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Investors Anticipate July Altcoin Trends

Release: 2024/07/02 08:47 Reading: 849

Original author:COINTURK NEWS

Original source:https://coinmarketcap.com/community/articles/668345353e950b49382a3300

Investors Anticipate July Altcoin Trends

Altcoin Trends Anticipated for July

Altcoin investors are eagerly awaiting July, as historical data suggests the potential for a price surge. Historically, negative performances of Bitcoin (BTC) in June have often been followed by bullish momentum for BTC and altcoins in July.

Current Altcoin Predictions

TON Coin

  • Bullish trend indicated by rising EMA20 and RSI.
  • Target of $7.87, with potential to reach $8.29 if key resistance is breached.
  • Support at $7.04, with a potential drop to $6.6 if lost.

Dogecoin (DOGE)

  • Buyers aim to regain EMA20 at $0.13.
  • Price stuck at $0.125, with a day's gain of 0.9%.
  • Range-bound between $0.12 and $0.18, with volatility expected if above $0.18.
  • Support at $0.1, with potential decline if broken.

Cardano (ADA)

  • Price hovers near resistance at $0.4.
  • RSI indicates stability.
  • Potential rise to $0.43 and $0.51 if an upward recovery begins.
  • BTC performance remains a key factor.

The predictions presented are subject to the performance of BTC and the overall market movement. Investors are advised to exercise caution and conduct their own research before making investment decisions.

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