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Thursday, July 4, 2024
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Top 3 Cryptocurrencies to Watch This Weekend

Top 3 Cryptocurrencies to Watch This Weekend

The fact that a large number of assets are trading in the green zone on the daily chart shows that the cryptocurrency market is gradually improving. Bitcoin is up 1% over the past day even as its price remains below $62,000.

As Q2 2024 draws to a close, we could see a shift in investor sentiment in the coming days. Let’s take a look at three notable crypto assets to watch this weekend.

Top 3 notable cryptocurrencies this weekend

ETH

According to a Reuters report, the US SEC could approve the highly anticipated ETH ETFs to launch as early as July. The financial watchdog also recently concluded its investigation into the project. Both developments could lead to a significant price increase.

ETH has recovered 2.3% on its daily chart but is still down nearly 11% over the past month. Anticipation of an ETF launch could reverse the asset’s trend, making it a cryptocurrency to watch.

AVAX

AVAX is currently the best performing cryptocurrency in the top 20 projects. The asset is up 10% in the last 24 hours.

CoinCodex believes that AVAX’s bull run will continue in July. The cryptocurrency is predicted to surpass the $90 mark next month, reaching $94 on July 26.

SOL

Solana also appears to be reversing its trend. The daily chart shows the cryptocurrency up 7%, while the weekly chart shows an increase of nearly 9%. This surge is most likely a result of VanEck’s SOL ETF application.

CoinCodex researchers predict that SOL will continue to trade at current levels and have a price increase in mid-July.

Mark Tyson
Mark Tyson
Freelance News Writer. Always interested in the way in which technology can change people's lives, and that is why I also advise individuals and companies when it comes to adopting all the advances in Apple devices and services.
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