These 3 Altcoins Could Explode in September | Credit: Hameem Sarwar
Share
Key Takeaways
Altcoins have outperformed Bitcoin (BTC) since June.
Solana (SOL), XRP, and Litecoin (LTC) have bullish formations.
Which of these three bullish altcoins will lead in September?
Altcoins are stealing the spotlight from Bitcoin (BTC) as the market heads into September, with several cryptos forming bullish setups.
Solana (SOL), XRP, and Litecoin (LTC) show strong technical signals that could position them for explosive moves.
The big question is which of these three altcoins will take the lead and set fresh all-time highs.
Are Altcoins Outperforming Bitcoin?
Altcoins have outperformed Bitcoin considerably since June, when the Bitcoin Dominance Rate (BTCD) reached its cycle high.
After a 15% percentage drop in Bitcoin’s dominance, the BTC price has barely moved, while several altcoins have reached new all-time highs.
Get These Top Crypto Casino Offers Now!
Sponsored
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
The wave count suggests that TOTAL3 is in the fourth wave of a five-wave increase, which is shaped like a symmetrical triangle.
Once the triangle ends, TOTAL3 could rally and reach a new all-time high between $1.29 and $1.34 trillion, created by different Fibonacci ratios.
So, altcoins other than Ethereum could soon be due for a significant increase.
Let’s analyze three that can reach new all-time highs in September.
Solana All-Time High
The SOL price trades inside a critical horizontal resistance area, which makes it the riskiest pick out of the three bullish altcoins.
SOL trades inside the long-term horizontal resistance at $208, between the 0.5-0.618 Fibonacci retracement resistance levels.
However, with high risk comes high reward, as the price of Solana has been following a parabolic ascending support trend line since March.
If the SOL price breaks out, it could follow the parabola toward a new all-time high, and get there quickly because of the lack of overhead resistance.
The first target is between $4.04-$4.53, created by different Fibonacci ratios.
If the XRP prediction transpires, the price will reach a new all-time high.
Best September Altcoins
Altcoins have clearly gained momentum while Bitcoin’s price action remains relatively stagnant.
With Solana testing key resistance, Litecoin preparing for a crucial breakout, and XRP on the verge of a wave-five rally, the stage is set for an altcoin explosion in September.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
