#AltcoinBreakout

Altcoin breakouts are happening, and some coins are showing promising signs. Let's dive into the latest updates:

Recent Breakouts

- *Stellar (XLM)*: XLM has surged nearly 60% in the past week, trading around $0.47. Veteran trader Peter Brandt flagged XLM's chart as promising, citing an inverse head-and-shoulders pattern on the monthly chart.

- *Cardano (ADA)*: ADA's current price is $0.83, with a 4.23% increase in the last 24 hours. Its market cap stands at $27.31 billion, ranking #11 among cryptocurrencies ¹ ².

Predicted Breakouts

- *Fantom (FTM)*: FTM has been building up bullish momentum since mid-May and is nearing the breakout point of the descending wedge pattern. A potential 77% rise could push FTM to $0.68.

- *Ethereum (ETH)*: ETH has returned to the trend, signaling strong bullish momentum. A confirmed breakout could propel ETH to $10,000+, igniting the long-awaited altcoin run ³ ⁴.

Market Sentiment

The broader crypto market is showing signs of recovery, with increased interest in altcoins. However, traders should remain cautious as market volatility remains high. Monitoring Bitcoin dominance and macroeconomic factors will be essential for confirming the start of a true alt season