While American legislators are preparing for one of the most important weeks in the history of cryptography, all eyes are on Washington and markets.
Congress being ready to discuss several Crypto bills this week, including those regulating stablecoins and classifications of digital assets, traders are preparing for increased volatility. Beincrypto analyzed three altcoins to watch closely during the United States week.
SONIC (s)
Sonic is preparing for the first season of his native token of the air card, which should take place between July 15 and 22. This highly anticipated event should arouse interest in Sonic, potentially increase demand and positively influence the price of Altcoin in the coming days.
The price of the token could exceed $ 0.381 and even reach $ 0.440, because the RSI is currently displaying a strong bullish dynamic. This suggests that Sonic is ready for new gains, especially if air song generates significant interest and stimulates the participation of investors.
However, if the sales pressure follows the air board, Sonic may not maintain its earnings. In such a scenario, the price could fall to the support level of 0.329 or even down, diving at $ 0.299.
This drop would invalidate upward perspectives, signaling a potential reversal.
Coat (MNT)
The MNT price jumped 7.2% in the last 24 hours, currently negotiating at $ 0.70. Altcoin is gaining ground due to the development of the upcoming network. The upgrading of Sepolia, scheduled for July 16, promises to improve MNT’s functionality, potentially increasing its value as the interest of investors increases.
Scheduled for July 16, the upgrade of Sepolia will allow complete support for the features of the upgrade of Ethereum Prague. This development should push MNT’s price to $ 0.72.
The parabolic SAR indicator under the candlesticks shows a clear rise trend, which suggests a continuous bullish dynamic if market conditions remain favorable.
However, if MNT holders decide to sell their assets for profits, Altcoin could face a clear correction.
In this case, MNT’s price could fall to $ 0.66 or even as low as $ 0.63, invalidating current upward perspectives and instability of the potential signaling market.
Official Trump (Trump)
Trump is currently facing volatility due to the announcement of new prices imposed on several nations. Despite this, the 90 million trumps unlocked this week could have a significant impact on its market behavior. The offer of $ 876 million entering the market could lead to an increase in prices, affecting the dynamics of demand.
Unlocking 90 million Trump tokens could grow upwards, with expectations to get $ 9.63 as a support. If this happens, Trump could reach $ 10.97, marking a monthly summit.
The MacD indicates a strong bullish dynamic, signaling a potential continuous increase in the near future.
However, if the influx of the offer leads to a drop in interest and sales, Trump could fall to $ 9.04. Losing this level of support would invalidate the bullish perspectives, pushing the Altcoin at $ 8.43. This drop could erase the 12.8% gains made earlier this week.
Non-liability clause
In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
