While the volatility in cryptocurrency markets continues, Bitcoin has reached a significant milestone by retesting the $98,000 level. This development has created excitement among altcoin investors. With the end of the year approaching, it is a matter of curiosity how the markets will close and whether 2024 will start strongly. Experts are sharing specific price targets for some altcoins in particular. Popular altcoins such as BNB, SHIB and TON Coin are drawing attention.
BNB Coin: Upside Potential$BNB
BNB Coin, which has attracted the attention of analysts, is currently trading at $693 and is showing a daily increase of 3%. An analyst states that BNB presents a positive outlook on the weekly chart and could rise to $875. BNB's price movements are considered a significant opportunity for investors.
Shiba Inu (SHIB): Ascending Triangle Pattern$SHIB
Shiba Inu (SHIB) continues to trade within an ascending triangle formation despite a strong correction. Based on this formation, technical analysts have highlighted the $0.000056 level as a conservative target for SHIB. If this level is broken, SHIB is expected to continue to gain value.
TON Coin: Bullish Flag Formation$TON
TON Coin has attracted attention with its impressive performance throughout the year. However, this rise has been limited due to general market pressures. Analysts predict that TON Coin has formed a large bull flag formation and if this resistance is broken, it could rise to $11 in the medium term. This prediction excites TON Coin investors.
Optimistic scenarios are also emerging for the altcoin market. An analyst named Mustache recommends investors to be patient and act according to the natural course of the market. Stating that a major uptrend for altcoins may begin soon, the analyst states that the charts support this expectation.
Although uncertainty prevails in the market, current indicators indicate that there may be significant movements in the crypto world as we enter 2024. Therefore, investors are advised to take a strategic approach and evaluate the opportunities of the new year.