Top Discounted Altcoins to Buy Now: XRP, XLM, SUI, DOGE & ADA

As the cryptocurrency market experiences a period of correction following Bitcoin's decline to approximately $99,000, investors are actively seeking promising opportunities within the altcoin sector. Prevailing global uncertainties and economic anxieties have introduced volatility, impacting the performance of various altcoins. However, amidst the general market lull, select altcoins are quietly positioning themselves for a potential resurgence. Here's a look at some altcoins that may present discounted buying opportunities during this market downturn:

XRP (XRP)

Currently priced at $2.02, XRP has experienced a 2.3% decrease in the last 24 hours. While the prevailing trend leans bearish, XRP could potentially rebound in July, with projected price fluctuations between $1.91 and $2.22. Despite a decline exceeding 12% this month, analysts anticipate a potential 10% increase in July, contingent on favorable price movements.

Stellar (XLM)

Stellar is presently trading at $0.2303, reflecting a 2.6% decrease. June has seen Stellar decline by nearly 20%, indicating a bearish market sentiment. However, July appears more promising, potentially witnessing a rebound with prices ranging from $0.26 to $0.28 – a potential 23% gain from current levels. Signs of a bounce from key weekly support and the 0.786 Fibonacci level are emerging, forming a bullish falling wedge pattern. Should a breakout occur, potential targets could reach $0.46, $0.56, and $0.67.

Sui (SUI)

Sui is currently valued at $2.49, down 2.5% over the past day. Technical indicators predominantly suggest a bearish outlook, but a potential bounce could materialize if buying interest returns. Given its strong fundamentals and long-term growth potential, this dip might present a strategic opportunity, provided market momentum shifts favorably.

SUI has experienced a decline of over 30% this month and could potentially dip further towards $1.97. Nevertheless, analysts foresee a rebound in July, with targets ranging from $1.84 to $2.02 and a potential 19% gain from current levels.

Dogecoin (DOGE)

Dogecoin is presently trading at $0.1523, down 1.3% in the past day. June saw Dogecoin decline by over 33%, with bearish sentiment still present. However, analysts anticipate a rebound to approximately $0.17 in July, representing a potential 19% gain from current levels.

The outlook for Dogecoin in 2025 remains cautiously optimistic. Should the market recover and utility increase, DOGE could potentially climb back to the $0.30–$0.40 range and potentially retest its all-time high near $0.70.

Cardano (ADA)

Cardano is currently trading at $0.5463. Cardano’s Relative Strength Index (RSI) has fallen to 23, indicating deeply oversold conditions. Historically, this level has often signaled turning points, suggesting that a relief rally or trend reversal might be imminent. Cardano began June with a bounce from $0.51 but remains range-bound between $0.65 and $0.70. Sustaining a position above $0.60 could trigger a bullish breakout, with targets reaching up to $1.43. However, failure to do so could lead to a drop to $0.50.

Over the next 12 days, a move above $0.72 could potentially propel ADA up by 15–18%, particularly if market sentiment improves.