The coins have known a mixed month, some seeing massive gains while others fell on stockings of all time. However, a useless room stands out, due to its impressive gains and stability.
Beincryptto identified two other coins that deserve to be watched in July because they show strong signs of potential growth.
Useless (useless)
Useless managed the parts market even in June with an explosive increase of 1,635%, fixing new heights of all time almost every day. Altcoin has reached its latest ATH today at $ 0.209. This growth highlights an impressive momentum and investors look closely for an upward movement further.
Despite the massive climb, useless has shown no signs of exhaustion or sales pressure. The parabolic SAR indicator under the candlesticks suggests that the upward trend should continue. While the room even based in Solana is gaining popularity, it could push around $ 0,450 over the next month, which has further strengthened the interests of investors.
However, as with all parts even, the unexpected sale of holders could reverse the trend. If investors decide to withdraw money, useless could fall in support of $ 0.066. Such a decline would invalidate upward perspectives and erase the gains made.
Fatty penguins (pingou)
Pengu had a difficult start until June, but won significant land during last week. The same part increased by 62.6%, reaching $ 0.0137, marking a summit of two months. This recent wave shows Altcoin’s ability to bounce back despite the previous difficulties, attracting the attention of investors.
A major advantage for Pingou is its strong correlation of 0.70 with Bitcoin. While Bitcoin continues its momentum up and forms new heights of all time, Pengu should benefit from this trend. With Bitcoin strength, the pingou could violate the resistance level of $ 0.0151 and potentially reaching $ 0.0180 in the coming days.
However, Pengu’s price is influenced by its major holders, with more than 47.72% of holders with more than $ 10 PEGGU. These investors could have a significant impact on the price if they decide to sell. If the profits are widespread, the pingou can fall below $ 0.0129, which can reach the level of support of $ 0,0100.
Pepe (pepe)
Pepe had to face a drop of 15% since early June, making it one of the least efficient pieces of memes this month. However, Jon “Jagged” Eyrick, a basic member of Pepe’s Dog (Zeus), speaking to Beincryptto, suggests that memes parts based on Ethereum like Pepe could undergo an increase in July, which could help increase their price.
“The frame parts on ETH attract more attention due to the increase in FNB entrances than the ETH considers compared to the BTC … In addition, ETH still holds the second market capitalization in crypto and Defi is the safeguard of its infrastructure, there is therefore a solid case to expect high price performance. Depending on this liquidity, liquidity would naturally focus in the biggest projects, including the memes well known transparency, ”noted Eyric.
The MacD indicator shows the first bullish crossing of the month, signaling a potential change in the momentum for Pepe. This could help the part recover recent losses and push towards the level of resistance of 0.00001216. A rise after this point would indicate an upward movement in the coming weeks.
However, if the bullish impulse does not materialize, Pepe could undergo new drops. If the Altcoin goes through 0.00000917 and $ 0.00000839, the downward trend can continue. In this case, the upward prospects will be invalidated and the price of Pepe could remain under pressure.
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.
