- ETH breaks range; new target between $5,600 and $6,900.
- XRP to rally in August, with highs of $4.50–$6.50.
- SUI, Sonic, and Render showing strength heading into bull cycle.
A key shift in the market’s structure suggests an ‘altcoin season’ could be near. USDT dominance is breaking down while Bitcoin’s dominance has lost key support; both early signs of capital flowing into altcoins.
With a most probable Bitcoin consolidation phase ahead in August, a month that has historically favored altcoin strength, analysts are now setting targets for how high top cryptos could go this cycle.
What’s Next For ETH, SOL and XRP?
An analyst has observed that ETH has finally broken out of its long sideways range, and it could reach anywhere between $5,600 and $6,900 in 2025.
These price levels are based on historical trends and technical indicators, and they might act as key resistance zones.
XRP is another altcoin that’s been in the news. If it follows the pattern of its previous cycles, it could rise to around $4.50, and possibly even touch $6.50 during peak bullish moments.
That’s a big jump from current levels, and many long-time XRP holders are hopeful this will finally be their breakout year.
Solana is also on many investors’ radar. It’s been a strong performer in the past, and if it can break out of its current consolidation zone, it could surge to around $431, with a more bullish target of $543.
According to the analyst, given its strong ecosystem and developer activity, these targets don’t seem too far-fetched.
Sui, Sonic and Render Eye Comebacks
SUI is a relatively newer project, but it’s showing strong momentum. If it continues to perform well, the price could rise to about $6.60, and possibly go as high as $9.60 if the bullish wave continues into the later stages of the cycle.
Related: Altcoin Update: Bullish Setups for AAVE, ONDO NEAR, With a Pullback Risk for XRP
Another interesting one to watch is Sonic, previously known as FTM. The coin has recently bounced back from a key support level, and if it continues to gain traction, it might move up to around $1.35 or even $1.50. This makes it one of the altcoins with solid upside potential for 2025.
Related: Crypto’s Odd Rally: SUI, SOL, LINK, ONDO, LTC, HBAR, AAVE, and ADA Surge Despite Bitcoin’s Dip
Render (RNDR) is another project showing signs of a strong comeback. If it manages to reclaim the $5.60 mark, there’s a good chance it could break higher, especially if market sentiment remains bullish.
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