December brings heightened anticipation in the crypto world, spotlighting undervalued altcoins that could be on the verge of significant surges. Hidden opportunities in the market are emerging, capturing the interest of investors looking for substantial returns. Identifying these promising cryptocurrencies might be crucial as they gear up for potential massive gains amid shifting market dynamics.
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Could GALA Be Ready to Soar? Price Gains Hint at Upcoming Rally
GALA’s price has jumped over 7% in the past week, now ranging between $0.0217 and $0.0257. The monthly gain is over 2%. If the price breaks above the nearest resistance at $0.0272, it could reach the next level at $0.0313. The Relative Strength Index is around 41, indicating the coin isn’t overbought. The low Stochastic value suggests it might be oversold, hinting at a possible upward move. With the price near its simple moving averages, GALA seems to be consolidating. These factors indicate potential growth, and GALA might be preparing for a significant rise soon.
Raydium (RAY) Surges: Poised for Major Breakout in Upcoming Bull Run
Raydium (RAY) has shown impressive growth recently, with a 1-week price increase of 41.47% and a 1-month surge of 85.43%. The current price range is $2.01 to $2.70, approaching the nearest resistance level at $2.94. If RAY breaks this level, it could target the second resistance at $3.64, offering significant upside potential. The RSI at 59.40 suggests bullish momentum and the MACD level of 0.0800 supports further gains. The 10-day SMA is $3.01, above the 100-day SMA of $2.64, indicating an upward trend. With the altcoin season approaching, RAY may continue its ascent and capitalize on the global crypto bull run.
Quant (QNT) Poised for Breakout Amid Bullish Altcoin Season
Quant (QNT) is showing signs of potential growth. Trading between $64.67 and $69.27 has recently seen a slight decline. The 1-week price change is -2.48%, and the 1-month change is -18.92%. However, the 10-day and 100-day simple moving averages are close, at $63.74 and $64.66, respectively, indicating possible stability. The Relative Strength Index (RSI) is 41.42, suggesting the coin is neither overbought nor oversold. If QNT breaks the nearest resistance at $71.33, it could reach the next level at $75.93, potentially gaining over 10%. With the anticipated altcoin season, QNT might be ready for a significant upward move.
Axelar (AXL) Set to Surge: Potential Breakout Beyond $0.98 Resistance
Axelar (AXL) is showing strong signs of upward momentum. Its price has jumped over 30% in the past month, fluctuating between $0.78 and $0.92. The coin is nearing its nearest resistance level at $0.98. A successful break above this point could see AXL targeting the next resistance at $1.12, which would be a significant gain from current prices. Technical indicators like the RSI at 40.92 and Stochastic at 15.46 suggest the coin is oversold, hinting at a possible upward swing. AXL might be poised for a breakout with the simple moving averages aligning favorably. Axelar could be a coin to watch for substantial growth as the altcoin season approaches.
Conclusion
While GALA, RAY, QNT, and AXL may have less short-term potential, ZircuitDEX offers a platform with enhanced capital efficiency, fast transactions, and zero slippage. The ZDEX Token presale provides early access with a significant discount. Holding ZDEX Tokens offers benefits like reduced fees, governance rights, and revenue sharing, emphasizing security, transparency, and community involvement.
