Top Altcoins Poised to Reach All-Time Highs in July 2024
As Bitcoin rebounds to $60,000, the market anticipates a bullish trend. Low-cap altcoins are showing significant momentum, potentially surpassing previous all-time highs. Here are our top picks based on technical analysis and market sentiment:
**1. Pendle (PENDLE)**
- Market Cap: $762 million
- Current Price: $4.92
- Recent Trends: Recently broke below the 50-day EMA, indicating a downtrend.
- Potential: If Pendle breaks out of its current falling channel, it could target $9.16 and potentially even $10.
**2. Bitget Token (BGB)**
- Intraday Growth: 5.57%
- Current Price: $1.21
- Recent Trends: Establishing higher lows and reclaiming the 50-day EMA.
- Potential: Could surpass $1.48 in the short term, with an eye on reaching $2.
**3. ONDO (ONDO)**
- Current Price: $1.11
- Recent Trends: Formed a triple bottom and supported by the 50-day EMA.
- Potential: ONDO might break out towards $1.552, aiming for $2 based on Fibonacci retracement levels.
These altcoins exhibit promising trends and have the potential to achieve new highs by July 2024. Keep an eye on these opportunities as the market dynamics unfold.
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