Best Altcoins to Buy Today, August 12 – ETH, XRP, LINK

Highlights:

• The best altcoins to buy today are Ethereum, XRP, and Chainlink, each showing strong growth potential.
• Ethereum eyes $5,210 next, with long-term holders turning bullish after months of steady gains.
• XRP’s breakout pattern hints at a possible rally toward $34, echoing its historic surge.

Despite kicking off the week on a bullish note, the crypto market has faced a setback as the overall market cap drops 2% to $3.96 trillion. Following this latest setback, most of the assets have shed their recent gains. The 24-hour trading volume, however, has increased to $190 billion, which points to market activity. In the section below, let’s take a look at the best altcoins to buy today, such as Ethereum, XRP, and Chainlink.

Best Altcoins to Buy Today

1. Ethereum (ETH)

The second-largest cryptocurrency, Ethereum, has been on an explosive ride recently, recording surges of 17% and 45% on the weekly and monthly charts, respectively. This rally saw the altcoin climb above the $4,300 mark before facing a minor correction following the broad market decline. As of this writing, ETH is resting around $4,285 with a market cap and trading volume of $517 billion and $45 billion, respectively.

According to analyst Ali Martinez, the next targets of the ETH can be located at $5,210 and $6,946 based on the MVRV Pricing Bands. The current level is above the 1.0 RP line at $2,170, which presages considerable strength in the market. The price action has been solid, and it has drawn the focus of the analyst to examine the impending zones of resistance.

$5,210 and $6,946 are the next targets for Ethereum $ETH, according to the Pricing Bands. pic.twitter.com/hKJNn0RKYF

— Ali (@ali_charts) August 12, 2025

Moreover, the long-term holder sentiment, which was on the stage of capitulation in the previous four months, has turned to belief. The shift follows an upward trend and an improved market stability. Investors looking into the best altcoins to buy today may find the recent movement and technical aspects of Ethereum a key point of interest.

2. XRP

XRP has declined by over 4% over the past 24 hours, reversing the recent rally observed following the joint conclusion of its case with the SEC. Currently, the XRP price is trading around $3.15 with a 13% surge on the weekly chart. Its market cap has declined to $186 billion while the trading volume surged to $9 billion. 

XRP has exhibited a breakout pattern that market analyst Gert van Lagen considers to be a major price action. The price recently concluded a seven-year double bottom chart pattern. The breakout took place when the price moved past the neckline, as shown in the chart by a red cross. After the movement, XRP retested the neckline, as shown on the blue dot, and held up above it.

$XRP [2W] – Ripple is ready to rip.

The 7-year double bottom has broken out at ❌
The neckline was successfully retested at 🔵

ATH cleared — first target near ~$34, at 2.00 fib. extension of double bottom.

–> Compare with 2014-2017 setup pic.twitter.com/aVk0lxp03O

— Gert van Lagen (@GertvanLagen) August 11, 2025

The current setup resembles the one between 2014 and 2017, during which the next breakout caused a sharp rally. Van Lagen analysis estimates that a first target could be up to about $34, which makes it one of the best altcoins to buy today. This target aligns with the 2.00 Fibonacci extension mark of the double bottom model. The breakout has taken out the previous all-time high, which is an indication of a strong bullish run.

3. Chainlink (LINK)

Chainlink has been one of the best-performing tokens recently, with a 40% surge over the past 30 days. In addition, the altcoin has surged by 27% on the weekly chart, with the price exceeding the key psychological level of $22. However, as of this writing, LINK has corrected to $21.46 with a market cap of $14 billion.

The price structure of Chainlink displays a definite macro count, according to market analyst More Crypto Online. The chart analysis indicates the potential increase to cycle tops of more than $100. The analyst identifies, however, $47 as an important initial target. This region aligns with a possible high of the yellow wave (b), making it a key region to monitor.

$LINK could reach cycle highs north of $100 in my view. However, I see $47 as first key target and we have to see how the price reacts to this region. This is where yellow wave (b) could top.
Its macro count makes it one of the more reliable charts. Parameters are very clear on… pic.twitter.com/P2ShepGb2l

— More Crypto Online (@Morecryptoonl) August 11, 2025

As the analysis of the chart indicates, the parameters of the chart within the asset LINK are clear, unlike in other assets. Clear Fibonacci levels add to its technical clarity. Although long-term forecasts remain above $100, short-term fluctuations need to be monitored by investors. LINK remains among the best altcoins to buy now, as attention on $47 might prove essential for planning entries or exits.