"Top Altcoins for February 2025: Bullish Outlook on Solana and Lido Dao"
1min read Top Altcoins To Buy For February 2025: A Bullish Outlook
The crypto market has witnessed a strong bullish recovery during the second half of January, with multiple altcoins heading towards new all-time highs. As the market sentiment turns positive, investors are eager to know which altcoins are undervalued and have high growth potential. CoinPedia's expert panel has uncovered the market sentiment and possible monthly price analysis of three undervalued altcoins.
Solana (SOL)
Despite a recent correction of 6.52% in seven days, the Solana price has jumped 12.82% over the past month and has a Year-to-Date return of +22.19%. This highlights an increase in the long-term bullish price action for the 5th largest cryptocurrency in the market.
The Relative Strength Index (RSI) continues hovering around its neutral point in the daily time frame with a bearish curve. Furthermore, the EMA 50-day acts as a support in the Solana price chart, suggesting increased buying pressure for the altcoin in the market.
Maintaining the price above its resistance level of $237.50 could set the stage for the price of Solana to head toward its high of $300. On the contrary, if the bears outrun the bulls, this could pull the SOL crypto toward its low of $210.
Lido Dao (LDO)
The LDO price has added 6.67% to its valuation in 24 hours and has jumped 14.18% over the past week. Notably, this altcoin has surged over 30% this year alone, resulting in it achieving a market capitalization of $2.044 billion.
The Moving Average Convergence Divergence (MACD) records a constant green histogram with its averages displaying a significant rise in the daily time frame. Moreover, with its SMA indicator constantly supporting the price chart, the LDO coin price may continue gaining value in the coming time.
If the market favors the bulls, the Lido Dao price will retest its upper resistance level of $3 this month. Conversely, an intensified bearish action could result 
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