Few Crypto Currency Predictions in 2023

Due to the BTC price performance most of the altcoins have been underperforming during this year. Everybody knows that and patiently waits till the raising time comes. Most of the technical developers say altcoins will go up from April 2023. Happy news!

The bullish divergence suggests that most of the altcoins will go up other than Bitcoin. It will be more than a 17% increase. Therefore, buying altcoin may be a good investment. Therefore, can mention a few coins here you should keep in mind.

a) Binance Coin (BNB Coin)
Sentiment, a blockchain forensics tool, hypothesizes that when Daily Active Addresses increase, prices tend to decline. And prices typically increase when the number of Daily Active Addresses decreases.

The Price Adjusted Daily Active Addresses divergence may reverse if the price of Binance Coin rises over the $347 trading high reached in March, representing a possible gain of 33.75% in April 2023.

b) Shiba Inu Coin (SHIB)
Shibu Inu's (SHIB) pricing is still performing poorly. The beginnings of an impending bull run for this meme coin may, however, be indicated by a recent on-chain change.

According to Santiment, the Token Age Consumed indicator displays the number of tokens changing addresses on a given day multiplied by the amount of time since their most recent migration.

On March 20, SHIB experienced its biggest increase of the year in Token Age Consumed. Spikes on the graph indicate a significant number of tokens transferring after being inactive for a while.

Photo Credits Sentiment

Shibu Inu Token Age Consumed last increased this amount on January 9. This led to a bull run that increased the price of SHIB by 73%, from $0.000091 to $0.0001510 in less than a month. In April 2023, the price of Shina Inu might start a new ascent toward $0.000017 if past trends hold true.