3 Undervalued Altcoins Analysts Think Are About to Break Out in July

Several altcoins have caught the attention of analysts this July. These coins have received positive news, but their price performance has not yet reflected that momentum.

They may be undervalued or simply lacking a small push in investor sentiment to trigger a strong rally. This article highlights three such altcoins, based on the latest news and expert opinions.

1. Theta Network (THETA)

Michaël van de Poppe, a well-known crypto analyst, believes that THETA, the native token of Theta Network, is significantly undervalued despite the project’s strong fundamentals.

He noted that THETA is currently in an accumulation zone on the long-term chart. If the positive trend continues, he predicts the token could climb as much as 280%, a substantial gain for investors.

Michaël emphasized the recent positive news about Theta Network’s strategic partnership with FC Seoul. This football club is the first in the K League to adopt next-gen AI Agents powered by Theta Network.

“It’s another reminder that projects are significantly undervalued as they are fundamentally developing so much. From a TA perspective, THETA is consolidating on a higher timeframe support level. This is crucial, as it means that this is where buyers are stepping in,” Michaël van de Poppe said.

2. Polkadot (DOT)

Polkadot (DOT) is another altcoin under close watch, especially after Grayscale removed it from its Digital Large Cap Fund in July 2025. This decision triggered negative sentiment among investors and limited DOT’s recovery momentum.

However, analyst Joao Wedson believes DOT is in the final stage of its accumulation phase and may break out soon.

By tracking the Buy/Sell Pressure Delta, Joao observed that this metric is moving from negative toward zero. This implies that selling pressure is weakening while buying pressure is starting to dominate.

“DOT is about to exit an accumulation phase soon. Disregard the upcoming volatility or unwanted long liquidations. I don’t see any other path for Polkadot than going up!” Joao Wedson predicted.

Another analyst on X, Hardy, agrees with this outlook. He believes DOT is undervalued, is close to breaking out of its accumulation zone, and that now is a good time to buy before it potentially rallies to $10 or beyond.

3. Toncoin (TON)

The latest positive development for TON came on July 15, when the TAC blockchain launched its mainnet on the TON network.

TAC is a blockchain designed to integrate decentralized applications (dApps) using the Ethereum Virtual Machine (EVM) with the TON ecosystem and Telegram. This integration leverages Telegram’s user base of over 1 billion people, which is beneficial to both sides.

TON’s price performance has been lackluster so far this year. However, investor Alex Clay believes the coin is breaking out from a descending triangle pattern to the upside.

“It’s bottom for TON. 154 Days of Accumulating inside of Triangle above the Key Level,” Alex Clay predicted.

Despite the slow growth, TON has held above $2.7 and hasn’t formed lower lows. Glassnode’s Cost Basis Distribution data shows that most of TON’s supply was accumulated below $3.

With the price surpassing $3 in July, many analysts believe the accumulation phase is nearly complete, suggesting that TON may be poised for a strong rally in the second half of the year.

As of this writing, Bitcoin Dominance has dropped to 62.4%, its lowest since May. A falling dominance rate is a key signal for an incoming altcoin season, supporting the possibility of broader altcoin recovery this month.