Price Analysis

Top 3 Altcoins For December 2022:-BNB, MATIC, LINK Price to Explode Very Soon!

Author: Sahana Vibhute

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A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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Story Highlights
  • Altcoins are gaining significant traction nowadays as the Bitcoin price continues to trade sideways

  • The popular altcoins like Binance Coin, Polygon & Chainlink are expected to rise beyond the pivotal resistance very soon

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. 

maticprice

“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. 

chainlinkprice

“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. 

binancecoin price

“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, “

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Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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