As we approach the end of 2022, discussions have shifted to a more optimistic outlook for 2023, especially with the anticipated approval of ETFs in early 2024. This optimism leads us to believe that the best days of the crypto market are just beginning. Current predictions are focused on the potential trajectories for BNB, AVAX, SHIB, and XRP Coins.
BNB Coin Insights
BNB Coin, one of the largest altcoins by market capitalization, is the only altcoin to reach all-time highs (ATH) apart from Bitcoin 
$90,218. Following Trump’s election victory, BNB reclaimed the critical resistance level of $635, signaling the start of new ATH attempts.
The chart indicates that price fluctuations between $600 have frustrated short-term traders. However, with the recent breach of the $635 threshold, it seems that significant liquidations are correcting the market, potentially setting BNB for targets of $720 and $800 if it maintains above $635.
Avalanche (AVAX) Analysis
Avalanche has faced setbacks due to high annual inflation and a less vibrant ecosystem compared to Solana 
$215. Fortunately, it has recently shown signs of resilience, closing above $30, which opens paths for testing resistance levels between $42-$44 and possibly reaching $50.
Shiba Coin Developments
Shiba Coin has shown potential for a rally following the recovery of the $0.00002090 support level. Those who acted on this advice have seen nearly a 40% gain since the support level recovery, although it now faces resistance at $0.00002939.
If Bitcoin maintains stability, Shiba Coin is likely to exceed its current resistance and aim for new tests above $0.00004402.
XRP Coin Outlook
The change in SEC leadership following Trump’s victory is seen as a positive development for XRP Coin. Many investors may not fully comprehend the implications of this shift, but surpassing the $0.58 closing level is crucial for testing $0.64 and $0.73, with expectations of a second wave rise towards $0.93.
