In the week from December 10 to December 17, we take a look at the 7 altcoin projects that have paid the most for their investors and their expectations. Analyst Valdrin Tahiri accompanies us.
- Dusk Network (DUSK): 107.76%
- Aragon (ANT): 53.61%
- Flux (FLUX): 47.36%
- Syscoin (SYS): 43.30%
- OCD (OCD): 26.22%
- Quant (QNT): 23.11%
- Avalanche (AVAX): 21.77%
Here are the top 7 altcoin projects of the week
DUSK has been rising rapidly since December 5, when it traded low at just $0.186. The closest support is at $0.42, the previous ATH resistance level. Conversely, the nearest area of resistance is between $0.69-0.75.
ANT has been moving upwards since it made the leap on Dec. In addition, it confirmed the resistance line of an ascending parallel channel. Until ANT manages to break out of both these levels, the trend cannot be considered bullish.
On December 10, FLUX broke out of a descending resistance line since the ATH level of November 10. Once it exits the $2 resistance area, it is likely to increase towards ATH price.
On December 1, the SYS hit $0.89. Besides, it seems to be following a steep ascending support line forming an ascending triangle when combined with the $0.92 resistance. If a breakout occurs, the rate of increase is expected to accelerate.
OCD has been rising since Sept 26 with an ascending support line. More recently, it confirms this line on December 4 and December 11. It is currently in the process of exiting the $32 horizontal resistance area. If successful in doing so, OKB will most likely increase towards the $42.5 area created by the all-time high price.
cryptocoin.com As we reported, QNT has been falling ever since it reached the ATH price of $429 on September 11th. If the upward move continues, the nearest resistance will be at $260.
In the period from December 4 to December 11, AVAX bounced three times (green icons) in the horizontal area of $78, which acts as a more ATH level. Currently, AVAX is attempting to break out of the $103 resistance area, which is the last before the ATH level.
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