Analysis

Dusk Network (DUSK) hits new ATH – 7 Altcoins with the most winnings of the week

In this article, Bitcoin Magazine will take a look at the seven top-winning altcoins in the past week to determine their next outlook.

These altcoins are:

  1. Twilight Network (DUSK): 107.76%
  2. Aragon (ANT): 53.61%
  3. River (FLUX): 47.36%
  4. Syscoin (SYS): 43.30%
  5. OKB (OKB): 26.22%
  6. Quantity (QNT): 23.11%
  7. Avalanche (AVAX): 21.77%

DUSK

DUSK has been up since December 5th, when it was trading at $ 0.186. The upside movement hit an all-time high of $ 0.66 on December 15th.

DUSK has fallen slightly since then and is currently trading at $ 0.52. If the downtrend resumes, the next support will be at $ 0.42, resistance at the previous all-time high.

Conversely, the next resistance area is between $ 0.69-0.75, which is created by the long-term external fib retracement level of 1.61 (black) and the short-term external fib retracement level of 2.61 (white) .

DUSK / USDT 2-day chart | Source: TradingView

ANT

ANT has moved up since it ricocheted on December 4th (green icon). On December 16, it hit a high of $ 7.63. However, it has gradually decreased since then.

The downside move was used to confirm the $ 7.25 area and the resistance line of an ascending parallel channel is the resistance.

Unless ANT breaks above these two levels, the trend cannot be considered bullish.

ANT / USDT daily chart | Source: TradingView

FLOW

On December 10th, FLUX broke out above a descending resistance line that had formed since the all-time high of November 10th, indicating that the correction is over.

On December 15, the price returned to confirm it was support (green symbol).

FLUX is trying to break the USD 2 resistance area and if it succeeds it will likely rise to new all-time highs.

Daily FLUX / USDT chart | Source: TradingView

SYS

On December 1, SYS hit a high of $ 0.89. This is very close to the annual high of $ 0.92. After a short-term decline, the token has regained its position and is now making another attempt to break out.

Additionally, it appears to be moving along an ascending support line which, when combined with the USD 0.92 resistance, forms an ascending triangle.

In the event of an outbreak, the rate of increase is expected to accelerate.

Daily SYS / USDT chart | Source: TradingView

OKB

OKB has risen along with an ascending support line since September 26th. More recently, it confirmed the line on December 4th and 11th (green symbol).

It is currently in the process of breaking above the USD 32 resistance area and if it succeeds OKB is likely to climb to the USD 42.5 zone created by the all-time high.

OKB / USDT daily chart | Source: TradingView

QNT

QNT has fallen since it hit an all-time high of $ 429 on September 11. It’s down 57% so far.

However, the token bounced off on December 4th, creating a long wick below (green symbol and confirmation of the $ 150 range as support.

If the uptrend is to continue, the next resistance is at $ 260.

QNT / USDT daily chart | Source: TradingView

AVAX

Between December 4th and December 11th, AVAX hit a triple (green symbol) of the USD 78 support area that previously acted as resistance at all-time highs.

It has risen since then, hitting a high of $ 110 on December 16, 30% below its all-time high.

Currently, AVAX is trying to break the USD 103 resistance area, which will be the last area before hitting an all-time high.

AVAX / USDT daily chart | Source: TradingView

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow Facebook page

CoinX

Recent Posts

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

2 hours ago

Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town

Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…

8 hours ago

Crypto Market Outlook 2025 Key Factors to Watch

The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…

10 hours ago

Bitcoin Quantum Computing Threat Expected to Take Decades

The Bitcoin quantum computing threat is years away, but reserves already support post-quantum signatures via…

11 hours ago

Best New Meme Coins to Invest in Today: BTFD Coin Wows Investors with Unmissable Stage-7 Price Reversal as Book of Meme and Snek Crash

Don't miss BTFD Coin's Stage-7 presale dip! Find out why it's leading the pack of…

11 hours ago

Crypto Hedge Funds Banking Issues Persist Over Recent Years

A WSJ survey reveals crypto hedge funds banking issues over three years, with 120 out…

11 hours ago

This website uses cookies.