3 Altcoins to Watch in the Second Week of January 2025
The post 3 Altcoins to Watch in the Second Week of January 2025 appeared on BitcoinEthereumNews.com.
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…
Filed under: News - @ January 6, 2025 10:27 am