Altcoin Newsletter #285

Welcome to the Rekt Capital Newsletter, a resource for investors who want to better navigate the crypto markets with the help of cutting-edge crypto research and unbiased market analysis.

In today’s Altcoin newsletter I cover the following Altcoins – specifically:

• Cardano (ADA)
• Aerodrome Finance (AERO)
• Cartesi (CTSI)
• Degen (DEGEN)
• Uniswap (UNI)
• Stellar (XLM)

These Altcoin TA requests are made by valued readers of the Rekt Capital Premium Newsletter.

Let’s dive in...

Cardano – ADA/USD

Cardano ties back to my analysis from late June, when price had just pulled back -41.38% in a single Monthly candle and landed at the top of the green zone, a region of historical demand.

 That Monthly Close was framed as decisive, with two scenarios in play. 

A close at or above the green zone would open scope for a post-breakdown relief rally, with the best case targeting $0.243831 (blue horizontal), a level that had already been acting as resistance for several months. 

A close beneath the green zone, on the other hand, would flip that region into new resistance and put a second leg lower into the range below back on the table.

That call has now resolved. 

Price Monthly Closed at the green zone, and the rebound toward $0.243831 followed as scripted. 

The next question is whether $0.243831 now holds as a rejection point, or whether ADA develops a Lower High just beneath it instead. 

Either outcome would still amount to a loss of that blue level as support, opening the door to it flipping into new resistance.

This zone has seen little historically transacted volume, and price was rejecting from around here as recently as last month. 

It is already pressing beyond that point now, and the attempt underway is to reclaim $0.243831 as new support, echoing the pre-2020 structure that first established this same area as demand.

The larger target sits higher still, at $0.401548 (blue horizontal), the level ADA effectively wants to revisit. 

That level marks support that was lost as a rebounding zone in the past, and it could just as easily turn into a fresh supply area on this current move.

Further out, price wants to effectively revisit these highs ($0.24 region), the same area that marked support before it was lost as a rebounding zone. 

That zone could just as easily turn into a fresh supply area on this current move.

The open question is whether price needs to revisit $0.663960 directly to reconfirm that rejection, or whether it rejects earlier and develops a Lower High relative to those same highs instead.

Aerodrome Finance – AERO/USDT

Aerodrome sits at a genuine pivot point right now, centred on the purple region that has come up in previous coverage. 

The question is straightforward: does price hold the upper portion of this triangular market structure, or does it drop into the lower half instead.

That purple region matters because it has enabled price stability and produced a four-month streak of progressively higher upside wicks on the Monthly. 

Continued stability here would let price build a proper base and work toward reclaiming two key Weekly levels.

The first is $0.4350 (weekly level), which would enable trend continuation toward the top of the triangular structure. 

That top is itself confluent with $0.5110 (black horizontal, Monthly level). 

The end goal is to reach the red levels (red zone) once again, but this time via a genuine retesting attempt rather than the upside wicking seen on the Monthly previously.

Both $0.5110 and the red levels have already served as trend acceleration points earlier in 2025, when price reclaimed each as support. 

Reclaiming one of them again, and ideally both, would put AERO on the cusp of a breakout from this macro market structure, provided the purple region continues to function as a base. 

There isn't much of a Higher Low forming within it just yet. 

What matters most is simply that the stability holds, since that is what enables the push to reclaim the higher levels as support.