3 Altcoins That Are Not Acting Like a Crypto Bear Market

While Bitcoin and Ethereum face pressure in the prevailing crypto bear market, analysts highlight three altcoins demonstrating unusual strength: Bitcoin Cash (BCH), Morpho (MORPHO), and Decred (DCR).

Bitcoin Cash (BCH) is up nearly 80% year-on-year, supported by whale accumulation and an inverse head-and-shoulders pattern suggesting a potential rally toward $793-$800 if it breaks resistance at $575.

Morpho (MORPHO), the token for a decentralized lending platform, is seeing institutional interest, including a commitment from Apollo Global Management to acquire up to 9% of its supply. Its price chart shows a bullish pole-and-flag continuation pattern, with a potential rally toward $2.85 upon breaking $1.63.

Decred (DCR) is the strongest performer, up 93% year-on-year, bolstered by a recent treasury upgrade. Its price is contained within a bullish ascending channel, forming a cup pattern that projects an upside target near $45.33.

(Source：BeInCrypto)