Bitcoin has been a bit unpredictable again, bouncing back but not stabilizing, leading to a gradual decline. This trend is indeed frustrating to watch. However, mainstream assets are holding up decently, not disappointing us too much. But those altcoins, which had a bit of improvement, fell back down shortly after. It's truly nerve-wracking, especially for those who leveraged their investments; these ups and downs are too much for the heart to handle!
Now everyone is wondering, will the bull market return? Will the spot assets in hand become a burden? Don’t worry, let me analyze slowly. I think Bitcoin might fluctuate between $94,000 and $98,000 recently and might drop a bit more, but if it really falls to $90,000, it should stabilize.
The most important moment in the crypto world is about to arrive!
The next six months could be life-changing!
1. Most cryptocurrencies will bottom out in December, and the most wealth-generating altcoin season is about to arrive!
In the previous two cycles, altcoins broke historical highs in the 8th month post-halving and surged. This cycle corresponds to January 2025. History may not repeat itself exactly, but there will definitely be similarities!
In the next six months, BTC could rise up to 100% to $200,000, ETH could rise 2-4 times to $9,000-$15,000, and altcoins generally 5-10 times. Prepare for the bubble era!
Three altcoins with bull market potential of up to 10 times!
1. XRP
In the past month, XRP's price surged by 100%, reaching $2.24 during a strong market rebound. Ripple's legal dispute with the U.S. Securities and Exchange Commission (SEC) seems close to a favorable resolution, greatly boosting investor confidence.
Bullish market participants are defending the support level between $2.05 and $2.20, a key area attracting a lot of buyer interest. Analysts believe that a breakout above $2.60 could bring more upward momentum, with the next psychological target being $3.00. XRP will continue to be one of the most worthwhile altcoins to hold before 2025.
2. SUI
The price of Sui (SUI) has risen to $4.37, highlighting its increasing market appeal. The Layer 1 blockchain platform is recognized for providing fast, private, and secure digital asset management, making it a worthwhile altcoin to buy.
Sui is known for its efficiency, and its Total Value Locked (TVL) is steadily rising. Analysts believe this momentum indicates investor confidence in the altcoin season of 2025. With its innovative smart contract solutions, Sui continues to position itself as a top competitor among altcoins in the fiercely competitive blockchain ecosystem.
3. DOGE
Dogecoin is a well-known meme-based cryptocurrency that I have always been optimistic about. Despite some market adjustments, the price has recently surged significantly. DOGE's price has risen 250% over the past year, trading at $0.3199 at the time of writing. This astonishing growth highlights its increasing popularity among investors and its appeal as a potential altcoin to hold before the anticipated altcoin season of 2025.
It is noteworthy that whale trading involving Dogecoin has surged, reflecting increased activity from large holders. In late October, there was a sharp increase in trades exceeding $100,000. This trend indicates growing interest from whales, which could further influence market dynamics and drive the ongoing price trajectory of Dogecoin.
With the dynamics of the cryptocurrency market changing, focusing on holding altcoins can yield substantial returns. These four assets possess growth potential, innovation, and community-driven resilience, making them must-watch assets for 2025.