June is drawing to a close, and the crypto market has been volatile, with some coins hitting new highs while others experience significant drawdowns. As we approach July, it is crucial to identify potential opportunities in the market. Here are four cryptocurrencies that have the potential to reach new all-time highs by the end of next month.
1. **Binance Coin (BNB):** BNB, the native token of Binance Exchange, has shown resilience despite a recent dip in price. The Relative Strength Index (RSI) suggests a possible oversold position, indicating a potential rebound in the price. If buying pressure increases, BNB could see a 29.90% surge, pushing it towards $740.70 in July.
2. **Kaspa (KAS):** KAS, the cryptocurrency of Kaspa Network, has been trading near its all-time high with bullish momentum. The recent increase in trading volume signals growing market interest in KAS. A rebound from the current price level could lead to a new all-time high for KAS at $0.20 next month.
3. **Pendle (PENDLE):** PENDLE, a decentralized liquidity protocol token, is showing signs of exhaustion among sellers. The Parabolic SAR indicator suggests a potential bullish reversal, with PENDLE likely to hit $7.80 in the coming month. Traders should monitor developments around the project, as volatility may increase before the price starts rising.
4. **Brett (BRETT):** BRETT, a meme coin developed on Coinbase’s Base layer-2 network, has demonstrated resilience despite a recent price decline. The formation of a parabolic curve pattern indicates a potential reversal in price, with BRETT’s price target set at new all-time highs between $0.20 and $0.21. Bulls are currently defending the support level at $0.13, suggesting a bullish outlook for BRETT.
It is important to note that market conditions can change rapidly, impacting the forecasted price targets. While these cryptocurrencies show potential for growth, it is essential to stay informed and monitor market trends to make informed investment decisions.
