Excited cryptocurrency investors had good days in the first quarter of 2024, but the aftermath was quite stressful. Those new to crypto this year are not very happy with the BTC chart, but those who faced the risk of BTC dropping to $12,000 in November 2022 are aware that we are in bull markets. So, what are the predictions for TON, UNI, and XMR Coin?
Toncoin (TON) Analysis
$7.67 was a key price level for TON Coin, and on June 13, it surpassed this level, completing its triangle formation. This opened the door for new peak attempts. Subsequently, the TON Coin price returned to test the breakout level, influenced by the overall market weakness. If the price does not stray too far from the support zone after the June 15 drop, a new jump to $8.29 may occur. Then, the popular altcoin targets $10.
In the opposite scenario, sales are expected to intensify down to $6 with closures below the breakout level.
UNI Coin Price Prediction
The 50-day SMA is at $9, and the UNI Coin price climbed to the general resistance of $12 after initiating a reversal from this level on June 12. The resistance is tough, and the 20-day EMA has started to rise. If this 20-day average at $10.24 can be maintained as support, peaks beyond $13.34 can be targeted above $12.
However, due to general market anxiety, there is concern that investors may sell at attractive profit levels and that momentum may weaken as it approaches $13.34. If it fails, the price may return to the 50-SMA level.
XMR Coin Price Analysis
Privacy-focused altcoins have a tough time in the long run because centralized exchanges do their best to exclude them. Monero (XMR) still managed to surpass the $153 level. Above this level, sellers are trying to limit the price at $180. If they fail, it seems likely that the peak will be moved up to $190.
$153 may be retested in possible sales, and new lows are possible below it. BTC is currently above $66,500, but if it cannot reclaim $68,000, whale sales may find more support on the individual investor front, pulling altcoins down further.
