3 Hidden Gem Altcoins That Can Yield Gains in July

The crypto market is buzzing with numerous digital assets, so it’s not surprising that many promising altcoins remain under the radar.

BeInCrypto brings forward three underestimated assets that stand out in their respective category.

MANTRA (OM) — the RWA Underdog

MANTRA is a Layer-1 Security Real World Asset (RWA) blockchain. Among many other features, the most notable one is its ability to provide a permissionless network for permissioned applications.

In the first two weeks of June, the altcoin saw a remarkable 55% growth, reaching just under $1.04. However, it failed to break through this level and subsequently experienced a massive decline, erasing all the gains made.

Despite this setback, OM’s price has maintained a crucial support level at $0.64, which has held firm for three and a half months. This support level offers OM’s price a chance to rebound, especially as the Relative Strength Index (RSI) approaches bullish territory.

Raydium’s Price Analysis. Source: TradingView

But if the breakout fails and Raydium’s price remains consolidated, the sideways momentum will continue, which can invalidate the bullish thesis.