With June Almost Over, Here Are the Altcoins to Watch Closely in July
- June historically marks reliable altcoin bottoms, often followed by strong July rallies.
- MVRV Z-score remains low, signaling altcoins have room to grow before peak levels.
- Trump-linked tokens like LINK, ONDO, and AAVE attract attention ahead of policy shifts.
With June coming to a close, a historical pattern that has reliably marked the bottom for the altcoin market seems to be playing out again.
According to Discover Crypto, an analytic firm analysis, the market has stabilized right on schedule, and now investor attention is shifting toward a potential “summer rally” and the specific altcoins that could lead the way in July.
Did June Signal the Market Bottom Again?
For the past five years, June has consistently been a key turning point for altcoins. Analysts believe this pattern is not a coincidence but a seasonal trend driven by institutional traders who often sell holdings before the summer, creating better entry points for other investors.
Examining the “Total 3” crypto market chart, which excludes Bitcoin and Ethereum, reveals consistent June bottoms across multiple years. In 2020, 2021, and again in 2023, altcoins rallied strongly after find…
The post With June Almost Over, Here Are the Altcoins to Watch Closely in July appeared first on Coin Edition.
Read More
With June Almost Over, Here Are the Altcoins to Watch Closely in July
- June historically marks reliable altcoin bottoms, often followed by strong July rallies.
- MVRV Z-score remains low, signaling altcoins have room to grow before peak levels.
- Trump-linked tokens like LINK, ONDO, and AAVE attract attention ahead of policy shifts.
With June coming to a close, a historical pattern that has reliably marked the bottom for the altcoin market seems to be playing out again.
According to Discover Crypto, an analytic firm analysis, the market has stabilized right on schedule, and now investor attention is shifting toward a potential “summer rally” and the specific altcoins that could lead the way in July.
Did June Signal the Market Bottom Again?
For the past five years, June has consistently been a key turning point for altcoins. Analysts believe this pattern is not a coincidence but a seasonal trend driven by institutional traders who often sell holdings before the summer, creating better entry points for other investors.
Examining the “Total 3” crypto market chart, which excludes Bitcoin and Ethereum, reveals consistent June bottoms across multiple years. In 2020, 2021, and again in 2023, altcoins rallied strongly after find…
The post With June Almost Over, Here Are the Altcoins to Watch Closely in July appeared first on Coin Edition.
Read More