Cryptocurrency investors, especially those new to the market, are eyeing potential gains from alternative cryptocurrencies (altcoins) in the upcoming month of June. Unlike May, a period lacking significant peaks, the recent news about an Ethereum (ETH) Exchange-Traded Fund (ETF) failed to spark the anticipated rally in altcoins. This raises the question of what lies ahead for investors in the altcoin realm.

Monero (XMR)

Monero (XMR) stands as a prominent altcoin known for its focus on privacy, once enjoying substantial popularity. However, the removal of privacy tokens from various exchanges has made it challenging for new investors to grasp. Presently, XMR is trading at $142, nearing the EMA50 threshold, hinting at a potential upward breakthrough.

Moreover, the MACD data validates the advantage held by buyers, suggesting a probable price surge. Continued momentum could propel XMR's price to new highs, surpassing $152.25. Conversely, in a bearish scenario, the $110 support level might become a target amid significant sell-offs.

Kaspa (KAS)

In 2021, Kaspa (KAS) Coin garnered substantial attention from crypto enthusiasts but has somewhat faded into obscurity. Given the rapid launch of 80-90 major cryptocurrencies within a short span, this decline is somewhat expected. The Chaikin Money Flow (CMF) indicator reflects a rising buying pressure, indicating a potential price increase to $0.144 in June if closures surpass $0.13. Nonetheless, if buyer interest wanes, a drop to $0.12 could be imminent.

Decentraland (MANA)

Decentraland (MANA) Coin, once a favored altcoin in 2021, observed significant price peaks during the surge of the metaverse narrative among investors. However, the subsequent fading of enthusiasm in AI and RWA sectors led to a sudden downturn. The metaverse saga remains ongoing, yet augmented reality, AI-backed imaging, and enhanced storytelling capabilities must become more pronounced in this domain.

Price-wise, MANA has been consolidating within a horizontal range since April 8, nearing the upper trend line. The DMI index displays a relatively positive outlook, hinting at a potential price rally towards $0.47. Conversely, a test of $0.41 as a support level cannot be discounted.