The downtrend in the market has investors seeking secure altcoins to purchase. Most coins are weak, yet Solana, HBAR, and MAGACOIN FINANCE are tokens that are doing well. These names are getting real attention from analysts as buyers search for the best setups before the next bull cycle.
XRP Under Selling Pressure
XRP has fallen once again below the $3 mark, and it is trading between $2.95 and $2.99. The volume of sales has been rising, and open interest is declining. This pressure shifts focus to support at $2.85. Failure to do so might cause a descent of XRP towards $2.70. The resistance is still within the range of 3.10 and 3.20.
Analysts emphasize that 94 percent of holders are already in profit, and profit-taking is frequent. There is still hope regarding ETF approvals, but the near-term feeling has been bearish.
Shiba Inu Still Range-Bound
Shiba Inu remained stagnant between $0.0000126 and $0.000013. It lacks momentum and stands in danger of dropping another zero in case support at $0.0000120 is breached. Predictions indicate a sideways movement until late August. Analysts are optimistic there could be a rally to around the $0.0000165 level in September should sentiment flip, but there is presently not strong price action.
Solana Sees Strong Selling
Solana had reached the $200 mark and then fell to $181.16. The amount of volume grew with more than $85 million worth of SOL transferred to exchanges by whales in just 24 hours. This created liquidations and selling pressure. Nevertheless, Solana remains technically impressive.
It has demonstrated actual scaling by completing more than 107,000 transactions per second. Analysts are divided, as bulls are indicating that there are higher lows, and the trend could still result in a breakout. Bears caution that deleveraging can persist ahead of another rally effort.
Binance Coin Holds Strong Support
The current price of BNB trades confidently as long as the $604 support is held. Analysts predict a range of between $582 and $1000 in case of a bull run. Under more positive conditions, potential upside could push as high as $1,400. Its performance is linked to Binance trades and BNB chain updates.
Hyperliquid Gains DeFi Traction
Hyperliquid is a popular name that is attracting DeFi. Projections for 2025 range between $15 and $80. Long-term predictions are as high as $185 in 2030. Interest is increasing with rising DEX volumes and total value locked. Its smaller community holds promise of high returns, particularly to early adopters.
MAGACOIN FINANCE—Analysts Eye 70x Upside
MAGACOIN FINANCE is being listed as one of the top presale tokens in the 2025 category. Its initial setup is likened to Dogecoin before its break-out, where analysts indicate a 70x upside potential in the next cycle. The comparison has led to more demand in its presale. The investors value its thin tokenomics and simplicity of the design, which can scale long-term.
It is widely considered that MAGACOIN is one of the cleanest new coins entering the market. The buzz is not only drawing retail buyers but also early adopters of other larger projects. With such a performance trend, there is a probability of MAGACOIN being at the top of the leading altcoins into the next bull cycle in 2025.
Hedera Hashgraph Maintains Steady Growth
HBAR is trading in the range of $0.24-$0.25with a market cap of over 8 billion dollars. August predictions include a low of about $0.25, with a high of about $0.31. Analysts forecast returns of around 20 percent by the end of the month. HBAR is currently trading below its all-time high of $0.40 but way above historic lows.
It has the power of enterprise adoption. It is supported by Google, IBM, and LG, which makes it more believable. The growth has continued to be driven by use cases in supply chain, digital identity, and sustainability reporting.
Final Take
Investors are taking the opportunity of the dip to amass healthy altcoins. Solana and HBAR are doing their part, but MAGACOIN FINANCE is taking over the scene. Many dealers consider it the most promising altcoin in terms of growth in the next cycle.
To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Access: https://magacoinfinance.com/access
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
The post 7 Best Altcoins to Buy the Dip — Solana, MAGACOIN FINANCE and HBAR Positioned for the Next Bull Cycle appeared first on Blockonomi.
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