After the fresh price slash, Bitcoin’s price appears to be quite uncertain as it is constantly failing to reclaim above $17,000. Meanwhile, other popular altcoins like Binance Coin(BNB), Polygon (MATIC) & Chainlink (LINK) have been flashing bullish signals.
Polygon (MATIC)
Analyst Micheal van de Poppe sheds light on the Polygon (MATIC) price in a coming couple of weeks. The analyst sees a giant move incoming for the assets that may rise the price beyond $1.03 shortly.
“Showing strength recently.
If $0.84 grants a long, I’d looking for one there.
Further, expecting continuation towards $1 and higher in the coming weeks, potentially a retest at $1.30”
Chainlink (LINK)
One of the well-known traders and analysts, Johnny believes that the LINK price may rise beyond the mid-range and reach the November highs very soon. As the price successfully rebounded from the July lows, the token may undertake a ‘v-shaped’ recovery to reach the highs very soon.
“30% push from range lows and now pushing into mid-range and trying to flip it into support.
Flipping here opens the door to a move toward range highs,”
Binance Coin (BNB)
Binance Coin price has been displaying significant strength after it rebounded from the lows and maintained a steep upswing forming consecutive higher highs and lows. Therefore, a clear path towards the pivotal resistance above $300 appears quite possible as the trade appears to have been stuck in the liquidity zone for a long time now.
Therefore, popular analyst, Solldy believes the price may rise high beyond the liquidity zone very soon.
“The volatility of trading has decreased
Price is testing 50-EMA as support (4H TF) 200 EMA(30m TF)
I expect the price to rise after the price fixes above the liquidity zone, “
Source: https://coinpedia.org/price-analysis/top-3-altcoins-for-december-2022-bnb-matic-link-price-to-explode-very-soon/