3 Altcoins to Watch in the Second Week of January 2025

BE[IN]CRYPTO
01-06
  • Trading at $0.35, ACT targets $0.41 resistance ahead of its "New Paradigm" upgrade; failure risks consolidation at $0.30.
  • Holding $8.94 support, LEO is 7.3% away from its $9.80 all-time high; sell-offs could push it down to $8.45
  • Struggling at $1.15 resistance, MOVE eyes $1.41 ATH; a $54 million token unlock may reduce sell pressure and support gains

The New Year brought a fresh wave of optimism among investors, which is evident in Bitcoin’s price reaching $99,000. This resulted in a bunch of altcoins also marking their new highs, with meme coins also being part of the cohort.

BeInCrypto has analyzed the three altcoins that are growing independently and presenting a price increase for investors to watch closely.

Act I: The AI Prophecy (ACT)

ACT is trading at $0.35 after rebounding from its $0.25 support level in late December 2024. The altcoin is now approaching the resistance of $0.41, with market momentum suggesting a potential breakthrough in the near term.

The upcoming “New Paradigm” upgrade for ACT’s chain is expected to introduce a new framework, enhanced integration, and fresh team members. This development has generated optimism among investors, positioning ACT for significant growth if the upgrade delivers as anticipated.

ACT Price Analysis. Source: TradingView

If market reception aligns with expectations, ACT could breach $0.41 and rally toward $0.60. However, failure to break resistance may lead to consolidation between $0.30 and $0.41, delaying further progress.

UNUS SED LEO (LEO)

LEO is among the few tokens that have not achieved a new high in the past three weeks despite the recovering market. Its current all-time high (ATH) stands at $9.80, reflecting the token’s potential for a significant breakout in the near term.

The altcoin has shown resilience by maintaining support above $8.94 for several days. This stability has kept LEO afloat, positioning it only 7.3% away from forming a new ATH. Investors are closely monitoring these levels as a breakout appears increasingly likely.

LEO Price Analysis. Source: TradingView

However, investor selling remains a key concern. Any unexpected sell-offs could push LEO below its $8.94 support, potentially dragging the token to $8.45 and invalidating the bullish outlook.

Movement (MOVE)

Another key altcoin to watch, MOVE, has remained below the $1.15 barrier for over a month and a half, struggling to close above this critical level. Breaking $1.15 is essential for the token to surpass its all-time high of $1.41, making this resistance a key focus for investors.

The upcoming token unlock, valued at $54 million, adds intrigue to MOVE’s price action. While smaller than last month’s $2.43 billion release, the reduced unlock size could mitigate downward pressure, keeping investor optimism alive for a potential breakout.

MOVE Price Analysis. Source: TradingView

Failure to breach $1.15, however, may prolong the ongoing consolidation between $0.75 and $0.91. This could invalidate the bullish outlook, delaying MOVE’s chances of achieving new highs.

Best crypto platforms in Europe | January 2025
Wirex Explore
YouHodler Explore
eToro Explore
Phemex Explore
Margex Explore
Best crypto platforms in Europe | January 2025
Wirex
YouHodler
eToro
Phemex
Margex

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10