The publication Attention merchants! Top Altcoins to Bet on in the Week Ahead: BNB, LINK, ZIL, MATIC and AVAX to Surge High! first appeared on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Binance Coin (BNB)

Binance coin price is making big moves in recent days, easing the bearish impact from time to time. The claim is that after a short consolidation, everything is ready to go higher, aiming to gain more than 30% in the next few days. The area around $270 can be considered a major resistance zone after the asset showed a strong bounce from $250.

However, a strong rebound is expected in these regions after facing resistance for the second time in a row. On the other hand, last week’s corrections were quite quick and not as strong as usual. BNB price has finely held the lower support and thus the resistance levels are about to be tested for a second time. Therefore, it can easily break above the levels to set up a strong upward trajectory ahead.

Chain link (LINK)

Chainlink price has been in a downward movement since the beginning of the year and has often opted to trade within a horizontal range. While volumes have dropped considerably, the asset remains volatile. And thus, by finding a good entry at $6.15, the long position can hit the initial target at $7.

However, LINK price did not break out of the range building and may still offer great opportunities. In such a case, the crucial resistance would be around $7.35 and if it breaks down and rises, the next level to hit could be around $8.50 or even $9.50. Therefore, the price of LINK shows the possibility of a range high of almost 30% in the next few days.

Zilliqa (ZIL)

Some altcoins prefer to move at their own speed and Zilliqa is one of them. After a gigantic rally a couple of months prior, the asset has now hit lows. Currently, however, the asset is trading within lower levels near support despite achieving a retest in the $0.039 region.

However, the crucial resistance that needs to be broken is around $0.00405-$0.04. As the asset has been testing crucial resistance, it may take a long jump to trade around $0.0435 to $0.044. In the event of a prolonged rally, ZIL price may even trade near the $0.05 levels as well.



This post Attention merchants! Top Altcoins to Bet on in the Week Ahead: BNB, LINK, ZIL, MATIC and AVAX to Surge High!

was published first on https://coinpedia.org/price-analysis/bnb-link-zil-matic-avax-to-surge-high/

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