Analysts watch four key altcoins, XRP, LINK, SEI, and SUI, for a rally in July
XRP has formed a bullish technical pattern, while SEI has seen a 47% price surge
Chainlink and SUI are also showing signs of strength with new institutional interest
Bitcoin is nearing its all-time highs, but the altcoin market is still lagging behind, with many tokens down nearly 50% from their peaks. While most of the market remains quiet, a few altcoins like XRP are showing bullish signs. Alongside XRP, other projects like Chainlink, SEI, and SUI also have important updates lined up this month that could spark fresh price action.
Here’s a look at four altcoins that could make headlines in July.
XRP
XRP has traded in a narrow range between $2 and $2.40 over the last three months but July could be a big month for the token.
A technical pattern called a “symmetrical triangle” has formed on the XRP chart, and this often means a breakout is near. To confirm this, XRP will need to push past the $2.40 resistance level.
For now, XRP sits at around $2.23, and experts are watching closely for a decisive move.
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The post July Watchlist: 4 Altcoins That Could Outperform the Market Soon appeared first on Coin Edition.
