#AltcoinBreakout
[19/07, 09:38] Meta AI: Altcoin breakouts are happening, with several cryptocurrencies showing promising signs
- *Stellar (XLM)*: XLM has surged nearly 60% in the past week, trading around $0.47, and outperforming top altcoins like Ethereum, Solana, and XRP. Veteran trader Peter Brandt flagged XLM's chart as promising, citing an inverse head-and-shoulders pattern on the monthly chart.
- *Hedera (HBAR)*: HBAR shows breakout potential, aiming for a $0.35 target, with analysts hinting at growing bullish signals.
- *Avalanche (AVAX)*
- *Ethereum (ETH)*: ETH nears $3,500, boosted by BlackRock's strategic moves, and is predicted to potentially reach $10,000. Some analysts also expect ETH to outperform Bitcoin, with a possible 20-30% rally in ETH/BTC pairs during Bitcoin's breakout.
- *XLM*: $1 is a crucial resistance level to break through for further upside potential.
- *ETH/BTC*: A breakout above 0.029 could signal altcoins outperforming Bitcoin, with key levels at 0.02979, 0.037
[19/07, 09:38] Meta AI: Altcoin breakouts are happening, with several cryptocurrencies showing promising signs. Here are some notable ones:
- *Stellar (XLM)*: XLM has surged nearly 60% in the past week, trading around $0.47, and outperforming top altcoins like Ethereum, Solana, and XRP. Veteran trader Peter Brandt flagged XLM's chart as promising, citing an inverse head-and-shoulders pattern on the monthly chart.
- *Hedera (HBAR)*: HBAR shows breakout potential, aiming for a $0.35 target, with analysts hinting at growing bullish signals.
- *Avalanche (AVAX)*: AVAX is recovering after breaking a multi-month downtrend, setting sights on $30-$40.
- *Ethereum (ETH)*: ETH nears $3,500, boosted by BlackRock's strategic moves, and is predicted to potentially reach $10,000. Some analysts also expect ETH to outperform Bitcoin, with a possible 20-30% rally in ETH/BTC pairs during Bitcoin's breakout.
*Key Levels to Watch:*
- *XLM*: $1 is a crucial resistance level to break through for further upside potential.
