Top 3 Altcoin electronic money is worth pondering today is always subject to attract the interest of investors, particularly in the context of the market is sideways. When Bitcoin and Ethereum to keep the price level stable, many altcoin to show dynamic growth thanks to the foundation elements and techniques positive. Here are three prominent names that investors should consider today.
1. Chainlink (LINK) – Altcoin electronic money is worth considering the current roles with Oracle
Chainlink continues to assert its position as platform oracle top when the withdrawal of LINK increased by more than 280% in the last 30 days. This reflects the strong accumulation of large investors and the ability to tighten the supply – factors that often lead to breakthrough price.
Technical analysis shows the LINK is pressed into the upper Bollinger band, MACD maintain the increased price and the RSI at the level of ~57, signalling the growth is still wide. Current price is testing resistance EMA 100 days of around $14,35. If exceeded by $14.40, LINK can towards the price by $15.10–$15.50 levels.
Data on-chain from IntoTheBlock recorded cash flow from the whale, the increase 107,82% in the past week. This move, combined with the reduced supply on the trading floor, are creating great expectations for a cycle next price increase of Chainlink.
2. Arbitrum (ARB) – Altcoin electronic money is worth pondering today on ecosystem Layer-2
Arbitrum are headed for a wave of new interest after Robinhood Europe integration of stock and ETF encryption on the background Layer-2 of them. The number of active users daily, increased by ~25%, reaching the top 523.000 for operation on 30/6 – the highest level in over a year.
The total value locked (TVL) of Arbitrum has exceeded 2.75 billion USD, demonstrating the trust of the community DeFi. In particular, over 13.8 billion in assets have been transferred from Ethereum and the other string to Arbitrum, shows the trend of users choose Arbitrum where interactive Dapp privacy.
Current price ARB are accumulated below the resistance level of $0,390. If passed, the possibility of increasing to $0,44–$0,47 is workable. However, investors should also note to the unlock ~92,65 million ARB on 16/7, can cause selling pressure short term.
3. Pepecoin (PEPE) – Altcoin electronic money is worth considering the most current, thanks to the effect Meme Coin
Pepecoin – the banner head of the movement meme coin 2023 – is showing signs of coming back. The data on-chain showed the accumulation of the whale, the volume of supply on the floor up and the volume of transactions DEX rise.
Technically, PEPE is forming a triangle pattern that gradually increases from the end of 6 months, with resistance $0,0000108. If the pair breaks this level, the price can advance to the $0,000013–$0,0000145, equivalent to 25-40%.
The RSI of PEPE has exceeded the neutral 50, while the MACD turning green from day 6/7. This is the positive signal for a price increase potential in the short term.
Top 3 Altcoin electronic money is worth pondering today don't only stand out on technical factors, but also supported by the positive movement in the ecosystem. Although the overall market is still volatile, three projects this deserve to be in the track list of the investment wisdom. Don't forget to update to add the latest trends in Blog Meme Coin in order not to miss the opportunity!
