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Altcoins WLD, IP, ENA surge, signaling potential breakout and new alt-season trends.
Altcoins Rally: Top Picks WLD, IP & ENA Eye Weekly Breakouts
Altcoins are once again stealing the spotlight as traders hunt for the next major breakouts. Leading the charge this week are Worldcoin (WLD), Immutability Protocol (IP), and Ena (ENA), each showing significant price momentum and bullish technical signals.
Worldcoin has jumped over 22% this week, targeting the $1.95 mark, driven by increased user adoption and platform updates. Immutability Protocol is making strong gains, aiming for $6.57 as it reverses previous bearish trends, while Ena is pushing toward $0.41 with solid trading volume and investor confidence.
The broader altcoin market is benefiting from declining Bitcoin dominance, now hovering around 64.5%, creating room for capital to flow into smaller-cap projects. Technical indicators point toward a potential alt-season, encouraging traders to keep a close eye on price movements and news catalysts.
What to Monitor: Technical breakout patterns, on-chain activity, and macroeconomic signals like inflation data and regulatory developments. Altcoins are regaining momentum and could drive significant gains for savvy investors.