Crypto Market Update: Altcoins Poised for Growth in 2025

Jakarta, Pintu News – May marked a significant turnaround for the crypto market, highlighted by Bitcoin reaching an all-time high price on May 22. As the dust settles, altcoins are beginning to carve out their space, with their dominance slightly increasing while Bitcoin’s share has experienced a slight decline. This shift has ignited buzz about a potential altcoin season unfolding in the latter half of 2025.

In this article, we’ll examine three promising altcoins—Avalanche (AVAX), Sui (SUI), and Litecoin (LTC)—that are showing substantial upward potential against Bitcoin and could outshine it by June 2025.

Avalanche (AVAX)

Avalanche has seen a challenging period against Bitcoin in recent months. Since December 2024, the AVAX/BTC pair has dwindled by over 65%, marking it as one of the largest corrections in the recent crypto landscape. However, signs indicate that this decline may be ending.

Since March, the rate of decline has notably slowed, and the pair is forming a series of higher lows, suggesting the possibility of a trend reversal.

Currently, AVAX appears to be completing a classic five-wave bearish pattern. Interestingly, the fourth wave showcases a symmetrical triangle, a common corrective pattern that supports the interpretation of Elliott wave analysis.

If we assume that the fifth wave is indeed the last in this downward sequence, there’s a strong possibility that AVAX could see a significant price bounce, setting an initial target around 27,000 satoshis, if not higher.

Momentum indicators like the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are also showing bullish divergence, marking a possible end to the downward trend and the dawn of a bullish phase for Avalanche.

Sui (SUI)

Turning towards Sui, this altcoin has demonstrated resilience and growth recently. After breaking out from a descending wedge pattern in April, SUI’s price surged, forming a five-wave bullish pattern that peaked at 4,095 satoshis on May 11.

Although there was a subsequent price dip, SUI bounced off a robust support zone around 3,200 satoshis—an area confluencing several vital support levels. This rebound indicates that the corrective phase may have concluded, potentially leading to a new upward trajectory.

If the positive trend continues, SUI could rise to the 4,930 satoshi mark, matching the length of its previous upward movement. The overall outlook for SUI remains positive as it continues to grow and attract attention among traders.

Litecoin (LTC)

Finally, let’s delve into Litecoin, which shares a narrative similar to that of AVAX. LTC has experienced a pronounced downward trend since its peak at ₿0.0015 in March. However, since April, its price has stabilized within a defined support area.

As with the other two altcoins, LTC is showing a notable bullish divergence in both its RSI and MACD indicators. If Litecoin can maintain the support level around ₿0.00087, the prospects for a substantial surge are encouraging. The potential target for LTC lies around the 0.382 Fibonacci retracement resistance area, approximately ₿0.0011.

Final Thoughts on AVAX, SUI, and LTC

Altogether, AVAX, SUI, and LTC represent promising investments for the month of June and beyond. With SUI initiating a trend reversal towards bullish growth, and both AVAX and LTC at critical stages of their correction phases, the stage is set for these altcoins to possibly eclipse Bitcoin in the coming months.

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Disclaimer
This content is designed to enhance readers’ knowledge and is derived from various trusted sources. It’s important to remember that past performance does not guarantee future results. Crypto trading carries inherent risks and volatility—always perform your due diligence before making investment decisions.