Cup and Handle Breakout Nears: Altcoin Market Set for Explosive Gains, DOGE Price Eyes Major Rally

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Tuesday, July 22, 2025 at 7:47 AM
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Massive Cup and Handle Pattern Breakout Signals Incoming Altcoin Surge

The crypto market is buzzing with bullish momentum as a massive cup and handle pattern nears a breakout on the altcoin price chart—a technical formation historically linked to explosive upward trends.

With Bitcoin’s correction phase behind and Ethereum (ETH) reclaiming critical resistance zones, altseason 2025 appears to be fully underway. Analysts suggest this could lead to parabolic price movements across multiple altcoins, with DOGE, XRP, and SOL among the top contenders.

Altcoin Market Turns Bullish in Q2 and Q3 2025

After a subdued Q1 marked by Bitcoin’s consolidation and ETH bottoming at $1,700, the market shifted gears in Q2. ETH began reclaiming the $2,700–$3,000 range, a key signal for altseason ignition. By Q3, Ethereum surged near the $4,000 mark, dragging the entire altcoin market upward.

This rally is different from previous cycles, as ETH outperforming BTC has acted as a strong altseason catalyst. Not only has ETH’s performance exceeded expectations, but major altcoins like Ripple (XRP) and Solana (SOL) are also showing signs of reclaiming their all-time highs.

TOTAL2 and Market Cap Signal a Breakout Is Near

The TOTAL2 chart—which tracks the altcoin market cap excluding Bitcoin—shows a clear cup and handle formation on the verge of breakout. This classic bullish pattern suggests that the market could see exponential upside.

Adding fuel to the fire is the fact that the total crypto market cap recently hit a $4 trillion ATH, underscoring a renewed appetite for altcoins and signaling a potentially sustained rally.

Dogecoin (DOGE) Chart Flashes Ultra Bullish Signal

Among the standout performers is Dogecoin (DOGE). The DOGE monthly chart shows a textbook bullish setup, where a prior resistance zone has flipped into a strong support level. Analysts believe that if DOGE breaks through the final resistance (marked in green), it could initiate a major breakout rally.

With memecoins gaining momentum once again, DOGE remains a key altcoin to watch, especially with its historical ability to outperform during bullish altseasons.

Key Indicators Supporting Altcoin Rally

  • Ethereum outperforming Bitcoin – A classic signal that altseason is peaking

  • TOTAL2 chart breakout – Indicates broader altcoin market strength

  • Reclaiming of ATHs by key altcoins – XRP, SOL, and others nearing major breakout points

  • $4T total crypto market cap – Suggests strong liquidity flowing into altcoins

  • DOGE monthly chart – Highly bullish, with breakout imminent

What to Expect Next

With these bullish technical patterns forming, a full-scale altcoin rally could be imminent. The cup and handle formation is one of the most powerful continuation patterns in technical analysis—often leading to 30–100%+ price moves in traditional and crypto markets alike.

As Ethereum continues to lead the way, and DOGE lines up for a breakout, investors should keep a close eye on major altcoins over the coming weeks.

Takeaways

  • A cup and handle breakout is forming across the altcoin market

  • Ethereum’s strength is igniting broad market confidence

  • DOGE, XRP, and SOL show bullish continuation patterns

  • Total market cap and TOTAL2 charts support a macro rally

  • Altseason 2025 may have officially arrived