#AltcoinBreakout
Stellar (XLM) posts a 60% surge đŻ
XLM has emerged as a breakout standoutâclimbing nearly 60% in the past week and currently trading near $0.47. Analysts pinpoint an inverse head-and-shoulders pattern, with a key resistance at $1.00. A break above $0.43â0.47 has triggered bullish price action and increased open interestâsuggesting potential for further rally .
SUI looks primed for altitude
After breaking above its 50âday moving average (~$3.10) and clearing the $3.55 inverse headâandâshoulders neckline, technical targets range from $4.30 up to $5.00. Support levels to watch: $3.81 and ~$3.30 if pullbacks occur .
NEAR confirms bullish breakout
NEAR coin has surged past $2.72 resistance on strong volume, aiming next toward the $3.00 level .
ETH, ADA, SOL show breakout setups
Ethereum recently cleared $2,800 resistance, with potential to push toward $4,000. Meanwhile, Cardano and Solana are also nearing key breakout thresholds .
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đ Market-Wide Signals
Altcoin Season is here: Total altcoin market cap has surpassed $4âŻtrillion, while Bitcoin dominance dropped below 58%. Ethereum is up ~40% this month, with SUI, Avalance, Cardano, Dogecoin, and XRP each gaining 15â20%. Some indicatorsâlike cupâandâhandle patterns in TOTAL3/BTCâsuggest a large-scale alt rally may be underway .
ETH leads the charge: Ethereum surged ~9% in one day and sits around $3âŻ441â3âŻ600, spurring capital flow into altcoins, even while Bitcoin consolidates above $118k .
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đ° What to Watch Next
1. Key price levels:
XLM needs to hold above ~$0.43 and aim for $1.00.
SUI is targeting $4.30â5.00, with support on dips.
ETH above $2,800 opens up run-ups to $4,000