Top Cryptos to Watch: BTC, ETH, XRP, SOL, and More in 2023

Top Cryptos to Watch: BTC, ETH, XRP, SOL, and More in 2023
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July 2025 Cryptocurrency Market Outlook: Bitcoin and Altcoin Predictions

Bitcoin Price Forecast

Following a brief decline below the $100,000 mark in mid-June, Bitcoin has staged a remarkable recovery, currently trading at approximately $118,400 as of July 22, 2025. After testing the 50-day Exponential Moving Average (EMA) around $108,700, the cryptocurrency is now experiencing a period of consolidation. The immediate outlook appears somewhat uncertain, with momentum indicators lacking strong bullish signals. Traders can anticipate Bitcoin’s price to fluctuate between $116,500 and $119,000. A decisive breakout above the $119,000 to $120,000 range could pave the way for a rise toward $122,000 to $124,000. Conversely, a drop below $116,000 may trigger a more significant pullback, potentially revisiting the $114,800 to $112,000 levels.

Bitcoin’s price trajectory will significantly influence the performance of major altcoins throughout July 2025. A strategic approach would involve purchasing altcoins during Bitcoin’s support phases and selling them as Bitcoin approaches its resistance levels.

Ethereum Price Forecast

Ethereum has successfully reclaimed its 200-day EMA, currently hovering around $2,880, and has formed a bullish symmetrical triangle over the past month. The cryptocurrency is positioned just below a multi-month resistance zone between $3,800 and $4,100, with solid support established at $3,610 to $3,550. Institutional interest in Ethereum is on the rise, with record-breaking ETF inflows and significant whale activity above the $2,520 mark. A breakout above the $3,800 to $3,850 range could trigger a swift rally toward $4,100 to $4,500, while a pullback to $3,550 to $3,610 may present a buying opportunity. However, a decline below $3,525 could lead to a deeper correction toward $3,100.

XRP Price Forecast

Ripple’s XRP has decisively broken out of a multi-year symmetrical triangle pattern, currently trading around $3.67 after a remarkable 56% rally in July. Support is found between $3.55 and $3.60, while resistance is forming at the $3.84 to $4.00 range. This breakout is fueled by strong institutional interest, including Ripple’s application for a U.S. banking license and significant inflows into crypto funds following the enactment of the GENIUS Act. Momentum indicators like the Relative Strength Index (RSI) are neutral, indicating potential for further movement based on broader market conditions. With Bitcoin maintaining its strength above $118,000, XRP’s bullish setup remains intact, with a potential target of $6.00. If resistance at $3.84 is surpassed, XRP could trade within a bullish range of $3.55 to $4.00, with upside targets of $4.50 to $6.00. A minor pullback to $3.30 to $3.55 would be viewed as a retest of previous triangle resistance.

Solana Price Forecast

Solana continues to show strong momentum in 2025, bolstered by a revitalized DeFi and NFT ecosystem alongside increasing institutional interest. Currently trading around $200.56, Solana has reclaimed the crucial $200 level and is comfortably situated within its upward channel. Daily decentralized exchange (DEX) volumes have surged to $1.4 trillion in July, with staking ETFs attracting significant inflows. Technically, Solana is targeting the $165 to $170 zone after reestablishing support at $150. A breakout above $170 could propel the price toward the pre-March high of $185. Given Bitcoin’s current trading position, Solana is well-positioned for continued upward movement, potentially reaching $170 to $185. However, a dip in Bitcoin could pull Solana back to the $140 to $145 support range, presenting attractive buying opportunities.

Dogecoin Price Forecast

Dogecoin has experienced a quiet appreciation amid broader market optimism and discussions about its integration with X (formerly Twitter). Currently stabilizing around $0.26 to $0.27, Dogecoin has regained support at $0.15 to $0.17, with strong whale accumulation contributing to its momentum. Technically, Dogecoin shows signs of bullish divergence on the MACD and remains above its 50-day EMA, setting the stage for a potential breakout. A move above $0.30 could trigger a wave of buying interest, potentially pushing Dogecoin toward $0.32 to $0.45 in the short term. However, if Bitcoin falters and drops to the $110,000 range, Dogecoin may retreat to the $0.20 to $0.22 levels, with deeper pullbacks around $0.20 offering strategic entry points.

Hyperliquid Price Forecast

Hyperliquid (HYPE) is currently trading between $44 and $45, following a peak in June. The cryptocurrency is consolidating within a bullish pennant pattern, supported by a notable increase in trading volume driven by rumors of a Binance.US listing and renewed whale accumulation. On the daily chart, HYPE remains well above its 50-day Simple Moving Average (SMA) of around $40. The pennant formation, combined with bullish indicators, suggests readiness for a breakout. A move above $46 to $47 could propel HYPE toward new all-time highs around $50 to $57. However, a pullback in Bitcoin might drag HYPE down to the $35 to $38 range, aligning with technical support from the pennant base.

Sui Price Forecast

Sui is currently consolidating within a tight range of $3.82 to $3.92, having rebounded from crucial support above $3.80 following a sharp rally in July. The narrowing Bollinger Bands indicate a potential breakout, with momentum indicators remaining bullish. Daily support is found at $3.80 to $3.85, while resistance is clustered around $4.05 to $4.10, just above the upper Bollinger band.

Chainlink (LINK) has gained traction in both decentralized finance (DeFi) and traditional finance (TradFi), with European banks integrating its Cross-Chain Interoperability Protocol (CCIP) for foreign exchange settlements. Currently forming a bullish flag near $19.40, LINK has reclaimed support around $17.50 to $18.00, with trading volumes surging by approximately 70% in the past week. The upcoming CCIP v2 upgrade and expanded bank collaborations could drive LINK above the $20 to $21 range, potentially reaching $22 to $23 if momentum continues.

Avalanche Price Forecast

Avalanche (AVAX) is currently trading around $25.39, well above the previously mentioned resistance zone of $17.50 to $18. Following a recovery from mid-June lows of approximately $15.50, on-chain indicators are turning bullish, with daily transactions recently hitting around 20 million. AVAX has completed a double-bottom pattern, with a breakout above the neckline near $18.20 propelling the price toward the next resistance zone of $25 to $26. If AVAX continues its upward trajectory, it could target $30 to $32, with a more aggressive aim of $35 to $40 driven by strong on-chain activity and growing enterprise adoption.


Disclaimer: This article is for educational purposes only and does not constitute investment advice.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.

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