With Q3 on the horizon, crypto analysts are quietly positioning themselves for what could be a breakout quarter. While Bitcoin and Ethereum dominate headlines, smart money is turning to a handful of altcoins with strong technical setups and favorable sentiment. In this report, we spotlight three promising altcoins—Sonic, Algorand, and Ethena—that analysts believe could deliver major upside in the coming months.
Sonic (S) Shows Volatile Moves but Holds Growth Promise
Source: tradingview
Sonic is currently trading between $0.28 and $0.37. The coin has seen a jump of almost 20% in the past week, which shows a positive short-term trend. However, it has dropped about 19% over the last month. There's potential for growth if it can break the $0.41 resistance level. If it rises to the second resistance at $0.50, it could increase by over 35% from its current high. Support at $0.23 may cushion falls, suggesting stability. The current average prices suggest a steadier wind than past months, and the RSI signals more room for growth.
Algorand's Price Hints at Possible Gains
Source: tradingview
Algorand is currently trading between 17 and 20 cents. The price has moved up over 12% in the past week, but it has also seen a drop of over 46% in the last six months. The coin is facing its nearest challenge at 21 cents, with stronger resistance at 24 cents. Algorand supporters could be bullish if the price rises past these levels, potentially gaining more than a quarter of its value. The coin's relative strength index is just shy of 45, suggesting it might be gaining energy for an upward movement. Despite recent drops, any push above current challenges could signal a new and positive trend.
Ethena (ENA) Shows Steady Climb but Faces Key Hurdles
Source: tradingview
Ethena is showing some life, with its current price between twenty-four and thirty cents. In the past week, it climbed by about thirteen percent. Despite a tough month and half-year, there's potential for further growth. The current price is close to its ten-day average, suggesting some stability. If Ethena breaks the nearest resistance at thirty-two cents, it might aim for thirty-seven cents, marking a climb of over twenty-three percent from its lower range. Its relative strength index hints at a balanced market, while the Macd suggests slight bullish momentum. However, the journey upward will require overcoming a few key levels.
Conclusion
As market momentum builds ahead of Q3, these three altcoins are drawing serious attention from analysts looking for high-upside opportunities beyond the majors. Sonic’s price swings hint at a volatile but promising breakout, Algorand is regaining strength after months of consolidation, and Ethena is showing technical signs of a slow, steady climb. If broader market sentiment holds, these tokens could lead the next altcoin rally—making now a compelling moment to watch or accumulate.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
