3 Altcoins to Watch in the First Week of July 2025
The post 3 Altcoins to Watch in the First Week of July 2025 appeared on BitcoinEthereumNews.com.
With the Q2 coming to an end today, many major altcoins are preparing for crucial developments that could shape their performance in Q3. Leading the list is XRP set to to debut its XRPL EVM Sidechain. Thus, BeInCrypto has analyzed altcoins for the investors to watch this week and where they could be heading as July begins. XRP XRP is currently trading at $2.17, just below the crucial resistance level of $2.23. The altcoin is awaiting strong bullish cues to push past this barrier. One potential catalyst could be the launch of a new sidechain. If successful, the introduction of the sidechain could boost XRP’s price by attracting new investors and increasing demand. Ripple’s recent partnership with Wormhole is expected to bring multichain interoperability to the XRPL with an upcoming launch of the XRPL EVM Sidechain. While the debut of the chain was anticipated for Q2, updates were only shared last week. This announcement sets the stage for a potential breakout in the coming months. The XRPL EVM Sidechain is expected to launch in Q3, and the build-up to this release could spark significant interest in XRP. If the excitement surrounding the launch drives demand, XRP could surpass the $2.23 resistance, possibly reaching $2.27 or higher. XRP Price Analysis. Source: TradingView Securing the 50-day EMA as support will solidify the bullish momentum. However, any further delays in the launch could cause XRP holders to sell, driving the price down to $2.08 support level. BNB BNB price has recently seen a 6% rise, signaling the end of its month-long downtrend. Trading at $653, the altcoin is now focused on securing the $647 support level. A successful defense of this price point will allow BNB to build on its recent gains and aim for higher targets. Another major development for BNB is…
Filed under: News - @ June 30, 2025 7:29 pm