Despite rolling back to $65,000 Bitcoin is showing clear signs of an impending bull run that will likely affect prices of all other cryptos on the market including Ethereum. As of now, ETH is stable at $3,560, which is still about 1% lower than last week, but like Bitcoin, it is slowly turning the tide around preparing for gains in the next few days.
Both cryptos are showing signs of recovery, but the future is still uncertain, as the price movements depend on many different macroeconomic indicators. The greed index is neutral, so many investors are either holding to their BTC and ETH, or investing in emerging crypto presales like PlayDoge, WienerAI and Sealana, all of which are expected to explode in the upcoming weeks.
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What you'll learn 👉
Bitcoin Price Movements Indicate Bullish Momentum
After testing the $67,147 resistance level earlier this week, Bitcoin failed to gain enough support, losing over 2.2% on Monday. BTC tokens are currently supported by 50% retracement level of $64,274 with a minimum swing calculated to $56,523, and a maximum swing at $71,995 set on May 21.
If BTC manages to push through the $64,274 resistance level, it will likely gain around 4%, reaching a value of $67,147. Both RSI and AO support the stated numbers, and according to the price movements from June, the minimum and maximum bounce will stay within these ranges. The most likely outcome predicts a short-term rally, but if the bulls get aggressive, BTC could jump by as much as 6%, reaching the previous long-term resistance level of $71,280. Therefore, current price dips are likely going to reverse in the upcoming days, resulting in a positive outlook for entire crypto markets.
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Ethereum Price Points to A Potential Rally
Ethereum hit a low of $3,360 last Friday, quickly bouncing back to $3,533, where it stabilized for the next few days. Compared to BTC’s 50% retracement, ETH is stable at 61.8%, and if it manages to hold on to the current price, it could rally by another 3%, matching its $3.717 price from June 9.
If the asset gets support from bulls in the next few days, its RSI and AO could keep their momentum, potentially resulting in a recovery rally. If ETH closes above the current $3.717 price, the rally could double to 6%, pushing the token’s price above $3,977. In a case where ETH doesn’t get enough support, it could drop to $3,292, which could trigger another price drop off all the way down to $2,864.
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Investors Moving to Presales With Explosive Potential
The retraction of crypto markets last week has resulted in massive token dumps, forcing investors to find high-return investment options resilient to the current situation to boost their earnings. The following cryptos are among their top picks, so let’s see what they offer from up close.
PlayDoge ($PLAY): A Modern Twist on a Classic Favorite
PlayDoge ($PLAY) is garnering much excitement as a fresh initiative currently in its presale phase, poised to launch a mobile game soon with excellent rewards. The game offers a modern revival of the much-loved 90s hit, Tamagotchi, which enchanted millions worldwide, reaching all the corners of the globe.
In this modernized version, players are responsible for nurturing virtual pets by feeding them, making sure they are happy, and consistently taking care of all their needs. These caregiving activities reward players with native $PLAY tokens, introducing a rewarding aspect to the gameplay. Moreover, the game features a global leaderboard system, rewarding the best players with additional tokens and prizes.
The ongoing presale phase has shown promising signs of significant value increases, having raised nearly $4.9 million in the first few weeks. $PLAY tokens are available for $0.0051 each on the official website, so don’t miss your chance to invest early to get the highest returns after it goes live in the next few months.
Sealana ($SEAL): A Solana-Based with Explosive Potential
Sealana ($SEAL) is nearing the end of its presale and has recently crossed the $5 million mark. Investors are flocking to secure a piece of this new Solana-based meme coin before it goes live, as the current price of $SEAL might be the lowest it will ever be. The Solana blockchain has had an extremely successful year fueled by meme coins, and Sealana appears to be next in line for explosive gains and high returns.
The Sealana meme is based on a seal character who spends his days in his mom’s basement, doing nothing else but trading crypto. The character, portrayed as an American patriot disillusioned with the world, and investors clearly wanted to make fun of negative stereotypes often associated with crypto traders. The character is inspired by the famous “Gamer Guy” from South Park’s episode “Make Love Not Warcraft”.
As such Sealana is a witty, multi-layered joke that resonates well with the crypto community, and is positioning itself as the next high-gaining Solana-based meme coin, following the steps of SLERF, BOME, WIF, and numerous other memes that reported gains of over 2,000% earlier this year. Sealana is going live on June 25, so grab your last chance to invest early to get the highest returns!
WienerAI ($WAI): Combining Viral Appeal with AI Trading Power
The rise of AI meme coins has recently taken the crypto world by storm, with WienerAI currently leading the race. The inventive project integrates the viral spirit of meme coins with the advanced capabilities of AI-powered trading bot, resulting in a unique offer in the crypto sector.
Showcasing an endearing sausage dog mascot, WienerAI has captured considerable attention, raising over $6 million in its ongoing presale in the first month. Unlike other AI meme coins, which often lack substantial utility, WienerAI stands out by offering token holders a number of real-world benefits aimed to help them improve gains in future trading. Its AI trading bot is designed to help users find profitable opportunities, execute the best trades, while earning a passive income through high staking rewards.
The current $WAI token presale price is set to $0.00072, but it goes up as the project passes every new milestone. Therefore, you have a limited window to secure $WAI tokens at the discounted rate, so visit the official site and grab your supply early to get the highest returns after launch.
Final Words
The crypto market entered unexpected turmoil, slowing down growth and retreating quickly in the past few days. Leading tokens such as Bitcoin and Ethereum have stabilized after losing over 12% in the past few weeks, showing signs of a turn around that could result in a bullish market with enough investor backing.
However, if you’re looking for cryptos with high return potential and little risk going forward, projects such as PlayDoge, Sealana, and WienerAi should be on top of your investing priority list. Visit the official sites and grab the tokens at a discount to get the most out of your investmets.
Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
