The year 2022 is starting soon, and it is still not sure if it will correct what happened to the market in 2021, but many of the stats and prices suggest that the upward trend will continue over the long term. We recommend discussing five cryptocurrencies today, all of them altcoins that you know well and that have steady upside potential in December and beyond as early as 2022. Today’s favorites are Ethereum and SHIBA INU, and let’s see what their prices are and why these cryptocurrencies could explode soon.
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Compared To The Internet
First and foremost, understand that the internet doesn’t always make good financial recommendations. In this article, we are only presenting our own opinions. It is up to you to decide whether you agree or not, and even more so whether to buy, sell or start trading with Immediate Profit without delving into the subject to deepen. We should also remind that while we are looking at the market from a bullish point of view, there is still no confirmation that Bitcoin will continue to grow and that a deeper correction is not imminent.
The predictions in this article will begin to come true when Bitcoin returns to $ 65,000 as the first confirmation of new growth, and then it should break above $ 70,000. Of course, altcoins could explode on their own, which they are prepared for given the declining market share of Bitcoin, but without Bitcoin, the panic sell-off of May could repeat itself.
In our opinion, SHIBA INU is the ultimate risk, and if you do not own this coin, then you should stay away from it. But sometimes you want to risk at least a small amount, so put such thoughts away and don’t let the excitement catch you, but we have to cover it for the following reasons, and most of all, it will be of interest to those who hold SHIBA INU today.
The SHIB token has broken the downward trend and is already 30% up. Rumor has it that SHIBA INU cannot get listed on Robinhood due to the issues with regulators. The SHIBA INU team is not standing still either. They launched DEX Exchange and added NFT when these stories were on everyone’s lips. And now that the blockchain games and meta-universes are experiencing hype, they have brought a former Activision employee into the project. You also have to follow the trend, and SHIBA INU is good. So we are waiting for the announcement of the SHIBA games.
And another bonus is the “whale” Gimli, who bought 25 billion SHIB tokens. He now has tickets worth $ 57 million at the current exchange rate. At the moment, the price of SHIBA INU is trying to overcome significant resistance. Still, there are networks already writing predictions that there will be a potential upswing of another 70% if it is successful.
Nowadays, one also expects price fluctuations from Ethereum. Yesterday we looked at the forecast for Ethereum for Bitcoin, and there we have the potential for solid growth of around 146%. The idea is that Ethereum will bring other coins into the altcoin season, and we will see a repeat of the December 2017 story.
Despite how Bitcoin is terrifying the market with its corrections, the top 2 cryptocurrencies hold basic levels on the weekly chart and continue expanding their market share. On the daily chart, Ethereum is on the verge of storming an all-time high and will do so very quickly if Bitcoin supports the market with profits. You already know that despite all the problems, Ethereum is still the leading blockchain for DeFi and NFT and that all crypto innovations appear on it.