Digital currency expert Justin Bennett pointed out last Thursday on his YouTube channel that Polygon, Polkadot and VeChain tokens have high growth potential in the near future.
The analyst recalled that Polygon last week broke a powerful resistance level, which was around $2.7. According to Bennett, in the short term Polygon can go as high as $4.50. This Monday the digital currency grew 7% to establish a new historical maximum of 2.92 dollars, according to data from the Coingecko portal.
Polygon is a currency that uses the Ethereum blockchain ecosystem, but with faster transactions and lower fees compared to the mainnet.
Similarly, Bennett predicted that Polkadot, which was on the downward movement until last week, will grow again and, upon breaking the $31-32 resistance level, will hit $38. The specialist's forecast has already begun to come true, since this Monday the digital asset rose 7% and is currently trading around $31.2.
Polkadot is a system that connects different blockchains and allows them to interact. The main objective of the project is to create a unified and borderless financial space within the framework of a 'multiblockchain'.
The VeChain token could become one of the most promising digital assets of 2022, Bennett predicts. In his opinion, in recent months the cryptocurrency was in a volume accumulation stage, after which its price would skyrocket. For this impulsive growth to begin, the asset will need to overcome the important resistance level of $0.15, which would be equivalent to a 67% increase from current levels, the analyst explained. VeChain is a blockchain platform that works with smart contracts. The current price of this asset is $0.1.
Comments