Are you ready to invest in the hottest cryptocurrencies of summer 2023? With the ever-increasing popularity of cryptocurrencies, it can be difficult to keep track of the best investments.
In this article, We'll discover the top 3 cryptos to keep an eye on during summer 2023: Pepe, City, and Bitcoin.
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Top 3 Crypto of Summer 2023 for Good Returns
Before we dive into the nitty-gritty of the crypto price analysis of the cryptocurrencies we’re going to list, let’s have a look at one of the crypto exchanges in the industry.
What is BYDFI (prior to this BitYard)?
BYDFI, a crypto exchange designed to cater to traders worldwide. One of the platform’s standout features is copy trading, which enables users to replicate the strategies of successful traders on the platform.
This feature is particularly beneficial for novice traders seeking to learn and potentially achieve profitable outcomes. BYDFI also boasts competitive fees, ensuring low transaction costs and maximizing potential profits.
With a user-friendly interface, a diverse range of cryptocurrencies, and advanced trading options, BYDFI is the go-to platform for traders seeking simplicity, security, and profitability.
Pepe Price Prediction
Pepe is a new cryptocurrency that has gained a lot of attention recently. It is named after the popular internet meme and has a unique value proposition. Pepe is designed to be a stablecoin. Wait for the price to cool down, then add a small portion to the coin.
The market cap has just crossed $1 billion and with the meme community backing it, who knows how much upside it has? Let’s take a look at the chart:
In a 30mint time frame, the price is moving inside the descending triangle.
Price is getting rejected from the resistance trendline and trying to break its horizontal support zone. We have to wait for a successful breakout or breakdown to confirm its next direction of $PEPE.
City Price Prediction
Another cryptocurrency worth keeping an eye on during the summer of 2023 is City Token, which is the official fan token of Manchester City FC. It is designed to be used as a payment method for exclusive fan experiences, such as match tickets and merchandise.
With Manchester City in a hunt for a historic treble of trophies, the value is expected to shoot up if they manage to win. Let’s look at the chart:
In a 4-hour time frame, the price is consolidating inside the falling wedge. we have to wait for a successful breakout to confirm its next movement of $CITY.
Bitcoin Price Prediction
Finally, we can’t discuss the top cryptocurrencies to keep an eye on without mentioning Bitcoin. Bitcoin is the original cryptocurrency and still the most valuable. If it manages to cross the big $30k hurdle with good volumes, then predictions go as high as $100,000.
Let’s look at the chart:
It is in the formation of a bullish butterfly pattern. There is a ton of untapped liquidity below 26480. That could be the last liquidity grab before the major explosion.
In this article, We have looked at the top 3 cryptos for summer 2023, in the next article we will look at the top 3 cryptos in the fan token category. Stay tuned!
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