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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, we have picked three altcoins with promising potential. So, how high can Dogecoin (DOGE), Shiba Inu (SHIB), and Tradecurve (TCRV) go in July?
Dogecoin Price Jumps 10%, $0.1 in Sight?
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 this time, 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 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.
Shiba Inu (SHIB) Spikes As New Holders Increase
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.
Anticipated TCRV Price Increase in July?
After an 80% price increase in June, the recent bullish sentiment of the crypto market might potentially cause another price spike. In June, the price of Tradecurve increased from $0.010 to a high of $0.018.
With the ongoing bullish trend, TCRV could potentially experience a price rise by the end of July. The platform’s unique position as the first trading platform bridging the crypto and global derivatives markets adds to its appeal as a promising investment option.
For more information about the Tradecurve presale:
Website | Presale | Twitter | Telegram
Disclaimer
This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.
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