Therefore, LUNA is likely to decline in the short term.ĭaily LUNA / USDT chart | Source: TradingView HT However, the token has created what looks like a double top (red symbols) in what is considered a bearish reversal pattern. In measuring the previous decline, the high was brought very close to both the long-term (black) and short-term (white) 2.61 external fib retracement levels. On December 4th, it hit a new all-time high of $ 78.22, up 81.5% since November 24th. More recently, it emerged from that line on December 4th, confirming it as a support for the third time.īTT has since rebounded and is approaching the $ 0.005 resistance area established in August, moving above it could accelerate the upside significantly.ĭaily BTT / USDT chart | Source: TradingView LUNA If it manages to move above it, the next resistance area will be at $ 5.07.ĭaily LEO / USDT Chart | Source: TradingView BTTīTT has been rising along with the ascending support line since June 22nd.
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It is approaching the current all-time high of $ 3.92. LEO has been rising slowly since May 28th. Therefore, a breakout above it can greatly accelerate the upward rate.ĭFI / USDT daily chart | Source: TradingView RISE This is the last area of resistance before hitting the all-time high. However, the subsequent decline confirmed the USD 5.55 area as resistance. On the same day, it hit a high of $ 6, just below the current all-time high of $ 6.03. On December 2, the DFI turned up significantly and erupted over an ascending parallel channel. NEAR / USDT daily chart | Source: TradingView DFI Hence, it is possible that NEAR will continue to climb to new all-time highs. Such deviations are often followed by clear movements in the other direction. Similar to September – October (red circle), however, the token bounced off and then regained this zone. On December 4th, NEAR appeared to have dropped below the $ 7.20 zone. This is the external fib retracement resistance of 1.61 when measuring the total decline.ĭaily FLUX / USDT chart | Source: TradingView VICINITY If the token hits a new all-time high, the next resistance will be at $ 4.13. However, it seems clear that FLUX has broken the descending resistance line since the all-time high on November 12th, so the correction is likely to have completed.
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However, the price fell shortly thereafter, creating a long top wick that was 22.5% strength. It’s just $ 0.06 below its current all-time high of $ 2.96. On December 10th, FLUX started a clear upward trend. Bitcoin Magazine will take a look at the seven altcoins that posted the biggest gains in the last week, from December 3rd to 10th to be precise.