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Investors Eye July for Altcoin Surge

Release: 2024/07/02 08:47 Reading: 583

Original author:BH NEWS

Original source:https://coinmarketcap.com/community/articles/668347a33ada151e734df8e8

Investors Eye July for Altcoin Surge

Altcoin Surge Predicted for July

Altcoin enthusiasts eagerly anticipate July, expecting notable performance gains based on historical patterns. The recent surge in Bitcoin (BTC) following a June dip has boosted investor confidence.

TON Coin Prospects

TON Coin's bullish trend is evidenced by a rising EMA20 and RSI. Buyers need to breach the $7.87 resistance for continued momentum, potentially reaching $8.29. A dip below $7.04 could lead to a drop to $6.6.

Dogecoin Forecast

Dogecoin (DOGE) investors aim to reclaim the EMA20 level at $0.13, currently trading around $0.125 with a 0.9% daily increase. An uptrend could target the SMA50 at $0.14. Volatility is likely between $0.12 and $0.18, with $0.1 being the psychological support level.

Cardano (ADA) Predictions

Cardano's ADA Coin shows resilience, trading near the $0.4 resistance. An RSI midpoint indicates equilibrium, with potential for recovery to $0.43 or $0.51. BTC performance is crucial; a BTC dip to $60,000 could trigger sharper declines for ADA.

Key Takeaways

  • Monitor TON Coin's $7.87 resistance for future gains.
  • DOGE needs to break $0.13 to target $0.14.
  • ADA's performance depends heavily on BTC trends, especially around the $0.4 resistance.

July offers promising prospects for altcoins, provided they surpass key resistance levels and maintain support. Investors should follow these critical points to capitalize on potential profits.

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