Investors Anticipate July for Altcoin Performance
Release: 2024/07/02 08:05 Reading: 261
Altcoin Performance Predictions for July
Investors are eagerly awaiting July, as historical data suggests a potential surge in altcoin performance during this month. Despite a downward trend in June, Bitcoin has often seen a rise in July. This boost in market sentiment has many anticipating gains in altcoins.
Current Predictions for Popular Altcoins
- TON Coin
- The rising EMA20 indicates growing demand for TON Coin.
- The RSI supports this positive trend.
- Buyers aim to surpass $7.87, with potential gains to $8.29 if successful.
- Dogecoin
- Buyers hope to push the price back to the EMA20 level of $0.13.
- The SMA50 at $0.14 is a potential target if the upward trend continues.
- Dogecoin is likely to remain within the range of $0.12 to $0.18 for now.
- Breakouts above $0.18 could lead to increased volatility.
- Cardano (ADA)
- The ADA Coin price remains steady near $0.4 resistance.
- A recovery could result in gains to $0.43 and $0.51.
- Key factor to watch is Bitcoin's performance, as a drop below $60,000 may impact altcoins.
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