Today's highest price prediction for Crypto Assets: PUMP, ENA, and S lead the altcoin market, indicators suggest the pump trend continues.

With the recovery of Ethereum (ETH) and funds shifting from Bitcoin (BTC) to other Crypto Assets pipelines, altcoins have also gained momentum. PumpFun (PUMP), Ethena (ENA), and Sonic (S) have led the market in the past 24 hours, indicating that the upward trend will continue.

PUMP continues to break through the momentum

As of Thursday (July 31), the PUMP price rose by 15%, continuing the breakout bullish trend from the 4-hour price chart's up and down channel. The rebound momentum also exceeded the level of $0.0030, which formed a consolidation range, with the bottom support level at $0.0023.

The target of the PUMP is the low point of 0.0037 USD on July 18, with a potential increase of nearly 20%.

Due to the upward trend in the Moving Average Convergence Divergence (MACD), the green histogram bars indicate a strengthening bullish momentum, and investors can increase their exposure.

The Relative Strength Index (RSI) reads 62 on the 4-hour chart, maintaining a steady trend towards the overbought boundary as buying pressure increases.

The downside is that if the PUMP coin falls below the $0.0030 level, it could extend the decline to $0.0023.

(Source: Trading View)

ENA Revitalization Regains Momentum

As of Thursday's press release, the ENA price has risen slightly by 4%. The day before, the stock rose more than 6% after testing the support level of $0.5446. The rebound of ENA increases the possibility of a golden cross formation between the 50-day and 200-day Exponential Moving Averages (EMA).

To solidify the upward trend, ENA must decisively close above the weekly resistance level of $0.6576, which could extend the pump to the level of $0.7982 tested on January 31.

As the MACD line on the daily chart gradually approaches the signal line, indicating a potential crossover and sell signal, investors should lower their bullish expectations. This is consistent with ENA's short-term fluctuations and the retest of the level at 0.5446 USD.

However, the RSI reading on the same chart is 69, indicating increased buying pressure.

On the other hand, if it falls below the level of 0.5446 USD, the decline may expand to 0.4614 USD.

(Source: Trading View)

S Wedge Reversal Gains Attention

Sonic's S token is holding above $0.30, forming a long lower shadow bullish candlestick. As of the time of writing, the Sonic price has risen by over 4%, suggesting a potential morning star formation.

The reversal of Sonic may retest the 50-day EMA at $0.3548, followed by the upper trend line of the descending wedge pattern shared in the daily chart below, near $0.3700.

The MACD line may break through the signal line in the next few trading days, indicating that trend momentum will shift. The RSI is at 49, facing upward potential, showing that buying pressure is rising and approaching neutral levels.

The downside is that if Sonic breaks below the $0.2932 level, it could extend the decline to $0.2494, which is the low from June 22.

(Source: Trading View)