On July 13, the crypto industry experienced a watershed moment as the court ruled XRP was not a security. The news instantly turned the lackluster crypto market bullish as many assets rallied. With the rest of the month set to be bullish, experts have picked three altcoins to explode. So, how high can Dogecoin (DOGE), Shiba Inu (SHIB), and Tradecurve (TCRV) go in July?
The original meme coin, Dogecoin (DOGE) was one of the biggest gainers following yesterday's announcement. The price of Dogecoin shot up by 10% in 24 hours to trade as high as $0.07169 for the first time since early June.
At the time of this writing, the Dogecoin price stands at $0.07049. With Dogecoin retaining bullish momentum, how high can its price go in July?
The recent rally means Dogecoin has converted the $0.070 resistance to a support level. The next resistance levels for the meme coin are $0.100 and $0.115. If the Dogecoin price maintains its current bullish momentum, we could see a rally of 30% in the next two weeks.
Based on technical analysis, there is a chance the Dogecoin value recovers 1 cent in July. However, the sentiment of the broader crypto market will need to remain bullish for this to happen.
Like Dogecoin, the price of Shiba Inu is also on the rise. But, in addition, there has been a wave of new holders and an uptick in the viral Shiba Inu burn.
According to data shared by CryptEye, over the last month, Shiba Inu (SHIB) has registered 10,589 newer holders. Over the last six months, over 26.4 billion Shiba Inu tokens have been burnt.
These increases in on-chain activity are positively affecting the Shiba Inu price. In the last 24 hours, the price of Shiba Inu has increased by 6.15%.
With the Shibarium picking up traction, more price increases are expected for the Shiba Inu coin. Now trading at $0.000007949, market experts have predicted that the meme coin could trade above $0.00001100 this month.
After an 80% price increase in June, the recent bullish sentiment of the crypto market is set to cause another price spike. In June, the price of Tradecurve increased from $0.010 to a high of $0.018.
With the crypto market bullish, the price of TCRV is set to increase by 40%. This means before the end of July, the price of TCRV would trade as high as $0.025 per token.
The long-term prediction for Tradecurve is even more bullish, as the platform is expected to grow in the second half of the year.
As the first trading platform bridging the world of crypto to the global derivatives market, many experts have strong predictions for Tradecurve. At $0.018 per token, Tradecurve is considered one of the best investment options as the token has a target of $1.5 in 2023.
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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