– Altcoins predicted to skyrocket soon!
Following a weekend bounce, major cryptocurrencies have continued to rise. six of the top ten cryptocurrencies were trading higher. Profit booking was seen in Binance Coin and Solana, while XRP gained 9%. The worldwide crypto market capitalization increased by 4% to $2.85 trillion. The entire crypto market volume, however, remained practically unchanged at $97.46 billion.
Epic rallies are expected for Binance Coin (BNB), Avalanche (AVAX), and two more cryptocurrencies, according to a well-known crypto analyst and trader.
Binance Coin(BNB)
Smart Contracter, a pseudonymous trader on Twitter, informs his followers that he believes BNB, Binance’s utility token, is in the midst of a rally that may bring the altcoin’s price above $1,200.
If BNB follows the trader’s script, it will rise by more than 85% from its current price of $648.
At the time of writing, BNB is trading at $643.20 down by 3.1% in the last 24 hours. The token is correcting from it’s 24 hr high climb to $668. The immediate resistance is at $645 from here.
Avalanche (AVAX)
Avalanche, an Ethereum competitor, is another coin on the trader’s radar. AVAX is preparing for a significant climb into new all-time high territory above $120, according to Smart Contracter.
“AVAX about to go into all-time high. Price discovery again.”
At the time of writing, AVAX is trading at $92.68 up by 10.9% in the last 24 hours. The token in 3 cents away from hitting it’s ATH at $95.
Curve(CRV)
CRV, the governance token of Curve Finance, a stablecoin-focused decentralised exchange, is next. CRV has already cut a local bottom, according to Smart Contracter, and is prepared to soar to his target price of $7.00.
On this most recent CRV decline, 33 percent dip peak to trough and prior high SR (support/resistance) flip. This should only continue from here, he added.
At the time of writing,CRV is trading at $4.47 up by 4.3% in the last 24 hours. It is correcting from it’s 24 hr high of $4.71.
Star Atlas(POLIS)
POLIS, a space-themed blockchain-based game built on Solana, is the last currency on the trader’s list (SOL). POLIS, according to the crypto expert, will see a massive rise to above $20 now that it has broken through a diagonal resistance that has held the altcoin bearish for the past two months.
He mentions that the early excitement surrounding the listing has subsided. I got the NFT (non-fungible token) gaming/metaverse narrative, as well as a clean volume trendline break. He added.
At the time of writing, POLIS is trading at $9.44 up by 7.8% in the last 24 hours. The next resistance is at $9.49.
Source: https://coinpedia.org/altcoin/bnb-avax-polis-crv-price-poised-to-hit-new-ath-soon/
- 7
- Advertisement
- Altcoin
- Altcoins
- analyst
- Avalanche
- bearish
- Billion
- binance
- Binance Coin
- Binance Coin (BNB)
- bnb
- capitalization
- Coin
- continue
- CRV
- crypto
- Crypto Market
- cryptocurrencies
- Currency
- Current
- curve
- discovery
- Early
- ethereum
- exchange
- finance
- game
- governance
- here
- High
- hr
- HTTPS
- IT
- List
- listing
- local
- major
- Market
- Market Capitalization
- mentions
- months
- NFT
- price
- Profit
- radar
- rally
- SIX
- smart
- Solana
- Target
- time
- token
- top
- trader
- Trading
- utility
- Utility Token
- volume
- weekend
- worldwide
- writing
- xrp