The crypto market has remained in a consolidation section, with Bitcoin remaining barely beneath its all-time excessive.
The important thing catalysts for the trade this week would be the upcoming Federal Reserve minutes and President Donald Trump’s tariff deadline, set for July 9. A number of the prime cryptocurrencies to observe this week are Bonk (BONK), Aptos (APT), and Pi Network (PI).
Bonk
Bonk, the largest meme coin on Solana (SOL), shall be within the highlight this week as its surge continues. It has already rallied for 5 consecutive days and is hovering at its highest stage since Might 23.
Bonk has already moved above the 23.6% Fibonacci Retracement stage at $0.00002095 and is nearing the essential resistance stage at $0.000025, the best swing on Might 12.
Bonk has additionally moved above the 50-day and 100-day transferring averages, an indication that bulls are in management. Moreover, the Relative Power Index and the MACD indicators have all trended upward.
Subsequently, the Bonk value will possible proceed rising, with the following level to observe being the 50% retracement level at $0.00003453.
Aptos
Aptos, a prime layer-1 community, shall be within the highlight this week because it unlocks tokens price $50 million. Cryptocurrencies usually drop after their token unlocks since this usually will increase the variety of tokens in circulation.
Aptos value has been in a downtrend this yr, transferring from a excessive of $15.28 in November to $4.48 right this moment. It has fashioned a descending channel and moved beneath the 50-day and 100-day Exponential Transferring Averages.
The MACD has moved beneath the zero line, whereas the Relative Power Index has dropped beneath the impartial level at 50. Subsequently, Aptos value will possible proceed falling this week, with the important thing stage to observe being the year-to-date low of $3.82.
Pi Network
Pi Network shall be within the highlight this week because it hovers at an important help stage, which might set off a rebound. The token crashed to a low of $0.46 on July 6, a key value because it was the bottom stage in April and June.
Its crash has coincided with the Bollinger Band squeeze, because the unfold between the three strains has narrowed. Subsequently, there’s a chance that the token will bounce again this week so long as it holds above the help at $0.46. A rebound might see it retest the essential resistance stage at $1.
