#AltcoinBreakout

Altcoin Breakout Overview

Altcoins are showing signs of a breakout, driven by the altcoin market cap breaking key resistance levels. The TOTAL3 chart, which excludes Bitcoin and Ethereum, has broken out of a falling wedge pattern, signaling potential for further upward movement ¹.

Key Indicators of Altcoin Breakout

- *Altcoin Market Cap Growth*: The total altcoin market valuation could rise to $1.2 trillion or more, with some predictions suggesting up to $5 trillion if the altseason continues.

- *Stablecoin Inflows*: Over $1.7 billion in stablecoin inflows into exchanges this week fuel the altseason rally.

- *Capital Rotation*: Capital is rotating from Bitcoin to altcoins, with the TOTAL2 market cap hitting $1.5 trillion.

Altcoins to Watch

- *Fantom (FTM)*: Nearing a breakout from a descending wedge, projecting a 76% rally.

- *AAVE*: Potential breakout from an ascending wedge with a target of $167.

- *Monero (XMR)*: On verge of breakout from a falling wedge, with potential 17% rise ².

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