The fact that a large number of assets are trading in the green region on the daily charts suggests that the cryptocurrency market is gradually improving. Bitcoin has increased by 1% in the last day even if its price is still below $62,000.
With the second quarter of 2024 coming to a close, we may witness a shift in investor sentiment over the next few days. Let’s look at three crypto assets to watch this weekend.
Top 3 cryptocurrencies to watch this weekend
ETH:
Source: Investopedia
According to a Reuters report, the US SEC may approve the highly anticipated ETH ETFs for launch in early July. The financial watchdog recently ended its investigation into the project as well. Both developments could lead to a substantial price rally.
Also Read: Cryptocurrency: 3 Coins Set To Give 2x Returns In July
ETH has recovered 2.3% in the daily charts but is still down by nearly 11% over the previous month. The ETF launch anticipation could reverse the asset’s trend, making it a worthy cryptocurrency to watch.
Avalanche (AVAX):
Source: Pixabay
AVAX is currently the best-performing cryptocurrency in the top 20 projects. The asset has rallied by 10% in the last 24 hours.
Also Read: Cryptocurrency: Top 3 Coins Under $1 To Buy During The Dip
CoinCodex suggests that AVAX’s rally will continue in July. The cryptocurrency is predicted to breach the $90 mark next month, hitting $94 on July 26.
Solana (SOL):
Source – Zipmex
Solana seems to be reversing its trend as well. The daily charts show a 7% increase in the cryptocurrency’s value, while the weekly charts show a nearly 9% increase. The rally is most likely the result of VanEck’s SOL ETF application.
CoinCodex researchers predict that SOL will continue to trade at its present levels with a rally in mid-July.