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Brian Bollinger Top 5 NFT coins to buy before entering 2023: The NFT market attracted a lot of attention in 2022. This caused the price of the coins to soar quickly and brought heavy discounts for interest buyers. However, the ongoing downtrend in the crypto market tumbled these coins significantly and brought heavy discounts for interest buyers.advertisementApecoin(APE)Source- TradingviewAs a result of the ongoing downtrend, the Apecoin price tumbled 89% from its all-time high of $39.4 to currently trade at $4.31. The technical chart also showed that the prices have been falling due to a downtrend over the past seven months. It currently trades at $4.31. The potential growth signal encourages a bullish rally up to $27.6 by the middle of 2023. Trending StoriesChiliz(CHZ)Source- TradingviewThe Chiliz(CHZ) price falling for nearly two years, lost 84.73% from the all-time high of $0.891. This downfall is a sign of a falling wedge pattern on the monthly chart. This bullish pattern will trigger a significant rally once it breaks above its resistance trendline. The coin currently trades at $0.13, but completing this pattern may push the prices to reach $1 by last 2023.Theta(THETA)Source- TradingviewFrom the All-Time High of $15.9, the ongoing downtrend plummeted the THETA price 94.82% down to its current price of $0.822. This altcoin has been trading sideways for seven months, indicating that the bearish momentum is over. The Fibonacci trend-based extension suggests that the potential for growth could reach $2.55 if the prices rise to $0.82 support. Moreover, the indicator shows the next supply zone at $4.4.Sandbox(SAND)Source- TradingviewA V-top reversal from the $8.44 all-time high plunged the SAND prices by 93.49% and reached the $0.55 mark. The altcoin also shows a breakdown at the $0.574 support, indicating that sellers may resume their downtrend. This plunged the SAND prices by 93.49% to $0.55 mark. This recovery could push the price near the supply zone of $2.5, followed by $3.5.Decentraland(MANA)Source- TradingviewAmid the ongoing downtrend, the MANA price lost 93.56% from its All time high and slumped to the current price of $0.38 mark. The coin price currently retests the June 2021 bottom support of $0.37.advertisementThus, the altcoin could witness a significant upswing if the buyers managed to sustain this old support. The target price for MANA could be 363% higher at $1.7 in the first half 2023. Share this article on:About the author
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The content presented may contain the author’s personal opinion and is subject to market conditions. Before investing in cryptocurrency, do your market research. Close Story