3 Altcoins to Watch in the First Week of July 2025

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As the second quarter ends today, many large altcoins are preparing for important developments that could shape their performance in the third quarter. Leading the list is XRP preparing to launch XRPL EVM Sidechain.

Therefore, BeInCrypto has analyzed the altcoins for small investors to follow this week and predict their trends as July begins.

XRP

XRP is currently trading at $2.17, just below the important resistance level of $2.23. This altcoin is waiting for strong price increase signals to break through this barrier. One factor that could drive this is the launch of a new sidechain.

If successful, the sidechain introduction could boost XRP price by attracting new investors and increasing demand.

Ripple's recent partnership with Wormhole is expected to bring multi-chain interoperability to XRPL with the upcoming XRPL EVM Sidechain launch. Although the chain's launch was expected in the second quarter, updates were only shared last week. This announcement sets the stage for a potential breakthrough in the coming months.

The XRPL EVM Sidechain is expected to launch in the third quarter, and preparations for this launch could stimulate significant interest in XRP. If the excitement around this launch drives demand, XRP could break through the $2.23 resistance, potentially reaching $2.27 or higher.

XRP Price Analysis.XRP Price Analysis. Source: TradingView

Maintaining the 50-day EMA as support will strengthen the upward momentum. However, any further delays in the launch could cause XRP investors to sell, pushing the price down to the $2.08 support level.

BNB

BNB's price recently increased by 6%, signaling the end of a month-long downtrend. Trading at $653, this altcoin is currently focused on maintaining the $647 support level. If successfully protected, BNB could build on recent gains and target higher objectives.

Another important development for BNB is the upcoming Maxwell Hard Fork, expected on 06/30. This Hard Fork will reduce block time from 1.5 seconds to 0.75 seconds, allowing faster transaction completion. This update could improve overall network performance, enhance investor confidence, and push BNB's price higher.

BNB Price Analysis.BNB Price Analysis. Source: TradingView

The Parabolic SAR indicator is currently below the candles, signaling continued upward momentum for BNB. The next resistance is at $686, but the altcoin must first maintain the $647 support. If this support holds, BNB could target $686. However, if the price fails to maintain $647, BNB could drop to $618, invalidating the price increase prospects.

Polygon (POL)

POL's price recently bounced from the $0.171 support but continues to struggle below the $0.190 resistance. This consolidation follows a 25% drop in mid-June. The current sideways movement indicates uncertain market sentiment, with a breakout depending heavily on upcoming developments and broader market conditions.

Polygon is preparing for an important network upgrade that will improve its scalability. By early third quarter, the network is expected to process 1,000 transactions per second with completion times under five seconds. This upgrade could significantly improve the platform's performance, attract investor interest, and potentially drive the altcoin's price higher.

POL Price Analysis.POL Price Analysis. Source: TradingView

The Chaikin Money Flow (CMF) indicator shows Polygon's inflow gradually increasing, signaling growing interest. If this trend continues, POL could break through the $0.190 resistance and rise to $0.204. However, if momentum stalls, POL might fail to overcome resistance and drop below $0.171 and slide to $0.167, invalidating price increase prospects.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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