#AltcoinBreakout Altcoin Explosion

The term Altcoin Breakout is used when an alternative cryptocurrency (i.e., not Bitcoin) experiences a strong and sudden price increase after a period of consolidation or sideways movement. This breakout may signal the beginning of a strong upward trend supported by high trading volumes.

Key features:

• It often occurs after a long accumulation period or relative calm.

• It is accompanied by a noticeable increase in trading volumes.

• It may be driven by:

• Positive news (partnerships – technical updates).

• Breaking an important technical resistance.

• Or a shift in market interest from Bitcoin to altcoins.

What traders watch for:

• Technical levels (resistance and support areas).

• Momentum indicators like RSI and MACD.

• Trading volume to confirm the strength of the breakout.

• Bitcoin Dominance ratio, as a decrease supports the rise of altcoins.

Advice:

Not all “breakouts” are genuine; some may be false breakouts, so it’s best to wait for technical confirmations before entering, especially amid market volatility.

🚀 Current example of an altcoin explosion

In mid-July 2025, the cryptocurrency market witnessed a notable explosion in altcoins, the most significant being:

1. Ethereum (ETH)

• Broke a strong technical resistance point at $2800 and quickly rose to around $3400–3440 within a few days.