2 Altcoins Flash Bullish Setups as Market Eyes Breakouts
By: bitcoin ethereum news|2025/05/10 01:15:04
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In the latest edition of the Rekt Capital Altcoin Newsletter, two standout altcoins are showing early signs of bullish momentum following successful technical retests and breakouts. RIO/USDT: Retest and Rally Realio 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 Demand According 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. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/2-altcoins-flash-bullish-setups-as-market-eyes-breakouts/
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