The cryptocurrency market is rebounding from its recent dip. Bitcoin (BTC) has reclaimed the $61,000 level, and other assets follow its lead. The global market cap has also risen to $2.26 trillion. The latest resurgence could be due to an increase in investor sentiment. Traders might expect a dovish stance from the Federal Reserve and an interest rate cut.
Also Read: Top 3 Cryptocurrencies For Healthy Gains In September 2024
With that said, let’s look at three crypto assets that could rally over this weekend.
Top 3 Cryptocurrencies That Could Rally This Weekend
1. Shiba Inu (SHIB)
Source – Token Metrics
SHIB has had a difficult few weeks and struggled to overcome the $0.000013 barrier, which it finally has. The asset has made a significant turnaround over the last few days.
CoinCodex data suggests SHIB will continue its bullish stride over the weekend. The platform predicts the cryptocurrency to hit $0.00001802 on Sunday, Aug. 25, 2024. CoinCodex researchers anticipate SHIB will rally over the next few days before facing a correction.
Source: CoinCodex
2. Binance Coin (BNB)
Source: Binance
Binance’s BNB token has also witnessed an impressive turnaround over the last few days. The fourth-largest cryptocurrency is up by nearly 13% over the last week.
Also Read: Cryptocurrency: Top 3 Meme Coins To Hold In September For 10x Gains
According to the data from CoinCodex, BNB will continue to rally over the next few days. The platform predicts BNB to hit $601 on Sunday, Aug. 25, 2024. Reaching $601 from current levels would translate to a rally of nearly 3%.
Source: CoinCodex
3. Polygon (MATIC)
Source: Binance Academy
Polygon (MATIC) has had a rough few months. The asset’s market cap has fallen to the 25th position, and its price has gradually declined since March 2024.
Also Read: Top 3 Cryptocurrencies That Could Skyrocket Before 2024 End
According to CoinCodex researchers, the cryptocurrency might witness a rally over this weekend. The platform predicts MATIC to hit $0.6792 on Sunday, Aug. 25, 2025.
Source: CoinCodex