Recent Altcoin Performance on Binance Exchange

A significant portion of altcoins turned red in the last 24 hours, but there are some exceptions on the Binance exchange. At the time of writing, GHST, XVG, and BOME Coin continue to stay green with gains ranging from 64% to 15% on Binance. On the other hand, LTC saw a loss of 11%, while CHZ dropped by 8%. So, what are the current key price levels for these positively diverging altcoins?

GHST Price Prediction

Binance exchange’s top gainer at the time of writing is GHST Coin, with a 24-hour increase of 64%. The price has surged by 238% over a 7-day rally. However, bulls facing rejection at $3.46 have started to roll the token back to lower levels.

If profit-taking accelerates, we might see the price retreat to supports at $2.39 and $2.14, followed by $1.925. Below that, the $1.28 region where the rally began can be found. Given that we have seen such speculative surges reverse quickly before, investors may need to proceed with caution.

XVG Price Forecast

In the last 24 hours, Verge (XVG) price has increased by nearly 60% and is currently pulling back. For now, the $0.00988 level is holding as support, but we could see a drop to $0.00671 and $0.00485 if it breaks below. We had warned about a volatility spike early on Sunday due to an announcement expected this week. Bulls managed to trigger the anticipated demand, leading to a rally of over 50%.

If the $0.01 region holds, it could signify a reversal of the long-term downtrend. The upward target is $0.014. However, the overall market sentiment could turn more negative with increased BTC selling.

BOME Coin Commentary

BOME Coin, listed on the Binance exchange during the week of March 11, reached an all-time high of $0.029. It then fell to $0.0088 the following week. As of the time of writing, it is finding buyers at $0.017. Closures above $0.0170 in the short term could indicate a return to listing day peaks.

If the rally continues, $0.0196 and $0.022 could be tested. In a scenario where the gradual rise reverses, the main support lies at $0.0159 and $0.0135.