Kaspa

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrencies-reach-new-highs-despite-market-turbulence-2/" data-wpel-link="internal">Cryptocurrencies Reach New Highs Despite Market Turbulence</a><br></p>
<p class="p1" style="text-align: justify">In June, the <a href="https://en.coin-turk.com/ftx-collapse-leaves-prominent-figures-including-tom-brady-with-huge-losses/" data-wpel-link="internal">crypto market</a> experienced a turbulent period, and despite <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market conditions</a>, several cryptocurrencies reached new highs. However, many had to deal with significant disadvantages. As July approaches, let’s examine the top three cryptocurrencies that could reach all-time highs before the end of the month.</p> 
<h2 class="p1" style="text-align: justify" id="bnb-chart-analysis">BNB Chart Analysis</h2> 
<p class="p1" style="text-align: justify"><strong>BNB</strong> became one of the first five altcoins to surpass its previous all-time high. Since reaching $720.67 on June 6, the cryptocurrency has lost 21.11% of its value, and according to the BNB/USD daily chart, the Relative Strength Index (RSI), which measures momentum, has also entered a downtrend. However, the indicator seems to be heading towards the oversold region.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-365841 size-full" src="https://coin-turk.com/wp-content/uploads/2024/06/bnb-1.webp" alt="" width="1536" height="839"></p> 
<p class="p1" style="text-align: justify">Additionally, the Accumulation/Distribution (A/D) indicator shows that the distribution is not intense. Therefore, if BNB enters an overselling process, the price may recover. If buying pressure increases, the asset’s price could rise by 29.90%, reaching an all-time high of $740.70 in July.</p> 
<h2 class="p1" style="text-align: justify" id="kas-chart-analysis">KAS Chart Analysis</h2> 
<p class="p1" style="text-align: justify">KAS is the native cryptocurrency of the <strong>Kaspa Network</strong>, a Proof-of-Work (PoW) based project different from traditional blockchains. Currently, KAS is only 9.61% below its all-time high of $0.19.</p> 
<p class="p1" style="text-align: justify">Trading at $0.17, the token gained 6.75% in the last 24 hours, with trading volume showing a surprising increase of 172.65%. The increase in trading volume clearly shows the market’s interest in KAS. On the 4-hour chart, bulls are seen defending the $0.14 and $0.15 support levels. Additionally, on June 13, they broke the $0.16 resistance, a significant supply zone showing a downtrend.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-365840 size-full" src="https://coin-turk.com/wp-content/uploads/2024/06/kas.webp" alt="" width="1536" height="839"></p> 
<p class="p1" style="text-align: justify">The red candlesticks on the chart reveal this. Therefore, the KAS price may retest $0.16, but a recovery is possible, and in such a case, the cryptocurrency’s value could reach $0.20 in July.</p> 
<h2 class="p1" style="text-align: justify" id="brett-chart-analysis">BRETT Chart Analysis</h2> 
<p class="p1" style="text-align: justify">The last on the list is the memecoin project <strong>BRETT</strong> developed on the Coinbase Layer-2 network Base. According to the 4-hour chart, BRETT formed a parabolic pattern between May 9 and June 9. During this period, the price rose from $0.033 to $0.19. However, the formation of the parabolic curve pattern indicates that the cryptocurrency has reached saturation at its peak. Therefore, BRETT is currently trading at $0.15, and a price reversal is expected. Despite the decline, the RSI manages to avoid falling below the 50.00 midpoint.</p> 
<p class="p1" style="text-align: justify">This proves that bulls are determined to protect the support at $0.13. If this continues until next month, it could prevent the <strong>price</strong> of BRETT from falling. If so, the price could test all-time highs between $0.20 and $0.21.</p> 
<p class="p1" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-365839 size-full" src="https://coin-turk.com/wp-content/uploads/2024/06/brett-1.webp" alt="" width="1536" height="839"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/cryptocurrencies-reach-new-highs-despite-market-turbulence-2/" data-wpel-link="internal">Cryptocurrencies Reach New Highs Despite Market Turbulence</a></h5>

Cryptocurrencies Reach New Highs Despite Market Turbulence

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