David – Crypto Speculator
Altcoins are preparing to climb higher
The price of ETH might return well if the market conditions changed
It will be simple for the price of the altcoin to increase once the MATIC price crosses the $1 mark
After the massacre in the cryptocurrency markets, it appears like the Bitcoin price is stabilizing. This indicates that altcoins are also preparing for an ascent. This is one of the factors that some crypto market investment players think may lead to a 10x gain for some cryptocurrencies in 2023.
Ethereum (ETH), XRP, Binance Coin (BNB), Dogecoin (DOGE), and Polygon are some of these alternative currencies (MATIC).
TetherUS 1D / Ethereum (ETH)
The introduction of ETH 2.0 provided the dominant alternative currency on the market with enough power to hold above significant support levels during the weak market. Although the price of ETH has fallen due to market uncertainty, a change in these circumstances might produce a substantial rise in the price.
Market interest in XRP has recently increased as more and more people anticipate Ripple Labs' victory in its legal battle with the US Securities and Exchange Commission (SEC).
Although the altcoin's price has been trending downward over the past several days, it is anticipated that once the litigation is complete, the cryptocurrency will recover. Due to this, 2023 may be fruitful year for XRP.
Binance Coin (BNB)
BNB is now showing strong strength and has recently been hitting new highs. Because of this, a lot of people predict that the price of BNB will increase not just in the future days but also in the upcoming year.
The meme currency is still among the top ten largest cryptocurrencies, despite DOGE losing some of its user base following its 021 drop. Many DOGE supporters think that the meme coin will make a strong comeback once the market conditions improve and that this trend will continue till 2023.
The TetherUS 1D / Polygon
In the present bearish environment, MATIC has been performing rather well, and in the days ahead and in 2023, it is anticipated that it will perform much better. It will be simple for the price of the altcoin to increase once the MATIC price crosses the $1 mark.
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