#AltcoinBreakout
The term #AltcoinBreakout is commonly used in the context of technical analysis of the cryptocurrency market, indicating the moment when an altcoin breaks through a key resistance level, suggesting the potential for a strong upward price movement.
Simplified explanation:
Altcoin = any digital currency other than Bitcoin (e.g., XRP, ETH, ADA, SOL…)
Breakout = breaking a significant technical level (such as horizontal resistance or a trend line)