Altcoins

BNB, AVAX, POLIS, CRV Price Poised to Hit New ATH Soon!

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– Altcoins predicted to skyrocket soon!

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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.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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