Altcoin has been in a weird state recently. It just keeps on rising even though all the indicators say that it's going to go down very soon. As we speak now the coinmarketcap page is around half red/half green. Most of this activity is caused by the increase of bitcoin price as well, since coinmarketcap measures altcoin worth in USD terms. Personally I just don't see this as sustainable growth. I mean especially when bitcoin dominance is at an all time low of 43%, it's not going to last very long. There is absolutely no reason for ripple and ethereum market cap combined to exceed bitcoin's.