Altcoins In Red: Which Cryptocurrencies Experts Buying In July?

The crypto market is currently facing intense pressure from a significant drop in Bitcoin prices, yet there’s an air of anticipation for the next bull run. Altcoins, despite their present lows, are poised to surge. Investors are keen to identify potential opportunities amid the chaos. This article provides insight into which cryptocurrencies are catching the eyes of experts for a potential boom in July.

Tablets and phones buzz with names; strategies are being reshaped as some digital currencies show promising signs of growth. Curiosity brews about which altcoins, among the sea of red, may soon turn green, marking explosive gains. Dive in to uncover expert picks and the reasoning behind these strategic bets.

BlastUP Releases Blastbox V2: a Treasure Trove Full of Perks

Fresh off raising $8 million in its presale, BlastUP, the top launchpad on Blast, introduces another opportunity to get $BLASTUP tokens at the presale price with the launch of Blastbox V2. This loot box is a treasure chest brimming with perks, including $BLASTUP tokens and Booster Points. Buying BLASTUP tokens ahead of TGE offers a chance to make a smart investment, as experts are predicting potential returns of up to 1000%.

Blastbox V2 offers more than just valuable assets; it’s a gateway to exclusive privileges on BlastUP. Owners enjoy benefits such as NFT and token airdrops, membership in the BlastUP Club, and priority access to IDOs.

Discover the Full Potential of Blastbox V2

Obtaining Blastbox V2 is your last chance to secure early access to BlastUP at the best price. This launchpad is rapidly emerging as a powerhouse in the Blast blockchain, already making waves with four successful IDOs.

If you are still searching for the next big crypto treasure, look no further. With only 9999 Blastboxes V2 available at launch and packed with unmatched utility, these rare loot boxes are poised to fly off the shelves.

Grab Your Blastbox V2 Now, Before They’re All Gone!

Ethereum’s Bright Future Amid Current Price Fluctuations

Ethereum is experiencing a current price range of about $3290 to $3534, hovering near its recent support level of $3144. Although the coin has faced a drop of over 11% in the past week, patterns from 2021 could signal a comeback.

Bulls aren’t completely out of the game yet, as ETH shows the potential to rise to its nearest resistance level of $3632, which would mean a solid increase of roughly 12%. If momentum continues to build, reaching the next resistance at $3876 is within sight, offering an impressive gain of over 16%.

Toncoin Shows Resilience: Are Bulls Preparing for a Surge?

Toncoin is currently trading between $7.18 and $8.01. Despite recent market dumps, the coin has shown strong long-term performance with a 6-month growth of over 220%. The bears may seem present with a slight dip of about 4% this week, yet the simple moving averages and other indicators point to potential bullish momentum.

The next key resistance level is at $8.35, and breaking past it could see Toncoin reaching up to $9.18, which would be about a 15% rise. The relative strength index and stochastic values suggest more room for upward movement, fueling optimism for an upcoming rally.

Solana Shows Resilience Amid Market Dip, Eyes for a Bull Run

Solana’s (SOL) price currently ranges between $128.9 and $157.62, with signs that bulls might still have power. It’s sitting above both the 10-day and 100-day simple moving averages, suggesting stability. Despite a slight dip of 1.32% over the past week and a monthly drop of 18.71%, its value has surged over 41% in the last six months.

With nearest resistance at $168.72 and strong support at $111.28, SOL could potentially push toward the $197.44 mark if the market flips bullish, offering an upside of over 20%. The RSI and stochastic metrics indicate it’s not overbought, providing room for growth.

XRP Bulls or Bears? Price Movements Suggest a Potential Breakout

XRP is currently trading between $0.46 and $0.48. Despite a recent dip of almost nine percent in one week and over seventeen percent in a month, bulls seem to be gathering strength. The nearest resistance is at $0.49, with significant support at $0.45, putting XRP in a crucial position.

If bulls push through, XRP could climb to the next resistance at $0.51, marking a potential six percent rise. Given the larger patterns and indicators like RSI at around 41 and MACD being stable, there’s a solid ground for optimism that XRP might soon break its barriers, eyeing a comeback.

Conclusion

ETH, TON, SOL, and XRP are showing limited potential in the short-term. However, BLASTUP stands out with the highest potential for growth. This is due to its innovative project concept and its association with the Blast ecosystem.

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.

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