Only Three Altcoins Meet the Relative Strength Filter

Popular crypto analyst Kyle Doops evaluated the top 20 non‑stablecoin assets using a relative‑strength filter rather than focusing on price discounts. The test required an altcoin to trade no more than 36% below its historical peak. Only three coins satisfied this criterion.

Coins That Passed the Test

• HYPE – Trading near its all‑time high of $89.60, currently around $78.82.
• TRX (Tron) – Exhibiting a cup‑and‑handle pattern with a 100% extension target near $0.4359, just above its record $0.4313.
• link" href="/prices/monero-xmr">Monero – Also within the 36% threshold.

Coins That Fell Short

Many large altcoins remain well below their peaks, including:

• Chainlink – 78% down.
• Cardano – 93% down.
• Polkadot – 98% down.
• Solana – 66% down.
• Dogecoin – 89% down.

Notable Exceptions and Blind Spots

Doops highlighted Zcash (ZEC) as a blind spot: despite being 64% below its 2016 peak, it surged over 120% in a month, breaking the $1,000 level for the first time in nearly a decade. This move was reportedly encouraged by Bitcoin whales, according to investor Dan Held.

Analyst Perspective

Doops described altcoins as short‑term vehicles for rotating capital back into Bitcoin and cautioned that history does not favor long‑term altcoin investment. He noted that his screen has previously identified only one coin that consistently outperformed Bitcoin across cycles.