Date: Mon, July 29, 2024, 06:22 AM GMT
In the cryptocurrency market today, the new week start is looking bullish as the prices of altcoins are trading in green after the price of Bitcoin (BTC) jumped by +3.34% in the last 24 hours by reaching the $69,757 price mark.
In this rally we have identified the following tokens that are looking bullish on chart and may record significant returns in next month [Aug 2024].
1) Bitcoin Cash (BCH):
The Bitcoin Cash (BCH) token has given perfect breakout as we discussed it earlier yesterday, Now BCH token is trading at $449.50 and approaching to it’s next resistance level of $460. If it manages to cross $468 then we can see another pump to $518 in upcoming days.
2) Solana (SOL):
After taking a big support from $130, the price Solana (SOL) is now trading at $193.42. By reaching the current price, Solana has broke out the resistance and is now headed towards the next resistance of $200.
3) Bitcoin SV (BSV):
Bitcoin SV (BSV) is also on bullish track today as it’s surged by 9.79% today by surging to $49.65. The chart analysis indicates that the BSV token is now trading at a resistance level of $49.90. If this level breaks out, the BSV token will try to reach its next resistance of $53.24.
4) Bitcoin Gold (BTG):
Bitcoin Gold (BTG) is also on green track today as it’s surged by 7.98% today by reaching to $28.0. The chart analysis indicates that the BTG token is now trading at a resistance level in a descending triangle pattern. If it manages to give breakout from here we can see a pump in price.
5) Uniswap (UNI):
Uniswap (UNI) has formed a descending triangle pattern and taken a support at the price level of $7.07. From here, if this bullish momentum continues, the Uniswap (UNI) token could reach its resistance trendline of $9.62 in the upcoming days.
6) AIOZ Network (AIOZ):
AIOZ Network (AIOZ) has formed a descending triangle pattern and shown a big surge today of 32% trading at $0.63. The chart analysis indicates that AIOZ has already broken out today with a small resistance at $0.59, and now it’s headed towards the next target of $0.72.
Stay tuned and keep an eye on these cryptocurrencies as they have the potential to perform well in the coming days.
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