- 1. Hyperliquid Price Prediction and Factors To Watch
- 2. Technical Analysis Shows Why Investors Remain Bullish on SUI
- 3. What's The Target After Litecoin's Consolidation From the 2023 Halving?
- 4. Is Remittix The Bull To Ride?
Different factors drive the crypto hype in this second half, but experts’ analysis could help deliver the best strategy this August. Top analysts give their two cents on Hyperliquid, Sui, Remittix, and Litecoin.
While these four giants have bullish factors ready to start a surge, key features show some might go higher than the others.
Looking at investing in crypto this August? Here’s an expert opinion on the bullish catalysts of Hyperliquid, Sui, Remittix, and Litecoin to guide you right.
Hyperliquid Price Prediction and Factors To Watch
Hyperliquid breaking into the perpetual trading market with millions in daily volume has ignited investors’ interest. This past month, the hyperliquid on-chain order book and its consensus mechanism have opened it to the world.
However, with a consistent price uptrend, the ecosystem growth has kept it on investors’ watch. Whale buying in the last few weeks has also skyrocketed, with Hyperliquid boasting around over $500 million in daily volume.
With the Hyperliquid price increasing this month, experts are getting divided on the next high level. Hyperliquid price saw a 150% surge this month, sending it to a new ATH of $49, but the forecast says it could reach $52 in August.
Technical Analysis Shows Why Investors Remain Bullish on SUI
The Sui coin is recovering from a dip triggered in January, which saw it go from $5 to $1.73. However, a growth in the project’s reputation among developers fuels a comeback that could set a new high in August. Experts believe the sharp rise in DeFi projects on the SUI network could contribute to its price growth in August.
According to the price outlook, the Sui price hitting $5.35 again could see a breakout towards $6. Moreover, the current price setup shows the SUI price in a resistance zone that doubles in a bull-bear parade. Breaking current resistance might see the price surpass $5 in August as adoption continues.
What’s The Target After Litecoin’s Consolidation From the 2023 Halving?
The Litecoin halving in 2023 raises different questions, with many analysts saying it had no bullish effect. However, according to an analysis, the halving program has sparked a supply squeeze, changing the Litecoin price direction. The chart shows the Litecoin price in a multi-month consolidation ranging between $75 and $146.
However, experts believe the return of altcoin season could cross with ongoing whale accumulation, causing a supply shock. This instant change in supply to demand could cause Litecoin to hit $146 in August, from its current $109.
Is Remittix The Bull To Ride?
While the other 3 coins’ analysis shows a speculative surge between 30% to 80%, Remittix’s projection shows up to 500% in August. This is a surge that analysts predicted could be fueled by the ongoing demand pressure with the upcoming wallet launch. The Remittix beta wallet launch, set for this year’s third quarter, shows that a potential surge in adoption could follow.
Remittix crypto to fiat is becoming a market game changer, and investors are rushing to have an early seat. The solution creates a smooth bridge to send money across the world directly into a bank account using cryptocurrency. Here are the features analysts believe could fuel further surge post-August:
- Business payment API for crypto-to-fiat integration
- Strategic partnership across the world with over 30 fiat currencies already supportedÂ
- Community rewards to fuel the ecosystem growth and adoptionÂ
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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This article is not intended as financial advice. Educational purposes only.