#AltcoinBreakout

An altcoin breakout occurs when the price of an alternative cryptocurrency (other than Bitcoin) breaks a key resistance level with strength, accompanied by a significant increase in transaction volume. This movement indicates a possible trend change or the beginning of a new bullish phase. Generally, it occurs after a period of consolidation or sideways movement, and can be driven by positive news, technological adoption, listings on exchanges, or movements in the overall market. Traders see it as a buy signal, expecting that the momentum will take the altcoin to new higher levels.