Leading analysts of the crypto money market stated that these 5 altcoin projects gave bullish signs and stated that they may be on the rise soon! Here are the details…
Popular analyst Crypto Banter pointed to these altcoin projects in his latest podcast!
Crypto Banter, one of the YouTube crypto analysis channels of the crypto money market, shared the altcoin projects that should be bought and followed closely for the next altcoin season, via a podcast published yesterday. The three cryptocurrencies that Crypto Banter was most excited about were Cardano (ADA), Avalanche (AVAX) and Polygon (MATIC).
Cardano (ADA)
Crypto Banter, while expressing his interest in ADA in his statements in his YouTube video, mentioned the strong community of the project and his belief that the project will stay around for a long time as some of the reasons why they are so bullish for the Ethereum-killer coin. The leading analyst and his team expect ADA to be able to target $0.4945 soon. This means that the Banter team expects a 150 percent increase in ADA’s next rise.
Avalanche (AVAX)
In the second place of the analyst is AVAX. For the project, which is also closely followed by Turkish investors, the team explained that the popular altcoin AVAX is in an excellent buying position, momentarily close to the resistance level of around $ 17.14. If the altcoin’s price can break above this resistance, Crypto Banter believes AVAX could climb as high as $50 to $55 very soon. According to CoinMarketCap data, AVAX has increased by 2.14 percent in the past day and is instantly at $ 17.09. Its market value is at the level of 5.5 billion dollars.
Polygon (MATIC)
On the other hand, Polygon (MATIC), which has been on the rise with its partnerships recently, stands out as the 3rd in Crypto Banter’s list, as we quoted as Kriptokoin.com. While explaining the critical levels for MATIC, the analyst recommends investors to buy MATIC. One of the major reasons for this was that it held very well in the bear market and was one of the cryptocurrencies that fell the least during this time. Therefore, the team believes that MATIC will “fly” during the next bull run. He expects MATIC price to continue higher towards $1.8 or 1.9. MATIC is currently valued at $1.09.
Interest in these cryptocurrencies has increased recently!
On the other hand, cryptocurrency analysts are instantly preparing for the next big bang. Many think that the cryptocurrency market will take off in the near future. As the altcoin market has not yet reached its maximum potential, many investors are turning to altcoins to enjoy the upcoming bull run. As you know, the altcoin market still has not exited, although Bitcoin has reached the level of 28 thousand dollars. Many altcoins are still 90 percent off the ATH level. Analysts are calling this a recent uptrend.
Binance Coin (BNB)
On March 23, BNB rebounded from the 20-day EMA ($316), but the continued struggle of the bulls to continue the relief rally shows that the bears are seizing every opportunity to attack even minor rebounds.
Sellers will try to push the price below the 20-day EMA and if successful, BNB could drop to $300 and potentially to the 200-day SMA ($289). However, the bulls are likely to make a strong defense in the region between the 200-day SMA and $265. BNB is trading at $323, showing a minor uptrend over the past 24 hours. Analyzing the daily price chart, BNB has formed a triangle pattern and a break above the $340 pattern could push the coin to trade above $600 by next week.
Ripple (XRP)
XRP price continues to form consecutive intraday candlestick patterns, indicating a state of uncertainty among both buyers and sellers. A minor bullish sign is that the bulls have been able to maintain the 200-day SMA ($0.40) over the past three days. This could mean that the 200-day SMA could serve as a new support level next week.
XRP price is trading at $0.447, up over 4% in the last 24 hours. On the other hand, the analyst thinks that the XRP price could see a minor drop to $0.43 by tomorrow and then rise to a critical resistance zone of $0.48-0.49 over the next week.
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