The bulls have resumed their campaign, and the crypto market is working extremely hard to recover. Meanwhile, Bitcoin prices have surged close to $20,000 after rebounding front the lows of around $18,200. However, some of the altcoins are displaying huge potential to go long as the market sentiments & the BTC price stabilize a bit.
BinanceCoin (BNB)
BiananceCoin price surged notably to reach above $276, marking a trading volume of more than a billion for a while. The assets have cemented within the top 5 crypto asset and undergo a massive upswing as the bullish momentum outspreads within the space. The price may quickly regain the value above $300 initially and head towards $330. However, if the bulls are successful in raising the price beyond $400, then the BNB price may close the yearly trade around $500.
TerraClassic(LUNC)
Terra Classic has undergone a notable parabolic recovery ever since the asset dropped from its initial highs at $0.000544. Although the bears yet again dragged the price below $0.0002, the bulls quickly entered and elevated the price above $0.0003. While the bulls, presently appear to be slightly exhausted, an ease in the market sentiments may eventually begin with a significant upswing ahead.
TerraClassicUSD (USTC)
The popular algorithmic stablecoin that has dropped more than 95% from its peg at $1 is making huge attempts to revive a firm bullish trend. The token has experienced a drop of 2% in the past 24 hours, while has surged magnificently by more than 63% in the past 7 days. While the platform is receiving enough buying pressure, the stablecoin is expected to regain its peg at the earliest.
Polygon (MATIC)
Polygon’s price has been bullish ever since the asset rebounded from the lows at around $0.34. Presently, the MATIC price has risen above $0.8 gaining more than 158% in its value and consolidating around the gained levels. However, after a brief accumulation of strength, the price is primed to reach $0.9 at the earliest and trade beyond $1 by the end of the year 2022.
Shiba INU(SHIB)
Shiba INU which was once believed to have collapsed appears to have been surviving the bear market finely. By sustaining above $0.00001, Shiba INU manifest its strength, aiming to regain $0.00002 before the monthly close. However, after uplifting the price back beyond $0.00001 from $0.00000955, the bulls appear to be pacific at present, but may soon pull a massive leg up in the coming days.