Crypto Coins It is moving towards the end of July, and the month is left to the end of the last weekend. Many developments next week will prepare the ground for more volatility. Since ETH has recovered $ 3,700 for now, Altcoin investors are much more relieved. The employment data was relatively good today, but manufacturing PMI pioneering figures give a signal of weakness in the economy. Alright Is Altcoin rise over? Analyst Benjamin Cowen is the answer.
Is Altcoin rise over?
Yesterday subcoins He experienced serious decreases and BTC We saw that there were lower hills in their parity. It is not difficult to understand that investors are willing to turn the earnings exceeding 40 percent in cash. But it is motivating that we do not see extreme sales.
Bitcoin 
$118,725.29 Whether the decrease in market dominance will end. Benjamin Cowen pointed to August by sharing the current graph below at this point. Crypto investors’ application – the reason will surprise you!
“BTC It finds support at 60 %(0.618 FIB extension).
My main scenario is that we will see liquidity flow from subcoins to BTC at the latest.
Remember that BTC.D is in the level that was supported last year, 50W SMA. ”
If not now, the rise can end soon. Cowen has long been known for its cautious aspect and has not foreseen the last rise. However, many risks are waiting for us next month, such as tariffs and not downloading interest rates.
Ondo and pump coin
Trump minutes later Fed He will do investigations in his building and probably brush Powell in front of the cameras. You may have to follow the explanations there, as the explanations there will contain details such as the historical importance of this visit. Sherpa is cynical if we send it to analyst evaluations PUMP COINHe said he’d be a bottom soon. Even though it makes a good start, the Pump Coin, which falls below the pre -sales price, is useless on the platform and moves like the tokens that go to zero 24 hours after the launch. It is difficult to understand whether it is the quirk of fate or the protest of investors.
“Aside from the joke, I think it will make a bottom soon. Finally there will be some kind of trap rally. Then I will buy it, but now I will not try to hold the falling knife.”
Ali Martinez Ondo coin He wrote for a clear rally for $ 2.8. We will see if time will justify him.
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.
