3 Altcoins That Could Hit All-Time Highs In Second Week Of July
The post 3 Altcoins That Could Hit All-Time Highs In Second Week Of July appeared on BitcoinEthereumNews.com. Bitcoin’s resilience appears to be positively influencing altcoins, with several gradually posting gains. Maple Finance (SYRUP) is making another attempt to reach a new all-time high in the coming days. BeInCrypto has analyzed two other altcoins that investors should watch closely as they approach their all-time highs. Maple Finance (SYRUP) SYRUP is approaching a critical support level at $0.555, which is essential for driving the altcoin towards its all-time high (ATH) of $0.657. Currently, SYRUP is 18% away from reaching the ATH, and securing this support could propel the coin towards further gains in the near future. The Parabolic SAR indicator is positioned below the candlesticks, acting as support and signaling a potential uptrend for SYRUP. This suggests that buying pressure may continue to build, helping the altcoin maintain its current position. If the trend persists, SYRUP could break past key resistance levels and move upward. SYRUP Price Analysis. Source: TradingView If the market conditions shift negatively or if SYRUP faces selling pressure, the altcoin could drop to its next support level at $0.496 or even lower. A decline to this level would indicate a weakening of the current bullish trend. SPX6900 (SPX) SPX is currently trading at $1.34, 31% away from its all-time high (ATH) of $1.77. The altcoin is encountering local resistance at $1.42, and if it surpasses this level, it will face further resistance at $1.55. These levels will determine the future price movement of SPX. The Parabolic SAR indicates that the uptrend is still intact, suggesting that SPX could continue to rise. However, the altcoin will require strong support from broader market cues to breach the $1.55 resistance and secure it as a support level. This will be key to sustaining upward momentum. SYRUP Price Analysis. Source: TradingView If investor sentiment turns negative, SPX may experience selling pressure.…
The post 3 Altcoins That Could Hit All-Time Highs In Second Week Of July appeared on BitcoinEthereumNews.com.
Bitcoin’s resilience appears to be positively influencing altcoins, with several gradually posting gains. Maple Finance (SYRUP) is making another attempt to reach a new all-time high in the coming days. BeInCrypto has analyzed two other altcoins that investors should watch closely as they approach their all-time highs. Maple Finance (SYRUP) SYRUP is approaching a critical support level at $0.555, which is essential for driving the altcoin towards its all-time high (ATH) of $0.657. Currently, SYRUP is 18% away from reaching the ATH, and securing this support could propel the coin towards further gains in the near future. The Parabolic SAR indicator is positioned below the candlesticks, acting as support and signaling a potential uptrend for SYRUP. This suggests that buying pressure may continue to build, helping the altcoin maintain its current position. If the trend persists, SYRUP could break past key resistance levels and move upward. SYRUP Price Analysis. Source: TradingView If the market conditions shift negatively or if SYRUP faces selling pressure, the altcoin could drop to its next support level at $0.496 or even lower. A decline to this level would indicate a weakening of the current bullish trend. SPX6900 (SPX) SPX is currently trading at $1.34, 31% away from its all-time high (ATH) of $1.77. The altcoin is encountering local resistance at $1.42, and if it surpasses this level, it will face further resistance at $1.55. These levels will determine the future price movement of SPX. The Parabolic SAR indicates that the uptrend is still intact, suggesting that SPX could continue to rise. However, the altcoin will require strong support from broader market cues to breach the $1.55 resistance and secure it as a support level. This will be key to sustaining upward momentum. SYRUP Price Analysis. Source: TradingView If investor sentiment turns negative, SPX may experience selling pressure.…
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