We review the most lucrative altcoin projects of the week of 17-24 December. Analyst Valdrin Tahiri sets technical levels for continued uptrend.
- Near Protocol (NEAR): 67.20%
- Dogelon Mars (ELON): 57.41%
- Terra (LUNA): 55.23%
- Aave (AAVE): 47.86%
- Phantom (FTM): 41.54%
- Curve Dao Token (CRV): 39.79%
- SushiSwap (SUSHI): 33.24%
These altcoin projects closed the week at the top
On December 15, NEAR broke out of a descending resistance line and its ATH reached $17.50. After the $12.20 resistance, it is now approaching ATH price. According to the analyst, it can be expected to rise to $ 23.
Since the beginning of October, ELON has been subject to a rapid upward move, reaching its ATH price of $0.0000026 on October 30. Later, it fell as low as $0.00000093 on December 6 near a descending resistance line. It is currently attempting to climb above the $0.0000018 resistance area.
cryptocoin.com As we reported, LUNA has been moving upwards at an accelerated rate since December 14th. On December 22, ATH reached its price of $98.20. ATH of $101.2 was recorded on December 24. According to the analyst, the next resistance area is located in the $116-120 area.
On December 14, AAVE broke slightly below the $176 horizontal support area. It was in late June when it previously dropped to this level. Currently, it has reached a descending resistance line since May. If it succeeds in breaking above this, the next resistance will be at $422.
On December 4, FTM dropped to $1.14 and bounced. The horizontal area at $1.15 served as support. Since then, FTM has been moving upwards and is up 75% so far. Similar to AAVE, it is currently following a descending resistance line at $2.10. A break from this line could land the token in the $2.60 horizontal area.
On December 4, CRV bounced off the previous descending resistance line and confirmed it as support. It has been moving upwards since then and soon reclaimed the $4.05 horizontal area. It is currently struggling to break above the 0.618 Fib retracement resistance level at $5.03. If it succeeds in doing so, it could continue towards the ATH price.
SUSHI is falling near a descending resistance line since May 23 ATH. That fell as low as $4.33 on Dec. However, it has continued its rebounds from then and is currently approaching the descending resistance line near $8.50.
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