Top 5 Cryptocurrencies That Looks Bullish For Next Month

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.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and carry significant risk. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.