Bitcoin Takes a Dip, But These 5 Altcoins Are Poised for a Rally
Bitcoin’s price slipped below $115,000 on Friday, marking a nearly 1% decline for the day. However, despite this downturn, several altcoins in the top 100 cryptos are showing signs of resilience and potential for future gains. Among these, five key altcoins have weathered the storm and could extend their rally in the coming weeks.
Crypto Market Performance
A closer look at the weekly price performance of cryptos reveals some interesting trends. Toncoin, for instance, has seen a 14% increase in value over the last seven days, with an additional 1% gain on the day. Story, another notable altcoin, has rallied 15% in the same timeframe, although it did experience a 2.5% price drop on Friday. XDC Network, Cronos, and TRON have also posted gains, with XDC Network leading the pack at 16% and TRON showing a modest 4% increase.
Crypto Market Sentiment
Despite a 7% drop in total crypto market capitalization overnight, the Crypto Fear & Greed Index remains unchanged, indicating that traders are still bullish about the market. This optimism is likely fueled by SEC Chair Paul Atkins’ recent bullish speech, in which he suggested that the SEC’s evolving approach to crypto could usher in a “Golden Age” under the Trump administration. With Bitcoin holding steady near the $115,000 level and top altcoins consolidating above key support levels, traders are eager to capitalize on potential gains and avoid missing out on the action.
DeFi Summer and Altcoin Season Analysis
While the altcoin season index is currently reading 37 out of 100, indicating that top altcoins have yet to outperform Bitcoin in the 90-day timeframe, there are signs that the tide may be turning. The total value locked (TVL) in DeFi has climbed back to near pre-FTX collapse levels, exceeding $135 billion and approaching the $138 billion mark recorded in May 2022. This resurgence in DeFi activity could be a harbinger of a broader altcoin rally, and traders are keeping a close eye on the altcoin season index to plan their next moves.
Altcoin Spotlight
Let’s take a closer look at the five altcoins that are poised for a rally. Toncoin, currently trading at $3.5650, is showing signs of further upside potential, with technical indicators like the RSI and MACD suggesting underlying bullish momentum. Story, trading at $5.97, is close to the $6 psychological level and remains 25% below key resistance at $7.50. XDC Network, Cronos, and TRON are also exhibiting promising trends, with XDC Network trading at $0.09744 and Cronos and TRON showing potential for further gains.
Toncoin
Toncoin’s daily price chart reveals a potential breakout above $4, which could send the altcoin to test resistance at $4.5. However, a correction could also push the price to sweep liquidity at support around the $3 level.
Story
Story’s daily price chart shows the altcoin trading close to the $6 psychological level, with key support zones at $5.30 and $4. The RSI is above 70, suggesting overbought conditions, and a drop below 70 could signal a trend reversal.
XDC Network
XDC Network’s token is close to resistance at $0.104, with the next key level at $0.130. The technical indicators support the likelihood of further rally in XDC, and the token could re-test the resistances at R1 and R2 and target the 2025 peak at $0.156.
Cronos
Cronos is trading below resistance levels at $0.15 and $0.16648, and a correction could push the price to sweep liquidity at the $0.11752 support level. Traders need to watch the RSI and MACD closely before opening a position in Cronos, as the underlying bullish momentum may be fading.
TRON
TRON has been in an upward trend throughout 2025 and is currently hovering close to its 2025 peak at $0.3510. The token’s 2024 peak is at $0.45, and a sustained uptrend could push TRON to re-test its 2024 high. The RSI and MACD support the thesis for further gains in TRON, and the token could find support at $0.30 if there is a correction in the coming week.
Please note that this article is for educational purposes only and should not be considered investment advice. The content and materials featured are intended to provide a general overview of the crypto market and should not be used as the basis for any investment decisions.
