Price Analysis View Non-AMP

Top 5 Altcoins to Buy Right Now For 2x Profits Soon

Published by
Shrishesh Tanksalkar

As tensions escalate between the U.S. and Iran, triggered by missile strikes and rising geopolitical repurcussions, the global market’s reaction might surprise you. Despite alarming headlines, equities like the S&P and NASDAQ are climbing, oil prices are falling, and crypto sentiment is far from collapsing. Moreover, President Trump’s peace-leaning X post has added calm to the chaos.

Against this backdrop, crypto analyst VirtualBacon offers a refreshing perspective: “This is not a time to sell in fear, but a time to buy with conviction”. Intriguing enough? let’s dive into the analysis for more details.

Bitcoin Holds Steady in Bullish Territory?

The analyst highlights that Bitcoin remains structurally bullish above $85k, supported by its 50-week SMA. With the ideal entry between $94k and $95k, aligned with the 20-week SMA, he believes that the market weakness here is viewed as a gift, not a threat. A potential double-top pattern is forming, and if the neckline breaks, it could deliver the long-awaited entry point.

It is worth noting that the on-chain metrics show neutral sentiment, the Fear & Greed Index stands at 47, indicating indecision rather than panic. With BTC dominance at 64.5%, the flagship crypto continues to command the broader market.

Also read our Bitcoin (BTC) Price Prediction 2025, 2026-2030!

Must Buy Altcoins During the Dip

Ethereum recently touched $2,100, precisely where the 0.236 Fibonacci retracement lands. With ETH/BTC holding firm above 0.018, Ethereum remains in a macro uptrend. Analyst suggest this is a favorable range to begin scaling in, especially if the BTC price remains above $90k.

Successively, Solana is slightly weaker, but its $110–$120 zone is widely regarded as a value area. He mentions that, the failed inverse head & shoulders pattern doesn’t invalidate the setup unless SOL/BTC collapses. Meanwhile, XRP is nearing its prime entry zone between $1.74–$1.80. However, caution remains as traders await confirmation of a potential 3x move.

Also read our Solana (SOL) Price Prediction 2025, 2026-2030!

VirtualBacon highlights that TAO, a leader in the AI sector, is resilient. If BTC dips to $95k, TAO may offer a $200 entry opportunity with a $175 stop-loss. Meme coin PEPE is retesting its neckline at $0.009 after holding 15-month support at $0.005. With clean structure and growing volume, it remains a top pick among high-risk traders.

FAQs

Is this a good time to buy Bitcoin?

Yes, $94k–$95k is seen as a strong re-entry zone if the short-term pattern confirms.

Which altcoins look most attractive now?

Ethereum and Solana show favorable technicals, with ETH holding macro strength.

What’s the market mood right now?

Neutral. The Fear & Greed Index is 47, and despite war headlines, crypto cap is up 4.26%.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

Recent Posts

XRP Ledger Hits Record 7.3M Addresses, New Ethereum Layer 2 Launches With 25,000% Staking Rewards

There’s palpable excitement amongst crypto investors as Ripple (XRP) hits a new milestone of 7.3…

August 8, 2025

Jack Dorsey’s Block Adds $12.6M in Bitcoin, Hits $1B BTC Milestone

Block increases Bitcoin holdings to 8,692 BTC worth over $1 billion Q2 revenue hits $6.05B…

August 8, 2025

Pi Coin (PI) and Solana (SOL) Prices Slow To React To Crypto Pump; Remittix (RTX) Is Going Parabolic

Pi Coin (PI) and Solana (SOL) have shown mixed price movements, with Pi Coin continuing…

August 8, 2025

Smarter Web Adds 50 BTC, Now Holds $229M in Bitcoin

The Smarter Web Company has purchased an additional 50 Bitcoin, increasing its total holdings to…

August 8, 2025

GENIUS Act Triggers $9 Billion Stablecoin Surge, USDe & USDT Lead

The GENIUS Act has sparked a big boost in the stablecoin market. On July 18th,…

August 8, 2025

Ripple & SEC Jointly File for Dismissal, Fueling XRP Price Today

The XRP price today is experiencing a powerful surge, propelled by a much-awaited monumental news…

August 8, 2025