July brings waves of change in the cryptocurrency market with both positive and negative trends among various altcoins, including AVAX and Pi Coin. Meanwhile, the BlockDAG project is demonstrating significant growth.
AVAX Price Outlook
AVAX continues to find support within a falling wedge pattern that may lead to a rise above $20. Currently at $17.88, if it breaks the $18.50 resistance, it could move towards $28 and possibly $50. This bullish perspective is backed by recent data showing Avalanche's daily transactions have reached 1.5 million.
Pi Coin Price Under Pressure
Pi Coin's price has dropped 26.3% in the past week and another 9% in the last day, despite an overall rise in the cryptocurrency market. Technical indicators continue to indicate bearish movement, with a potential decline towards $0.62 if the current support holds.
BlockDAG's Success
BlockDAG is marking significant milestones, raising $336 million in presale and confirming 20 exchange listings. This project is positioning itself as one of the strongest in the cryptocurrency market, evidenced by high investor interest.
The cryptocurrency market continues to exhibit diverse trends. AVAX finds support in bullish patterns, Pi Coin faces selling pressure, while BlockDAG sets a new benchmark for success in the crypto space.
