Top Cryptocurrencies to Buy Now – June 26: Notcoin, Ethereum Name Services Pepe
Major cryptocurrencies are currently consolidating within recent ranges as traders await major risk and volatility expected later in the week. While Bitcoin (BTC) and Ethereum (ETH) flat in the respective price regions of $62,000 and $3,400, are turning their attention to smaller altcoins in search of potential investment opportunities.
Traders will monitor the release of US Core PCE inflation data on Friday as it may influence the of a September interest rate cut by the Federal Reserve. Additionally, significant volatility is expected to quarterly option expiries with $6 billion BTC options and $3 billion in ETH options rolling off on Deribit.
In days, market sentiment has been affected by factors such as German government BTC wallet movements, narratives Mt Gox, and miner selling. However, traders are hopeful that Bitcoin’s recent from its 200-day moving average (DMA) could signify a potential rebound. The strong at around $60,000 has held up well over the past few months.
Eum also has the potential to rally back towards its recent highs if upcoming Ethereum ETF launches stronger-than-expected demand. Bitwise predicts that Ethereum ETFs could generate approximately $15 in demand within their first 18 months.
While both Bitcoin and Ethereum offer potential gains this bull market period—potentially reaching 2-3 times their current values—some investors seek greater upside opportunities. These investors are smaller and lesser-known altcoins that carry higher risks but can potentially deliver faster returns.
are some top-performing cryptocurrencies worth considering:
1. Notcoin (NOT): This newly launched TON blockchain-based play-to-earn token is leading the market with a % increase over the past 24 hours. With a breakout from a bullish pennant formation possible if it surpasses $0.018 convincingly, NOT holds growth potential given its current market cap of only $1.61 billion.
2. Ethereum Name Service (): ENS—a popular service for changing Ethereum wallet names—is exhibiting bullish signals with a 6% surge over the past day while trading within a-term pennant pattern below critical resistance at $30. A decisive break above this level could trigger substantial price momentum towards new all-time highs—possibly achieving gains of 4-5 times its current value.
3.Pepe(PEPE): Pepe has experienced strong bullish momentum recently with a 5% increase over the past day while breaking out from a short-term downtrend pattern; it may soon retest record highs above $0.000017.Since an impending launch for an Ethereum ETF is anticipated by some experts to bring back “meme season,” Pepe—a well-known name among crypto enthusiasts—could benefit significantly from this trend.
It’s important to note that investing in cryptocurrency carries inherent risks,and these coins should be thoroughly researched before making any investment decisions.