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.