IOTA Breaks Through Resistance, Could a Bullish Breakout Be Imminent?

The cryptocurrency market is showing resilience with Bitcoin (BTC) and Ethereum (ETH) experiencing significant gains over the past week. Riding this positive trend, IOTA has also demonstrated bullish potential. Currently up 14%, IOTA’s technical structure suggests a possible breakout in the near future. A falling wedge pattern on the daily chart hints at an impending reversal following a prolonged downtrend.