July Watchlist: 4 Altcoins That Could Soon Outperform the Market

Bitcoin is approaching its all-time high, but the altcoin market is still lagging behind, with many tokens falling nearly 50% from their peaks. While most of the market remains quiet, some altcoins like XRP are showing signs of bullishness. In addition to XRP, other projects like Chainlink, SEI, and SUI also have important updates this month that could create new price movements. XRP XRP has traded in a narrow range of $2 to $2.40 over the past three months, but July could be an important month for this token. A technical pattern known as a "symmetrical triangle" has formed on the XRP chart, and this usually means that a breakout is imminent. To confirm this, XRP will need to break through the resistance level of $2.40.

Currently, XRP is priced at around $2.23 and experts are closely monitoring this decisive move. Chainlink Chainlink continues to be one of the most important infrastructure projects in the cryptocurrency space, even though its price has not reflected that recently. Despite partnerships with major companies like Visa and the role of this company in providing smart contracts and real asset data on the blockchain, LINK is still struggling to rise higher.

Currently trading around $13.24, the next important level is $18. If Chainlink can hold above that level, it may open the door to a bullish move up to $24 or even $32 by the end of the year. SEI The latest price fluctuations of SEI show signs of a comeback. After a poorly handled airdrop in the past, the project has regained its growth momentum, especially after Circle, the issuer of the USDC stablecoin, held an impressive amount of SEI tokens.

This news has driven the price to increase by 47% in the past month, with SEI currently trading at over $0.28 and standing out as one of the best-performing altcoins in July. SUI Finally, the SUI network has made progress. Although the altcoin market in general is facing difficulties, SUI is still actively operating behind the scenes. In the past nine months, it has attracted the interest of institutional investors, with 21Shares even applying for a U.S.-based SUI ETF.

SUI has recently surpassed an important milestone, exceeding $500 billion in total token volume. The price of SUI is currently around $2.78, and analysts say this is a good entry point for long-term holders. Some predictions suggest the price could reach $15 by the end of 2025.