BTC is trading at $59,900, potentially leading to new lows after testing $60,000. Investors anticipated further gains, but BTC faced selling pressure near $64,000. Fear of over $10 billion in potential sales may continue to pressure the market. What are the current predictions for popular altcoins?
BNB Price Prediction
On July 1, BNB Coin price dropped from $585 and is now hovering at $553. Like BTC, BNB is also experiencing sales. If BTC tests deeper lows, we might see levels of $536 and $495 tested here as well.
However, if the price can bounce from $551, it could initiate a new move to the SMA50 ($604) level. Subsequently, new peaks above $635 and $700 could be targeted.
Solana (SOL) Chart Analysis
On July 2, the price broke resistance but faced sales at the $156 SMA50. US markets are strong, DXY is falling, gold is rising, and we saw Spot SOL ETF applications last week, but SOL Coin is declining. The price below the $145 EMA50 and the RSI in the neutral zone confirm weakness. SOL Coin price may continue to fluctuate between $116 and $156 for a while.
In case of an upward breakout, $175 and $189 are targeted. Here, surpassing $205 strongly before the ATH and closing above it is critical.
XRP Coin Price Prediction
Bears have long been trying for closures below $0.46, and the price is hovering at $0.465. New lows between $0.41 and $0.46 may be seen. For a possible reversal, closures above the $0.5 support are needed.
Dogecoin Chart Analysis
The DOGE price failing to exceed $0.13 is seeing sales at higher levels. If the $0.12 support breaks, the largest meme coin by market cap could retreat to $0.1 and $0.08 supports. What if $0.13 is surpassed? In this case, a gradual rise to $0.18 is expected.
