BounceBit (BB) and other altcoins were the top gainers on Binance today. Bitcoin (BTC) hovered around $69,000 while overall market volumes dropped. This weak interest during holidays can trigger speculative movements in some altcoins.
BounceBit (BB) Coin Analysis
It has only been 13 days since BB Coin was listed on Binance, and it has now reached its record level on the exchange. Testing the $0.31 support level multiple times, the altcoin surpassed the $0.395 resistance and exceeded the initial record level of $0.6. This exciting rally seems to be capped at $0.69 for now. However, if it closes above $0.63, the price could target $1 in the short term.
In case of a decline, the $0.54 region will be the first stop. Buyers are expected to act here. Although there may be fluctuations down to $0.5, losing this support could bring the price back to where the rise started.
VTHO Coin Price Prediction
Here, the $0.00354 level was the key breakout point and was finally surpassed. Although the target is $0.00456 with closes above $0.00402, the price has not yet reached this area. Rising by 42% in just three days made it one of the altcoins that benefited the most from the general market rally.
For the peak on February 15, $0.00492 should turn into support, and if this is achieved, a strong attempt towards $0.00705 could emerge. In the opposite scenario, we could see a sharp sell-off down to $0.0025 after $0.0035 and $0.0029.
TruEFI (TRU) Coin Price Prediction
One of the standout altcoins was TruEFI (TRU). Over the past two weeks, the TRU Coin price increased by 77%. More importantly, reaching the key breakout area could accelerate the rally. If the potential sell zone between $0.193 and $0.22 is surpassed and turned into support, new peaks could be seen. In this case, the long-term downtrend will have fully reversed.
The main targets on the upside will be $0.319 and $0.44. For the record area, $0.7 needs to become a focal point.