tether chart Archives - Coin Engineer https://coinengineer.net/blog/tag/tether-chart/ Btc, Coins, Pre-Sale, DeFi, NFT Wed, 16 Apr 2025 09:53:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png tether chart Archives - Coin Engineer https://coinengineer.net/blog/tag/tether-chart/ 32 32 Tether Dominance Nears Resistance: What It Means for Altcoins? https://coinengineer.net/blog/tether-dominance-nears-resistance-what-it-means-for-altcoins/ https://coinengineer.net/blog/tether-dominance-nears-resistance-what-it-means-for-altcoins/#respond Wed, 16 Apr 2025 10:30:46 +0000 https://coinengineer.net/blog/?p=40325 In a time of rising uncertainty in the crypto markets, Tether Dominance (USDT.D) continues to hold its upward trend on the daily chart. The metric is currently testing a key resistance at 5.56%, and a breakout could spell trouble for altcoins. What If the Trend Continues? If the 5.56% resistance is broken, the next target

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]]> In a time of rising uncertainty in the crypto markets, Tether Dominance (USDT.D) continues to hold its upward trend on the daily chart. The metric is currently testing a key resistance at 5.56%, and a breakout could spell trouble for altcoins.

What If the Trend Continues?

If the 5.56% resistance is broken, the next target will likely be 5.84%, signaling increased demand for stablecoins. This scenario typically correlates with a decline in altcoin valuations, as investors seek safety during turbulent times.

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Possible Pullback and Its Impact

However, if the rising trend is broken to the downside, the first target to watch is 5.16%. A move toward this level could indicate renewed appetite for risk and potentially spark a strong altcoin rally. Should the 5.16% support also give way, 5.00% becomes the next logical support area.

TETHER DOMINANCE
USDT.D pair daily chart.

The current setup suggests we are approaching a pivotal moment in the market. The next moves of USDT.D will be crucial not just for Bitcoin but for the entire altcoin ecosystem. Keep a close eye on dominance charts in the coming days.

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The post Tether Dominance Nears Resistance: What It Means for Altcoins? appeared first on Coin Engineer.

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