Altcoin Performance Outlook for July
Historical data suggests that July may bring a potential increase in altcoin performance, particularly following negative Junes. With the recent higher low in Bitcoin (BTC), the crypto market is showing signs of stirring.
TON Coin
- Rising EMA20 indicates investor demand.
- RSI signals a bullish trend.
- Buyers must surpass $7.87 for a rally to $8.29.
- Loss of support at $7.04 could lead to a drop to $6.6.
Dogecoin
- Buyers aim to return to $0.13 (EMA20).
- Price remains at $0.125, with volatility likely above $0.18.
- Loss of support below $0.12 could target $0.1.
Cardano (ADA)
- Price remains near $0.4 resistance.
- RSI indicates balance.
- A recovery could lead to $0.43 and $0.51.
- BTC performance will be a key factor.