Top Altcoins Ready for a Breakout Rally This Week

With a positive trend in Bitcoin and altcoins this week, the demand in the crypto market is evidently increasing. As the top gainers are making noise, here are some altcoins ready for a breakout rally this week. Will these coins surge 100% as the broader market recovers with their breakout runs? Let’s find out.

In the realm of cryptocurrency, where volatility reigns supreme, the demand for digital assets has been palpable this week, with a bullish upswing gripping the market. As the top performers continue to gain traction, here are some altcoins poised for a breakout rally this week. Could these coins witness a 100% surge as the broader market recovers with their breakout runs? Let’s unravel the possibilities. 

Top Performing Altcoins To Watch Out: Helium (HNT)

Helium, a decentralized wireless network, is making waves in the top 100 crypto list, currently ranked #58 with a market cap of $1.16 billion. Among the top-performing altcoins, HNT boasts a 7-day growth of 54.20%.

Chart: Tradingview

A closer look at the daily HNT price chart reveals a trendline breakout rally, surpassing the 61.80% Fibonacci level at $7.306. Nevertheless, an intraday pullback signals a possible retest at the 50% Fibonacci level of $6.458.

At the moment, the Helium token price is at $7.216, showing an intraday decline of 2.97%. According to the Fib levels, a strong lower price rejection could propel the altcoin prices to the $10 psychological mark. 

Aptos (APT)

Like Helium and other top performing altcoins, APT concludes a prolonged correction phase with a resistance trendline breakout. As the bull run crosses the 20D and 50D EMA, the altcoin clocks a 59% increase within 10 days from the low of $4.32.

Chart: Tradingview

Currently, the APT price is at $6.81, with minimal intraday movement after the 5.75% jump last night. Despite the breakout, Aptos has several dynamic resistances to contend with, including the 100D and 200D EMA and the 23.60% Fib level at $8.11.

A bullish continuation above the $8.11 will indicate a massive trend reversal in Aptos. This could also increase the chances of a golden crossover. Optimistically, the uptrend in the APT price could lead to the $15.28 mark. 

Celestia (TIA)

With a price increase of 19% this week, TIA has clocked a 55% increase in 8 days, completing a morning star pattern in the weekly chart. Moreover, in the daily chart, a bullish pivot is seen from the sideways trend at $4.817, leading to a trendline breakout.

Chart: Tradingview

A bullish RSI divergence helps the TIA price propel past the 20D EMA, but overhead supply sees a reversal from the 50D EMA.

As the altcoin stands at a crucial juncture, the bull run might face strong resistance at the 100D and 200D EMA, currently at $7.391 and $9.161, respectively.

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