The third quarter of the year and the first week of July began with considerable volatility. Some crypto tokens have displayed net gains, while others have suffered losses. However, the weekend should lead to a positive change in certain altcoins.
Beincryptto has analyzed three altcoins so that investors can look at this weekend, due to their network development.
Jupiter (JUP)
JUP had a positive week, up 12.4% in the last seven days, currently negotiating $ 0.442. Altcoin is consolidated between $ 0.471 and $ 0.424, which indicates that it can prepare for an escape.
The parabolic SAR indicator is positioned under candlesticks, signaling a potential upward trend for JUP. This technical model suggests that the purchase pressure can be built, which could push Altcoin above. In addition, the launch of Jupiter Studio, allowing the community to create tokens, could further increase JUP’s demand.
With the parabolic SAR indicating an upward trend and the launch of Jupiter Studio, JUP has the potential to break the resistance of $ 0.471. In case of success, it could target $ 0.517. However, without a sustained optimistic momentum, Altcoin can continue to consolidate in its current beach, limiting short -term gains.
Dog (bitcoin) (dog)
Dog, the same corner built on Bitcoin, should have an Airdrop event during the weekend, with Kraken Exchange Marketing on July 6 as a date. Air parameters generally generate excitation, which potentially stimulates demand for the token.
Dog drew significant attention from investors because of its resilience on the market. Currently, negotiating at $ 0.0041, the meth part could evolve around $ 0.0047 if the air card generates increased demand. This potential price increase could make dog a popular choice for merchants who seek to capitalize on short -term movements during the event.
However, if the airfield of the airline does not create significant price changes, the dog may experience a movement laterally higher than the level of support of $ 0.0039. A drop below this support would invalidate upward perspectives, potentially sending Altcoin to $ 0.0035.
Hosico Cat (Hosico)
Hosico drew significant attention from investors, with an increase of 172% last week. The same corner is currently negotiated at $ 0.0514, showing a strong dynamic. This increase highlights the potential of Hosico, but market dynamics could change as the part is faced with resistance and that the feeling of investors evolves in the short term.
The relative resistance index (RSI) indicates that Hosico is exaggerated due to recent overvoltage. However, this can lead to a cooling period, allowing Altcoin to take momentum for further growth. If the upward trend persists, Hosico could exceed the resistance of $ 0.0619, aimed at $ 0.0775 in the coming weeks.
If a strong sales pressure emerges, Hosico could lose support at $ 0.0,486. This would invalidate current upward perspectives, potentially resulting in a drop to $ 0.0347.
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