Talks of an altcoin season stopped after the total market capitalization of cryptocurrencies fell below $2 trillion. Nevertheless, some altcoins showed growth in the first week of July.
MultiversX (EGLD) gained 1.5% for the week and 7.15% for the day, trading at $31.42. Technical analysis indicates a potential rise to $32.18, but a possible drop to $27.87.
MANTRA (OM) is up 11% at $0.78 after closing a $500 million tokenization deal. The MACD indicates a bullish momentum, and the price could reach $0.84, but a pullback to $0.72 is also possible.
LayerZero (ZRO) showed the largest growth among the top 3 altcoins, rising by 29.30% to $3.32, despite the controversy surrounding the launch and airdrop. Technical indicators indicate the possibility of growth to $3.45, but there is a risk of a drop to $3.07.