In the first days of June Crypto Money MarketThe expectation of a new movement erupted. Bitcoin $104,030.58While the supply of (BTC) in the stock exchanges is rapidly falling, this is interpreted as a supply compression. Bitcoin’s price fell to approximately 104 thousand dollars after exceeding 111 thousand dollars, the historical summit, and this decrease may mean the opportunity to rise for Altcoins. Analysts say that the “Golden Cross” formation in the Altcoin market can open a gigantic door to a huge rally.
Golden Cross signal for rising in the Altcoin market
Altcoin marketGolden Cross, which is formed by cutting the short -term moving average (eg 50 days) long -term moving average (for example 200 days) up (200 days), can be a harbinger of the great rise approaching according to experts. This signal was recently seen in 2021 and led to serious rise. Many analysts say that the bear season in Altcoins has ended and expects a historical rally in the coming period.
Pepesso, one of the well -known analysts of the market, argued that this rally could last between 1 and 3 years, unlike the previous cycles. Stating that investors should be patient, the expert underlined that the main rise has not yet begun. At this point, the altcoins with high return potential for June have entered the radar of investors.
4 Altcoin expected to rise in June
The first place in the list of Altcoins is expected to rise in June Toncoin (Ton) took. Ton’s largest rise trigger is the main sponsor to the NFC conference in Lisbon on June 4-6. Analyst Ali Martinez TON He said Coin constitutes a triangular formation in the technical graph and has a 40 percent rise potential.
In the second place Virtual Protocol (Vartual) is located. Focusing on artificial intelligence projects, the platform rose 60 percent last month and in the last year, it rose close to 2,000 percent. In order to log in to the platform, users need to stake virtual coins. It has been announced that the platform team will soon publish simple and understandable guides for the complex system.
Third place Quant Network (QNT) solves one of the major problems of crypto currencies by facilitating the connection between Blockchain. While all coins are circulating, QNT gained 50 percent in the last month, while the market value has a wider growth potential of $ 1.5 billion.
Located in the last of the list Near Protocol (Near) stands out as a fast and developer -friendly blockchain network focused on artificial intelligence. Increasing scalability with Sharding technology, Near does not need a bridge in cross -blockchain operations. Near’s market value is currently at the level of $ 3.17 billion and the price is around $ 2.60.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
