3 Altcoins to Watch in the Second Week of August 2025

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As August begins, a series of crypto tokens are preparing to witness significant network developments in the coming days. The weekend price surge has added momentum, and now many altcoins are heading towards profits.

BeInCrypto has analyzed three top altcoins that investors should pay attention to this week.

Stellar (XLM)

Stellar is expected to release its Q2 report this week, which will highlight recent developments and provide a preview of upcoming initiatives. The way the Stellar Foundation plans to develop its ecosystem could act as a catalyst for price volatility.

XLM has escaped the three-week downtrend, currently trading at $0.450, holding above the support level of $0.445. The upcoming report could play a key role in XLM's price, sparking new interest from investors and potentially pushing the altcoin higher.

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XLM price analysis.XLM price analysis. Source: TradingView

If the report creates a positive sentiment, XLM could break above $0.470, targeting $0.500. However, if investors start selling, XLM could drop to $0.424 or lower, potentially invalidating the price increase thesis.

Lido DAO (LDO)

LDO has seen impressive growth this week, rising 58% in just five days. Currently trading at $1.49, this altcoin is experiencing positive momentum, reflecting investor confidence. This growth signals potential for further development, with LDO aiming to break through resistance levels soon.

LDO is trading below the $1.56 resistance level, but the upcoming Lido Tokenholder update call could act as a catalyst for price movement. This call will be the first to outline the roadmap and adjust LDO's long-term goals with the protocol's success. This event could spark upward price momentum.

LDO price analysis.LDO price analysis. Source: TradingView

If the Lido update creates positive investor sentiment, LDO could break above $1.56 and potentially reach $1.82. However, selling pressure from investors could push the altcoin down to $1.34 or even lower, which would invalidate the current price appreciation prospects.

Arbitrum (ARB)

ARB is currently trading at $0.461, just below the $0.473 resistance level. This cryptocurrency is preparing for a significant event with the monthly unlocking of 92.65 million ARB tokens, valued at over $42.76 million. The token unlocking could create volatility, as such events typically exert price pressure.

Despite potential negative impacts from token unlocking, this altcoin has a Relative Strength Index (RSI) in the bullish zone. This suggests that broader market signals could offset negative effects, allowing ARB to maintain upward momentum. Positive investor sentiment could help maintain price stability through the unlocking event.

ARB price analysis.ARB price analysis. Source: TradingView

If market sentiment remains positive, ARB could continue to fluctuate below the $0.473 resistance, with the potential to break out towards $0.510. However, if negative unlocking impacts dominate, ARB could drop to $0.427, invalidating the current price appreciation prospects.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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