By Billie Harvill
The crypto market rebounds after the sell-off that took place yesterday. The total market value recovers around $1.3 trillion from $1.2 trillion. Such market changes saw top cryptocurrencies surging by 3% – 17% in the last 24 hours.
Although the turmoil, savvy investors know how to take advantage of any situation in the financial space. For that reason, here are the top coins that you can consider for substantial profits in the upcoming sessions. Keep in mind that some assets have potentials for near-term gains while other investors may have to be patient.
Bitcoin (BTC)
Although we might be repeating this countless times, the crypto market rises with BTC surging. Though the asset might not have rebounded as others with its 3% increase since yesterday, history supports this leader. As much as the coin trades at a risky level at the moment, it shows a high potential to explode in the coming crypto sessions.
Price models such as its eleven-year exponential trend and stock-to-flows show that BTC has chances to rally to $100K. Also, recent researches show that most enthusiasts expect the leading asset to stand over $60K by 2022 January.
Cardano (ADA)
Cardano saw a massive price rebound compared to most top cryptocurrencies. The altcoin surged to $1.13 over the past 24 hours following 7% increases. However, despite the positivity, the asset is 21% down in a month and 10% low since last week. Meanwhile, ADA is 53% beneath its highest record price at $2.45.
That comes as the total market falls. Cardano’s ADA didn’t plunge like some alternative coins (Dogecoin trades 75% lower from its latest ATH). However, ADA shows a high potential to explode in some months to come.
Polygon (MATIC)
Polygon saw impressive performances of the top-50 cryptocurrencies in the last 24 hours. Today, the altcoin trades at $0.789387 after a 20% increase. Meanwhile, the coin remains 30% low in 14 days and 43% lower in the past month.
Although these are massive falls, they indicate the rallies that MATIC might see in the future bullishness. The asset led the top 50 cryptos in the last three months when it surged by 119%. MATIC is among the altcoins that would see impressive gains if the market recovers fully.