Experienced Analyst: These 4 Altcoins Are Ready to Run With Bitcoin’s Attack!

The cryptocurrency market started the new week with sales. Leading crypto Bitcoin fell below 61 thousand dollars. However, BTC and altcoins are still struggling at their critical levels. According to experienced technical analyst Rakesh Upadhyay, these 4 altcoins may attract buying if the bears cannot stabilize Bitcoin below $64,602. Analyst evaluates technical photos of Bitcoin and these 4 altcoins.

Bitcoin (BTC) price analysis

Bitcoin broke below the $64,602 support on June 21, but the bears were unable to extend their advantage. This shows that sales are decreasing at lower levels. The bulls will need to push the price above the moving averages to trap the aggressive bears. If they do, BTC is likely to gain momentum and rise to $70,000 and subsequently to $72,000. The bears are expected to mount a strong defense in the $72,000 to $73,777 zone. On the contrary, if the price turns down from the current level or moving averages, it will indicate that sentiment remains negative and traders are selling in rallies. This will increase the possibility of a deeper correction to $60,000.

BTC/USDT daily chart. Source: TradingView

TON price analysis: $8.29 and $10 on the way for the altcoin!

The bulls did not allow Toncoin (TON) to fall below the 50-day SMA ($6.83). This suggests solid buying at lower levels. The bulls are attempting to push the price above the overhead resistance at $7.67. If they can achieve this, TON could rise to $8.29. This level could act as a stiff resistance, but if the bulls prevail, the altcoin could begin its march towards $10. Contrary to this assumption, if the price turns down from the current level and breaks below $6.60, it will complete a head and shoulders formation. This could initiate a real downside move to $4.91, which is the formation objective.

TON/USDT daily chart. Source: TradingView

PEPE price analysis: Bulls attempted to recover!

cryptokoin.com As you follow from , Pepe has been making corrections for the last few days. But the $0.000010 bounce indicates that the bulls are attempting a recovery. Buyers will always need to push the price above the downtrend line and moving averages to signal the beginning of a recovery. PEPE may rise to $0.000014 and subsequently to $0.000016. On the contrary, if the price turns down from the downtrend line or moving averages, it will indicate that the bears continue to sell in rallies. A break below $0.000010 could open the doors for a decline to $0.000008.

PEPE/USDT daily chart. Source: TradingView

KAS price analysis: There is low buying for the altcoin!

Kaspa (KAS) bounced off the 50-day SMA ($0.14) on June 18, signaling a buy signal at lower levels. The bulls continued their buying and pushed the price above the 20-day EMA ($0.15) on June 23. If buyers maintain the momentum and push the price above the downtrend line, it will indicate that the correction may be over. KAS may attempt a real rally to the stiff overhead resistance of $0.19. On the downside, the critical support to watch is the 50-day SMA. A break and close below this level would indicate the beginning of a sharper correction to $0.10. The bulls will try to stop the decline at $0.10.

KAS/USDT daily chart. Source: TradingView

JASMY price analysis: Altcoin may rise to $0.04!

JasmyCoin (JASMY) rebounded from the 50-day SMA ($0.03) on June 21, indicating lower levels were attracting buyers. The 20-day EMA ($0.03) is flattening and the RSI is near the midpoint. This shows that the selling pressure has decreased. If buyers overcome the resistance at the 20-day EMA, JASMY could rise to $0.04. Alternatively, if the price turns down from the 20-day EMA, it indicates that the bears have not given up and continue to sell in rallies. The altcoin may then spend some time oscillating between the moving averages. A breakout and a close below the 50-day SMA could start a real deeper decline to $0.02.

JASMY/USDT daily chart. Source: TradingView