Altcoin: Bitcoin (BTC) is trading below $19,000 again. Meanwhile, most altcoins have lost more than 80% from ATH levels. It is unclear for now when the downtrend will reverse. In this article, let’s take a look at 5 altcoins to get price predictions for the month of July.
- 1 5 altcoins to follow in July
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5 altcoins to follow in July
The first altcoin on the list, TRON (TRX), is trading at $0.06268 at the time of writing. Looking at its performance in May, TRX bottomed out on May 1 at $0.06255. However, the highest value point was $0.08931 on May 8. With that in mind, analysts expect TRX to reach $0.1 by the end of July 2022.
AmkNews.com As we have reported, CRO was one of the last performances of the 2021 bull. It is currently trading at $0.1099. CRO price reached the ATH level at $0.965407 on November 24, 2021. Looking at how the cryptocurrency performed last month, Cronos (CRO) had the highest value at $0.3564 on May 1. Its lowest point was $0.1661 on May 27. Now analysts expect the CRO price to reach $0.3 by the end of July 2022.
The next altcoin on the list, ALGO, is trading at $0.29 at the time of writing. Looking at the all-time high of the cryptocurrency, Algorand (ALGO) hit its highest value point at $3.56 on June 20, 2019. Looking at the lowest point, it was $0.3549 on May 29. This marks a drop of $0.4243, or 54%.
Algorand is one of the foremost projects in the crypto market. Therefore, analysts expect the ALGO price to reach $0.5 by the end of the month.
Hive (HIVE) is the 110th largest cryptocurrency by market cap. It is currently trading at $0.5432. However, it reached the ATH price of $3.41 on November 26, 2021. Looking at its performance in the previous month, Hive (HIVE) had the highest value at $0.8596 on May 5. Its lowest point was $0.377 on May 12. We could see a drop in value of $0.4826, or 56%, here. With this in mind, analysts expect the HIVE price to reach $1 by the end of July 2022.
Stratis (STRAX), ATH price reached $22.77 in 2018. When we look at how the cryptocurrency has performed over the previous month, we see that it had a high of $0.9664 on May 5, while its low point was $0.4175 on May 12. Here’s a drop of $0.5489, or 56%. For STRAX, analysts set a price target of $2 by the end of July 2022.
Finally, Stratis is a Blockchain-as-a-service platform that provides a variety of products and services for businesses, including private sidechain launching, running full nodes, developing and deploying smart contracts, an ICO platform, and a proof-of-identity application. The company also offers cryptocurrency wallets and Blockchain consulting services. Stratis is the 146th largest cryptocurrency by market cap. It is one of the top 100 candidates along with the previous altcoin Hive on the list.
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