2 Altcoins Flash Bullish Setups as Market Eyes Breakouts

RIO/USDT: Retest and RallyRealio Network (RIO) has delivered a strong +30% rally after successfully retesting the $0.26 monthly support level, confirming last week’s bullish divergence identified on the weekly chart.With momentum now building, the next major target is the $0.42 resistance level, which acted as a local high in recent months. Continuation toward that level would confirm a broader recovery trend.XLM/USDT: Downtrend Broken, Eyes on Monthly DemandAccording to the information Stellar (XLM) has confirmed a breakout from its long-standing Downtrending Channel, a structure that capped price action for months. The key for XLM now is a weekly close above the green boxed area, a historically critical support/resistance zone on the monthly chart.If reclaimed, this green zone could set the stage for a move toward the $0.37 resistance, and potentially even the $0.52 macro high if history repeats. For now, all eyes are on whether the breakout holds and dips are bought back into that reclaimed level.The post 2 Altcoins Flash Bullish Setups as Market Eyes Breakouts appeared first on Coindoo.