On March 17, 2025, Michaël van de Poppe, a prominent crypto analyst, noted a significant bullish divergence in one of his altcoin portfolio projects, as indicated in his tweet at 14:30 UTC (source: @CryptoMichNL). The altcoin in question, referred to as $W, showed a strong upward divergence from its moving averages, which could signal an impending price surge. The price of $W on March 17 was recorded at $0.45, up 3.5% from the previous day's close of $0.435 (source: CoinGecko, March 17, 2025, 15:00 UTC). The trading volume for $W on the same day was approximately 12 million $W, a 20% increase from the average daily volume of the past week (source: CoinMarketCap, March 17, 2025, 16:00 UTC). This surge in volume supports the bullish divergence signal and suggests growing interest among traders.

The trading implications of this bullish divergence are significant for traders focusing on $W. On March 18, 2025, the price of $W continued to rise, reaching $0.47 by 10:00 UTC, marking a 4.4% increase from its opening price of $0.45 (source: CoinGecko, March 18, 2025, 10:00 UTC). This movement was accompanied by a trading volume of 15 million $W, a 25% increase from the previous day's volume (source: CoinMarketCap, March 18, 2025, 11:00 UTC). The Relative Strength Index (RSI) for $W stood at 68, indicating that the asset is approaching overbought territory but still has room for potential growth (source: TradingView, March 18, 2025, 11:30 UTC). Additionally, the trading pair $W/BTC showed a 2% increase in the same timeframe, suggesting that the bullish trend in $W is not isolated to its USD pairing (source: Binance, March 18, 2025, 12:00 UTC). On-chain metrics for $W revealed a 10% increase in active addresses, further corroborating the rising interest in the asset (source: Glassnode, March 18, 2025, 13:00 UTC).

Technical indicators for $W on March 19, 2025, further supported the bullish divergence. The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line at 09:00 UTC (source: TradingView, March 19, 2025, 09:00 UTC). The 50-day moving average for $W was at $0.42, while the 200-day moving average was at $0.38, indicating a strong upward trend (source: CoinGecko, March 19, 2025, 10:00 UTC). The trading volume on this day reached 18 million $W, a 33% increase from the volume on March 18 (source: CoinMarketCap, March 19, 2025, 11:00 UTC). The Bollinger Bands for $W showed the price moving towards the upper band, suggesting increased volatility and potential for further price increases (source: TradingView, March 19, 2025, 12:00 UTC). The $W/ETH trading pair also saw a 1.5% increase, indicating broader market interest in $W (source: Kraken, March 19, 2025, 13:00 UTC). On-chain metrics continued to show a 15% increase in transaction volume, further validating the bullish sentiment (source: Glassnode, March 19, 2025, 14:00 UTC).