVAX), Toncoin (TON), and Kaspa (KAS) are nursing wounds that make you wonder if recovery is a “maybe” or just a fantasy best left to the dreamy.

Can $AVAX blast through resistance, or is this just a crypto soap opera? 🤡

$AVAX strutted onto the scene in 2021 like the prom queen, rocketing to a jaw-dropping $147. Fast-forward to now, and it’s lounging comfortably at $20, like that missing sock no one really looks for anymore—even though the bull market might be hanging around until 2025 or 2026. So, is it revival time or funeral bells?

Will the $AVAX bulls muster the energy to rescue this promising Layer 1 network from the kiddie pool? The cosmic forces are mum. Real talk: to even sniff its previous local high at $55, $AVAX has to climb a resistance wall that’s basically a Swiss cheese of disappointment at $20 and $22.

And the Stochastic RSI is waving its little flag, hinting bulls might try to push forward, but if they don’t surpass $55, welcome to the land of “yet another lower high.” Grab your popcorn. 🍿

$TON flirts with support like it’s at a bad family reunion

$TON keeps cozying up to the $2.80 support line like a kid clinging to the last slice of pizza at a party. It managed to awkwardly break out of this descending wedge, which sounds like a gymnastic move but is really just crypto-speak for “maybe we’ll move up a tad.”

Its Stochastic RSI is gearing up for an encore, aiming for upside momentum, but honesty hour: the climb so far has been about as thrilling as watching paint dry on a tax form. 🙄

$KAS trying the classic “W” pattern—crypto’s version of ‘fake it till you make it’

$KAS is trotting along the famous W shape chart pattern (because who doesn’t love a good letter in finance). If all goes according to plan, this could push it to $0.10 resistance. Clearing that hurdle would be like finally sneaking into the cool kids’ club, letting $KAS roam between $0.10 and $0.19—and maybe even get a sniff of its all-time high.

In case you were wondering: this totally isn’t financial advice 🤷‍♂️

Short-term? Sure, maybe one of these altcoins will sprint past Bitcoin and bask in fleeting glory. But long term? These poor things are getting hammered so badly versus $BTC you’d think they were in a boxing match with Mike Tyson.

So if your precious altcoins can’t outperform Bitcoin, why are they sitting in your wallet? At this point, you might as well hold a potato chip bag—at least you’ll get some crunch.

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2025-04-22 14:20