The crypto market might be choppy, but it’s creating opportunities for investors to stack promising altcoins before the next bounce. According to an analyst, with Bitcoin holding steady near $108,000, several altcoins are showing signs of bouncing back.
Solana (SOL) remains one of the top tokens to stack right now. Price recently bounced around the $150 support zone, and as long as it stays above $146, SOL could aim for $160-$165 in the short term. Solana continues to attract developers and is often seen as a high-potential layer-1 token for the next alt season.
Ethereum (ETH) is another solid bet, holding near its key $2,490 support. This zone marks ETH’s 200-day moving average and a crucial bullish level. If the market turns around, ETH could be one of the first majors to push higher, especially with activity on its network staying strong.
XRP’s latest chart action has traders watching closely as it approaches a critical resistance level, the 200-day moving average (MA). Historically, this level has acted as both strong support and resistance for XRP, and it’s currently blocking the token’s upward movement. For short-term, support levels to watch are around $2.31 and $2.295. These are possible dip-buy zones where a quick bounce might occur if the price drops.
Lastly, meme coins like Bonk (BONK) and Popcat (POPCAT) are on analysts’ radars for high-risk, high-reward plays. Bonk has been seeing fresh interest from smart money, while Popcat is testing key support around $0.285, with expectations of a short-term bounce from these oversold levels.
Virtuals is also hitting a big demand area near $1.47. With multiple indicators like trend lines and moving averages lining up, the analyst expects a bounce of 5-8% soon. It might not be a trend reversal yet, but it’s a spot where short-term upside could play out.
SUI is approaching its first major support at $2.78. If the dip continues, a stronger demand zone sits at $2.60. These levels could offer good entries for those looking to build positions at lower risk points.
As of July 8, 2025, the crypto market is showing mixed performance. Bitcoin is consolidating near $108,000, with some altcoins gaining while others show short-term weakness. The global crypto market capitalization is around $3.3 trillion. Institutional interest, particularly through Bitcoin Spot ETFs, remains strong, but caution exists due to geopolitical factors and upcoming tariff decisions.
Analysts suggest Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) as “lowest risk, decent returns” options due to their established adoption. Other promising altcoins include XRP, BNB, and SUI. For higher risk/reward, some analysts point to DeFi and AI tokens like Hyperliquid (HYPE), Ethena (ENA), and Virtuals (VIRTUAL), and meme coins like Bonk (BONK).
Yes, many experts believe cryptocurrency remains a good investment in 2025, especially considering growing institutional adoption, the approval of spot Bitcoin ETFs, and continued innovation in the Web3 space. While volatility is inherent, assets like Bitcoin are increasingly viewed as a hedge against inflation and a long-term store of value.
After a strong start to the week, market sentiment took a sharp turn as traders…
The Trump administration is taking another big step toward making the U.S. a global leader…
The co-founder of Cardano, Charles Hoskinson, has come up with an ecosystem treasury plan. This…
All eyes in crypto are on Washington. For the first time, US lawmakers are rolling…
Bitcoin price has surged significantly throughout the past week and closed the weekly trade on…
The crypto market is slowly waking up, and while big price jumps haven’t hit most…
