#AltcoinBreakout

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. Veteran trader Peter Brandt highlighted XLM's chart as promising, citing an inverse head-and-shoulders pattern on the monthly chart. A breakout above $1 is crucial, with $1 acting as a multi-year resistance level.

- *Theta (THETA)*: Analysts predict a potential 280% breakout from current levels, driven by its partnership with FC Seoul. THETA remains undervalued, making it a potential candidate for significant gains.

- *Ethereum (ETH)*: ETH has returned to a strong bullish trend, with predictions of reaching $10,000+ and igniting an altcoin rally. Some analysts also expect Bitcoin to hit $140,000, which could further boost ETH's price.

- *SUI (Sui)*: SUI witnessed a pronounced breakout, with a 24-hour gain between 11-26%. Its blockchain infrastructure adoption and technical rally are driving investor demand and speculative interest.

- *Other Altcoins*: Michaël van de Poppe suggests that altcoins like ETH and SOL could see significant gains if Bitcoin breaks its all-time high. Key levels to watch for Bitcoin are around $73,000-$73,750, which could signal the start of an altcoin rally .