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SOL, ETH And XRP: Top Altcoins To Stack Before Next Bounce

Published by
Anjali Belgaumkar and Sohrab Khawas

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.

Altcoin 1: Solana

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.

Altcoin 2: Ethereum

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.

Altcoin 3: XRP

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.

Other Altcoin Plays

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.

FAQs

How is the crypto market doing today?

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.

Which cryptocurrencies are considered best to buy now in July 2025?

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).

Is cryptocurrency still a good investment in July 2025?

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.

Anjali Belgaumkar and Sohrab Khawas

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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