It’s already July, and the crypto markets are dwindling in and out of favour for altcoins. Will this trend continue for the rest of the summer, and will August finally be the game-changer it appears to be? Fast forward, investors are eyeing VC Spectra, an innovative crypto gem that has raised an outstanding $2.4 million in its private seed sale in 2 weeks alone. But let’s find out together!
BNB Is Finally Getting Some Support: Is July the Right Time for Buying?
Since the lawsuit from SEC, BNB has seen a constant decline. BNB dropped from levels above $310 to the current $240 range, indicating a steep 22% decline in value.
However, on 30th June, tides appear to have shifted in BNB’s favour. As it slipped below the critical $230 support zone on 28th June, bulls aggressively bought the dip marking a new support zone around $210.
Holding a strong 20-day EMA may propel BNB above $260. However, a sharp price change from the 20-day EMA will indicate that traders are selling in rallies, further dipping the price to $220.
Announcing a bullish or bearish sentiment at this point is not possible. However, the 20-day EMA will be a reliable marker for judging BNB’s standpoint and whether or not July will make BNB an investor’s choice.
For now, BNB looks bullish in its trends, but with a lesser market cap and -18% 7-day trading volume, BNB will need more time to adjust.
Dogecoin (DOGE) Sparks Increased Stakes: Early Signs of a Pump
Dogecoin is off with an excellent start in July, closing the charts in green by 1.63% with a decent market cap of $10 billion. After a setback in mid-June because of Pakistan’s announcement of listing Dogecoin in its list of “to-be-banned” cryptos, Dogecoin has finally gained momentum after the news of being accepted as a payment method hit on 30th June.
We see Dogecoin testing the resistance zones multiple times as the trend progresses. However, a long-term bullish trend will be confirmed if it closes the week just above the support zone of $0.066.
Dogecoin is gathering this support from the massive market cap and increased interest from the market due to the mega-supporter Elon Musk as he announced stakes for McDonald’s acceptance of it as a payment method.
As Dogecoin accumulates momentum, a proper bull action is in sight. Ultimately, this makes it a worthy altcoin to watch this summer. Dogecoin has the potential to go up by huge gains based on its current scenario.
VC Spectra (SPCT): Getting Fueled and Ready for July
Meanwhile, VC Spectra is quickly rising among the charts due to its AI leveraging techniques and secure investment portfolios. With its effective risk management and professional investment management teams, VC Spectra secured $2.4 million in seed funding and private presale events. However, it didn’t end there.
As a leading blockchain heavily invested in leveraging AI and using it to create value for its decentralized hedgefund, VC Spectra is empowering its investors with voting rights to ensure authority and technological power within the ecosystem flow parallel.
Speaking of public presales, VC Spectra is looking forward to a 900% surge toward its launch event. However, with its ongoing public presale stage 1, the price is kept at $0.008 for a set number of 125 million tokens.
Stage 2 of the presale, which will most likely begin in July, will take the VC Spectra price up to $0.011. The target price is $0.08 for the token launch at the end of all public presale stages.
The VC Spectra blockchain also introduced a ‘no intermediaries’ policy in its ecosystem, making trading fast and simple. Naturally, it is one of the best investment choices this summer.
Learn more about VC Spectra (SPCT) on the following links.
