Bitcoin (BTC) is experiencing significant volatility, and concerns about the upcoming July are growing. Investors are cautious about potential billions of dollars worth of BTC sales due to the imminent uncertainty surrounding Germany, the United States, and the MTGOX case. Even before July begins, these factors have already instilled fear among cryptocurrency investors. At the same time, the focus has shifted to Solana (SOL) and two relatively unknown cryptocurrencies in terms of their performance in the next month.
What will happen to Solana?
Solana (SOL) continues to attract institutional interest, with CoinShares reporting a $3.3 million inflow on June 21. This may be related to the expected delivery of two Spot SOL ETF applications this week. If SOL coin breaks through the resistance at $156, it could quickly recover its upward trajectory, possibly reaching $169. However, the levels at $144 and $156 pose significant challenges for bullish investors. Visit NEWSLINKER for the latest technology news.
The recurring testing of support at $60,400 for BTC suggests a possible drop to $52,000. Despite some investors hedging their bets with short positions, the cryptocurrency market is known for its unpredictability, and the long-term trend remains positive.
Can KAS coin reach new highs?
July could be a crucial month for KAS Coin, depending on the performance of BTC. Despite recent setbacks, KAS Coin is still on an upward trend, currently priced at $0.177. Its record price is $0.193, with the main target being $0.184. Achieving this target could push it to a new all-time high. However, failure to break the resistance tested three times within four months could result in a price drop to $0.162.
User availability inference
-The potential of SOL Coin largely depends on whether it can break through the resistance at $156.
-The performance of KAS Coin in July is closely tied to the stability of BTC. If the speculation continues, BRETT Coin may surpass its previous record of $0.195. The volatility of BTC is crucial for the broader cryptocurrency market.
The outcome of BRETT Coin?
BRETT Coin is the least known of the trio, and its performance is similar to PEPE Coin, growing by 132% in early June. If this speculation continues, it could surpass the historical level of $0.195. On the other hand, if the market turns bearish, its value could drop to $0.14.
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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies are highly volatile and therefore carry risks, and should conduct their own research.