3 Bullish Altcoins Predicted to Outshine Bitcoin (BTC) in July 2024

1. Maker (MKR)

MakerDAO's governance token, MKR, has seen its price rise by nearly 10% in the past week. The uptick is driven by increased buying pressure, reflected in its Relative Strength Index (RSI) at 56.12, indicating a bullish trend. The Directional Movement Index (DMI) also shows a dominant bull strength. If this momentum continues, MKR's price could climb to $2612.

2. Injective (INJ)

INJ, the governance token for the Injective blockchain, has surged 10% over the past week. It is currently trading above its 20-day Exponential Moving Average (EMA), signaling strong buying pressure. The Parabolic Stop and Reverse (SAR) indicator also suggests an ongoing uptrend. If this trend holds, INJ could reach $24.37.

3. Kaspa (KAS)

KAS powers the Kaspa proof-of-work blockchain and has increased by over 20% in the past week. Its bullish momentum is confirmed by the Awesome Oscillator and Elder-Ray Index, both indicating strong market conditions. If KAS maintains its uptrend, its price could rally past $0.2.

These altcoins are poised to outperform Bitcoin in July, offering promising opportunities for investors. However, always conduct thorough research and consult financial advisors before making investment decisions.