As Bitcoin flirts with its all-time high (ATH), market excitement is building. Experts highlight three altcoins—Ethereum (ETH), XRP, and Solaxy (SOLX)—that could ride BTC's bullish wave. Here's an in-depth analysis of their potential.
Bitcoin’s Technical Indicators Suggest Imminent ATH
Currently trading around **$107,600**, BTC consolidates below the **$110,000–$112,000 resistance zone**, supported by the 20-day moving average (~$105,500). Key signals suggest an ATH is near:
- Market cap: Exceeds $2.3 trillion.
- Daily RSI: Hovers at 56, indicating moderate upward momentum.
- Price targets: Analysts project $137,869 (+29%) in the near term, with optimistic scenarios reaching **$150,000–$200,000** if resistance breaks.
The tightening Bollinger Bands and potential upper-band crossover further signal a bull run, which historically propels altcoins.
1. Ethereum (ETH): The Blue-Chip Altcoin
Price: ~$2,500 (below 20-day MA)
RSI: 47 (rebounding from oversold)
Key levels:
- Support: $2,390
- Resistance: $2,650
Catalysts:
- DeFi resurgence and Ethereum blockchain adoption.
- Projected rally to $3,000 if BTC surges.
Risks: A drop below $2,390 may trigger a correction to **$2,200–$2,250**.
2. XRP: Institutional Confidence Boosts Rebound
Price: $2.22 (mid-Bollinger breakout)
RSI: 51
Key levels:
- Upper Bollinger target: $2.31
- Next resistance: $2.40
Catalysts:
- Resolution of SEC litigation.
- Growth in RippleNet’s cross-border services.
👉 Why XRP could outperform in a bull market
3. Solaxy (SOLX): Solana’s High-Potential Layer-2
Presale: Raised $58M
Projected price: $0.0088 (+388%) by late 2025
Catalysts:
- Mainnet launch (July 7, 2025).
- Faster, cheaper transactions vs. Ethereum.
Bull run potential: +400% to $0.01+ if Layer-2 tokens gain traction.
FAQs
Q: How high could Bitcoin go after ATH?
A: Technical targets range from $137,869 to $200,000, depending on resistance breaks.
Q: Is Ethereum a safe bet during BTC rallies?
A: Yes, ETH historically benefits from BTC’s liquidity surges, especially with DeFi activity.
Q: What makes Solaxy unique?
A: Its Solana-based scalability and Ethereum compatibility position it as a top Layer-2 contender.
Final Thoughts
While Bitcoin leads the charge, ETH, XRP, and SOLX offer strategic diversification. Monitor key levels and broader market trends to capitalize on the impending bull run.