Top altcoins that can maintain bullish momentum when Bitcoin calms down! first appeared on Coinpedia Fintech News
The Bitcoin price appears to have raised the barrier from $17,000 to $17,500 as prices have remained range bound. Meanwhile, some of the popular altcoins like Polygon (MATIC), Solana (SOL), and Binance Coin (BNB) have managed to rise to a large extent.
Trading View The MATIC price is currently showing immense strength as it is on the cusp of a parabolic rally to reach the neckline of consolidation. After hitting the resistance, the price may witness a significant pullback towards the lower support around $0.84 and ignite a notable rally towards the intermediate resistance at $0.91. Here the bulls are required to maintain their strength, which may push the price above the crucial resistance at $0.95 which in turn can push the price beyond $1
The Trading View Solana price after the terrible fall caused by the collapse of the FTX exchange has managed to regain bullish momentum. $20 However, the RSI falls below the rising trend line, which is the current concern that may hinder the progress of the rally. However, after experiencing a small pullback, a notable rally can be initiated.
Binance Coin (BNB)
Trading View The price of Binance Coin appears to be gearing up to show massive price action as it is steadily gathering strength within the decisive symmetrical pennant. The price can fluctuate significantly for another couple of days or weeks until it reaches the tip of the triangle. that a breakup may be imminent. Therefore, the price is believed to break through the overhead resistance and rally beyond $300 to reach one of the important resistance zones near $323 in mid-February.
This post Top Altcoins That Can Maintain Bullish Momentum When Bitcoin Calms Down!
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