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Crypto Portfolio
Crypto portfolio for July 2024
Greetings. My name is Victor, and today we will look at technical analysis and forecasts of cryptocurrency rate changes within my crypto portfolio. I would like to remind you that this is not a financial recommendation, but my personal opinions and analysis. It is important to do your own research before making investment decisions.
Avalanche (AVAX)
I see that Avalanche (AVAX) is demonstrating active ecosystem development and increasing investor interest. The integration of USDC, the partnership with DeFi Alliance, and the support from BitGo are all indicative of the platform’s positive prospects. The latest news shows that the AVAX price could rise significantly in the coming months.
On the technical chart, we can see that AVAX is in an accumulation phase. The course decline precedes a possible rise, which is confirmed by the indicators. All indicators suggest that now is a good time to buy AVAX.
Cardano (ADA)
Cardano (ADA) continues to show strong development despite recent difficulties. The Hydra update, increased activity in DeFi applications, and integration with metadata are increasing the functionality and popularity of Cardano. Analysts predict further growth in the ADA price in the coming months and years.
On the technical chart of ADA, we see a similar situation to AVAX. Cardano is in an accumulation zone, which is confirmed by the indicators. Buying opportunities look attractive and all indicators point to a possible price increase in the future.
Polkadot (DOT)
Polkadot (DOT) is also showing significant development and growing investor interest. The latest news indicates significant technological and organisational achievements, including the implementation of staking, the allocation of funds for DeFi, and active work on the tokenisation of real assets.
On Polkadot’s chart, we see that the project is just before the start of growth. Investors have good opportunities to enter this project, as indicators show favourable conditions for buying.
VeChain (VET)
VeChain (VET) shows significant upside potential. Recent news and analysts’ forecasts indicate a high level of investor interest and positive technical indicators. The price increase over the past month and positive forecasts support an optimistic outlook for the future.
On the VET technical chart, we see that the project is in the accumulation phase. Indicators show favourable conditions for entering this project, and all indicators suggest a possible price increase in the future.
Axie Infinity (AXS)
Axie Infinity (AXS) continues to demonstrate stable development and growing investor interest. The latest updates to the game, the growth in the number of active users, and the introduction of new features indicate the project’s prospects.
On the technical chart of AXS, we can see that the project is in an accumulation zone. Indicators show favourable conditions for entering this project, and all indicators suggest a possible price increase in the future.
1INCH (1INCH)
One Inch (1INCH) is a decentralised exchange with active development. The latest news includes a collaboration, a price increase, and a protocol update. This highlights the active development of the platform and its integration with new technologies.
On the 1INCH chart, we can see that the project is also in the accumulation phase. Indicators show favourable conditions for entering this project, and all indicators suggest a possible price increase in the future.
July 2024
In summary, we can say that my crypto portfolio for July 2024 includes projects with high growth potential. All of the cryptocurrencies in question – Avalanche, Cardano, Polkadot, VeChain, Axie Infinity, and One Inch – show positive signals on technical charts and have favourable conditions for investment.
I recommend following the news and indicators to make informed investment decisions. Remember that this is not a financial recommendation, but only my personal opinion. I wish you success in crypto trading and investments!
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