Crypto analyst David says STG price has more than 40 percent upside potential. Popular analyst Ali Martinez is expecting a strong move from MATIC. Another popular analyst, Michaël van de Poppe, predicts that LINK will increase by over 120 percent. We have compiled analysts’ predictions for these 3 altcoins for our readers.
STG price prediction: Altcoin is approaching long-term resistance!
Stargate Finance (STG) price dropped to a yearly low of $0.39 in mid-October 2023. However, it has been on the rise ever since. This upward momentum brought the price to a key resistance zone at $0.71. He also attempted four breaks here. But it failed every time (shown with red hammers). STG price is currently attempting another breakout (green arrow) after bouncing off the $0.5 support zone two weeks ago.
In particular, last week’s candle was a major bullish candle. Additionally, it closed right near the resistance zone, indicating that the selling pressure in this area has weakened. Meanwhile, the weekly RSI has jumped above the descending divergence line and moved above the 50 level. This shows that the bulls have an advantage. If a breakout occurs, it is possible for the altcoin price to rise 42.78% to the next resistance zone at $0.95.
MATIC price prediction: It is possible for the token price to increase by 70%!
Analyst Ali Martinez predicts Polygon (MATIC) will see double-digit value in the long term. If a key support level holds, Polygon could rise nearly 77% to a price it last reached in February 2022, Martinez says. In this context, the analyst makes the following statement:
Polygon shows promising signs from a long-term perspective. The dominant formation appears to be a multi-year symmetrical triangle. If MATIC can close above $0.96, it could signal the beginning of a bull rally with a potential target of $1.73!
LINK price prediction: $40 is on the cards for the altcoin!
Analyst Michaël van de Poppe says Chainlink (LINK) could reach $40 with a massive 123% increase in the next few months. Regarding this prediction, the analyst shares the following assessment:
Chainlink has taken another upward step towards significant resistance in the BTC pair. Couldn’t break. It is looking for a higher low and support and then a retracement back towards 4500 satoshis. I think LINK may rise to $30-40 in the coming months.
The opinions and predictions in the article belong to the analysts and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!