Altcoins Ready for a Major Breakthrough: Reaching New All-Time Highs?

The altcoin market is poised for a significant surge, with analysts predicting an imminent breakout to new highs. Prices have maintained a strong upward trend since 2023, respecting key support levels and demonstrating consistent strength. This upward movement is supported by robust technical indicators and a growing volume of activity. A descending triangle formation suggests the market may soon break out of its consolidation phase. According to Moustache, the altcoin market is nearing a critical breakout level. As of April 2025, the total crypto market cap excluding Bitcoin and Ethereum stands at $827.85 billion.