#DYMBinanceHODL ! These 5 cryptos have everything to explode in July!
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The crypto market is starting a strategic shift. After a tumultuous June marked by geopolitical tensions and price volatility, July presents itself as an unprecedented window of opportunity. In this climate filled with expectations, five cryptocurrencies emerge as essential to capture the momentum of the upcoming 'bull run'.
1️⃣ Bitcoin remains firmly established above $100,000, a performance that withstands geopolitical disruptions, especially in the Middle East.
2️⃣ Ethereum benefits from the positive effects of its 'Pectra' upgrade, rolled out in May, which has improved transaction speed, staking flexibility, and the integration of L2 layers. The result is an increase in ETH price and stabilization around $2,450.
Other assets show notable technical dynamics and a strengthened positioning for July. Here are the key points about these cryptos:
3️⃣ Solana (SOL): the crypto has bounced off a technical support of $147. It is currently trading around $150 and could aim for $170 to $200 if the momentum is confirmed.
4️⃣ Ripple (XRP): XRP remains one of the few cryptos oriented towards traditional finance, with transactions resolved in a few seconds, much faster than SWIFT. It is currently trading around $2.18.
5️⃣ Hyperliquid (HYPE): after reaching an all-time high of $45, HYPE has suffered a correction of nearly 30%, but its 'open interest remains very high at $1.74 billion', hinting at a potential short squeeze. The technical resistance level at $40 is considered crucial for a possible rebound towards $52.