Thinking About Bitcoin? Here Are Altcoins Set to Deliver Greater Returns by 2025

Bitcoin has surged past the $100,000 mark, capturing global attention. Yet, some alternative cryptocurrencies are showing potential for even more remarkable growth soon. With altcoins like XRP, TRX, and SOL hitting new all-time highs, interest is turning toward digital assets that might outperform. This article delves into promising cryptocurrencies poised for significant gains by 2025.

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Ethereum (ETH)

Ethereum’s price has been fluctuating between $3648.43 and $4137.17, reflecting market volatility. Bears appear to have taken control, with the Relative Strength Index (RSI) at 38.07 indicating weak momentum. Over the past week, the price has decreased by 15.25%, underscoring bearish pressure. However, the price is nearing the nearest support level at $3340.38, which may provide a foundation for a potential rebound.

If Ethereum bounces back from the support level, it could aim for the nearest resistance at $4318. This would represent an increase of about 15% from the current price. Should buying pressure intensify, the second resistance level at $4807 becomes a target, suggesting a rise of approximately 32%. Currently, the 10-day Simple Moving Average at $3331.27 is below the 100-day SMA at $3461.32, reflecting bearish sentiment. However, the Stochastic indicator at 21.50 suggests the asset is nearing oversold territory, supporting the possibility of an upward movement.

XRP (XRP)

XRP is trading between $2.03 and $2.73, showing a period of consolidation. The price dipped by -7.81% over the past week, but it has surged by 77.14% in the last month, indicating strong upward momentum. The Relative Strength Index is at 42.72, suggesting the asset is nearing oversold territory, which might attract buyers. The Simple Moving Averages over 10 and 100 days are closely aligned, pointing to a potential trend development.

If XRP breaks above the nearest resistance at $3.02, it could aim for the next level at $3.73. Achieving these levels would represent significant gains from current prices. With a six-month increase of 366.94%, XRP has shown substantial growth. Traders are watching these key levels, anticipating a possible rally as optimism builds for an upcoming altcoin season and a broader crypto market bull run.

Solana (SOL)

Solana (SOL) is currently trading within the range of $205.85 to $239.87. Over the past week, the price has decreased by 18.80%, and over the past month, it has dropped by 30.50%. The Relative Strength Index (RSI) is at 38.29, indicating that the asset is approaching oversold territory. The MACD level is -1.376, and the Stochastic indicator stands at 26.34, both suggesting bearish momentum. The Simple Moving Averages over 10 and 100 days are $182.89 and $193.52 respectively, pointing to a short-term downward trend.

Despite the recent downturn, Solana may find strong support at $188, with a secondary support level at $154. If the bulls regain strength, the price could rise to the nearest resistance level at $256, and potentially reach the second resistance level at $290. This would represent an increase of approximately 22% to 40% from the current price range. Given the altcoin season expectations and the overall bullish sentiment in the crypto market, Solana has the potential to recover and possibly surpass these levels.

Conclusion

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