Last week, he witnessed a brief recovery in the encryption market, after reports of the ceasefire agreement between Israel and Iran.
Injecting this development renewed optimism in the risk markets, which led to a short -term recovery that could extend until the first week of July. With the greater ups in the market today, some altcoins are preparing to continue climbing.
Penguins (Penguins)
Pengu rose 70 % during the past week and is currently trading at $ 0.014. During the early Asian trading session on Monday, Altcoin rose to the highest level in 47 days at $ 0.0155 with a high demand.
Regardless of the improvements in the feelings of the wider market, the penguin rally is driven by a climbing demand for non -explosive symbols (NFTS). according to EncryptionThe group recorded 1.44 million dollars over the past seven days, which represents an increase of 34 % compared to the previous week.
The increase in trading activity was not limited to size alone. The number of sales transactions also increased to 63 during the same period, representing 31 % of the height per week.
If this demand rises, PenGU may see an increase in the demand paying its price to $ 0.015. The breach of this resistance can push altcoin to $ 0.017.
On the other hand, if the demand decreases, the penguin may decrease to $ 0.012
Paula
Paula is described as “Memories and the Official Monument for the Taurus Market”, Bulla is the best winner in Coingecko to pay attention to him in the first week of July. As of the writing of these lines, they are traded at $ 0.1173, climbing 178 % during the past week.
On the Bulla/USD graph for one day, the Aron’s Aron’s Tokeen 85.71 % line reaffirms. The Aroon Index measures the strength and direction of the direction. It consists of two lines: Aroon Up, which tracks the bullish momentum, and the lower, and which tracks the downward pressure.
When the ARSET’s ARON UP line is in or approaching 100 %, it has recently reached a new rise, indicating a strong upward momentum and a dominant rise.
If the demand remains high, Paula’s price may be reviewed at the highest level ever at $ 0.128.
On the other hand, if the demand decreases, the code price may decrease to $ 0.105
Jupiter (Job)
JUP, the original symbol of Solana Defentralized Exchange (Dex) JUPITER, is one of the best performance Coingcko assets to watch this week. It rises 29 % during the review period, and the hands exchange at $ 0.44 at the time of the press.
Readings from the JUP/USD chart show a constant rise in the smart money index in the distinctive symbol in the past seven days, highlighting the increasing demand from the main distinguished symbol holders. This is currently in 1.35, climbing 8 % last week.
SMI of assets tracks the activity of experienced or institutional investors by analyzing market behavior during the early and final hours of trading.
When it decreases, it indicates the sale of activity from these pregnant women, pointing to the expectations of low prices.
On the contrary, as with Job, when the indicator rises, it indicates an increase in purchase activity, which indicates increasing confidence in the original.
If the demand continues to increase, the price of the JuP may collapse more than $ 0.47.
On the other hand, if purchase of pressure, the distinctive code price may decrease about $ 0.38.
Disintegration
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