Top 3 Altcoins to Buy Before Bitcoin’s Next Rebound

XRP: The Payment Giant Among Altcoins

Despite the cautious climate ahead of the Federal Reserve’s FOMC meeting scheduled for late October, many analysts view this correction as a healthy adjustment. The current deleveraging eliminates overexposed positions and shakes out weak hands, creating favorable conditions for a new phase of accumulation on altcoins before the next bull run.

First and foremost, XRP currently holds the third position globally in terms of market capitalization with over $133 billion, confirming its status as a pillar in the crypto ecosystem. The native token of the Ripple network, designed to directly compete with the SWIFT system in cross-border payments, has recorded an annual performance of 304%, reaching a peak of $3.65 on July 18. This surge significantly outperforms Bitcoin’s 56% gain over the same period, demonstrating the asset’s relative strength.

The recent launch of the dollar-backed stablecoin RLUSD marks a major strategic milestone for Ripple. This initiative aims to capture a significant share of the rapidly expanding stablecoin market, estimated to be worth several hundred billion dollars. Endorsement from the United Nations Capital Development Fund and partnerships with major American banking institutions strengthen XRP’s institutional credibility. Growing regulatory support and persistent rumors of spot XRP ETF approval by mid-October could catalyze a major bullish movement.

From a technical perspective, XRP’s Relative Strength Index (RSI) currently sits at 29, indicating markedly oversold conditions. Historically, such readings have often preceded significant rebounds. Nevertheless, consolidation between its trendline at $2.4 and its support at $1.9 is likely in the coming weeks.

If institutional momentum accelerates with ETF approvals and clear crypto legislation in the United States, a price target between $5 and $10 becomes realistic for the coming months.

Solana: Rising to Challenge Ethereum

Solana maintains its position as an ultra-high-performance blockchain with a market capitalization approaching $97 billion and total value locked (TVL) exceeding $10.6 billion in its DeFi ecosystem. The SOL token currently trades around $186, after hitting a low of $100 last April. This gradual recovery demonstrates the ecosystem’s resilience and renewed developer interest in this high-performance blockchain.

Excitement is building around a potential approval of spot Solana ETFs in the United States next month. Such regulatory validation could trigger a wave of institutional investments comparable to that observed during the launch of Bitcoin and Ethereum ETFs. Growing regulatory clarity in the United States, combined with Solana’s continuous technological advances in scalability and transaction costs, positions SOL as a serious competitor to Ethereum in the smart contract space.

Technical analysis reveals an RSI of 37 for SOL, indicating remarkable resilience given the state of the crypto market after the October 10 crash. Its maintenance above the median band of the FBB on the daily chart offers an opportunity not to be missed to invest in one of the best-performing altcoins in recent weeks. The next targets are at $212 and $221 with support down to $173.

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Dogecoin: The Memecoin King Heading to $1?

Dogecoin remains the undisputed leader in the memecoin sector with a altcoins market capitalization of $27 billion and a loyal community dubbed the “Doge Army.” Launched in 2013 as a satirical project, DOGE became a cultural phenomenon in 2021 thanks to repeated endorsements from Elon Musk, Snoop Dogg, and Gene Simmons. Unlike many ephemeral memecoins, Dogecoin has gradually developed concrete use cases that give it legitimacy beyond the simple viral effect.

The token is currently trading near $0.1766, down 11% during the last overnight session, reflecting the general market correction. The memecoin sector as a whole, valued at approximately $57.4 billion, has fallen by 10%, amplifying the performance of the overall market. Despite this volatility, DOGE maintains its status as a relative safe haven among memecoins, alongside majors like Bitcoin, Ethereum, and XRP.

Speculation around a potential spot Dogecoin ETF in the United States propelled the price beyond $0.25 in May. If a new bull market fueled by favorable regulation materializes, a return to the all-time high of $0.7316 reached in 2021 becomes a plausible scenario before year-end.

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