3 Bullish Cryptos Ready to Explode If Ethereum Hits an All-Time High!

Updated

July 28, 2025

Gambar 3 Bullish Cryptos Ready to Explode If Ethereum Hits an All-Time High!

Jakarta, Pintu News – Ethereum’s rally in July has fueled bullish momentum in the altcoin market, causing Bitcoin’s dominance to fall sharply.

As Ethereum approaches its all-time high, these three altcoins are expected to benefit the most.

Let’s take a look at the chart to understand why this is happening and what might happen in the rest of the year.

Chainlink Prices are on the Rise

Chainlink was one of the first cryptos to rally at the start of the 2023 bull market. However, the rally stalled in March 2024, and since then the price has struggled to repeat its previous performance.

Between March 2024 and 2025, the price of LINK dropped by 60% and formed an ascending parallel channel pattern.

That all changed after the appearance of a bullish engulfing candlestick in June (green icon), which touched the bottom of the channel for the last time. Shortly after, LINK broke the long-term resistance trendline and surged by almost 100%.

Currently, the price of LINK is trading inside the $19 horizontal resistance area and is around the center line of the channel.

If Chainlink manages to break this resistance, the price is expected to rise rapidly towards the first target of $34.50. This target coincides with the channel resistance line and the 0.618 Fibonacci level of the previous rally.

In a more bullish scenario, LINK’s price could even reach $49.50, which would mean a complete exit from the channel.

Mantle Reaches Resistance Area

In the 180-day span between January 6 and July 5, the price of Mantle decreased by 60%, touching a low of $0.56. However, the trend was completely reversed in July, triggering a 50% price increase to reach the resistance area at $0.85.

Prior to the breakout, MNT’s price movement completed a five-wave bearish pattern (marked red), where the fifth wave formed a descending wedge pattern.

A breakout that occurs after this pattern indicates that the correction phase has ended.

However, there are two things to watch out for: the parabolic price surge since the breakout and the RSI which is already in the overbought area.

These kinds of gains tend not to last long in the long run. However, if the price of Ethereum goes up (ETH pump), the MNT rally could continue to break $0.85.

If that happens, the $0.85 area could turn into a new support level and MNT prices could return to the uptrend gradually. In that scenario, Mantle could potentially reach a new cycle high of $1.40.

Shiba Inu begins trend reversal

The last altcoin to potentially benefit from Ethereum’s rally is Shiba Inu , the largest memecoin in its ecosystem.

The price movement of SHIB is similar to that of Mantle (MNT), as both managed to breakout from a long-term descending wedge pattern. The breakout on Shiba Inu occurred after a triple bottom pattern formed at the $0.0000115 support area (marked with a green icon).

Although SHIB has recorded the smallest gain so far since the breakout occurred, its future prospects could be the most bullish. This optimism is reinforced by the presence of large bullish divergences (marked orange) on the RSI and MACD indicators.

This kind of divergence is often an early signal of an uptrend reversal, which reinforces the validity of the SHIB price breakout.

In addition, the next resistance target is 120% above the current price, giving SHIB huge room for price appreciation throughout the rest of 2025.

Overall, as Ethereum moves closer to its new record high price in 2025, its three closest altcoins could potentially follow suit with a strong rally.

High correlation, bullish technical analysis, and close interconnectedness within the Ethereum ecosystem put these three altcoins in an excellent position to make significant gains throughout 2025.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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