Top Altcoins to Buy in Christmas: AXS, MINA, ORDI
The post Top Altcoins to Buy in Christmas: AXS, MINA, ORDI appeared on BitcoinEthereumNews.com.
Top Altcoins: Amidst a generally positive sentiment for the Christmas holiday season, the crypto market can offer new bullish opportunities to traders. Published 7 hours ago Top Altcoins: Amid the Santa Claus Rally sentiment, the crypto market has taken a bullish turn since last week. While the top two leading cryptocurrencies Bitcoin and Ethereum have 5-9% weekly, several altcoins have witnessed a buying inflow. However, a few tokens Axie Infinity (AXS), MINA, and Ordinals(ORDI)have even aggressively projected their potential for a higher rally. The global cryptocurrency market capitalization now stands at $1.68 trillion, marking a slight rise of 0.10% since yesterday. Additionally, the total trading volume in the crypto market over the past 24 hours has reached $62.75 billion, representing a significant increase of 8.31%. In addition, the market participant’s growing anticipation of potential approval of a Bitcoin spot ETF gets another boost: the SEC has set a deadline of December 29, 2023, for the completion of applications for a Bitcoin Spot ETF. This decisive step may generate a wave of optimism among investors, as it suggests a possible imminent approval of these highly anticipated financial instruments. Also Read: Bitcoin, Ethereum, Solana Saw $98 Mln Inflows As Spot Bitcoin ETF Deadline Looms Axie Infinity (AXS) Price Prediction: Reversal Pattern Sets A rally Beyond $14 Axie Infinity (AXS) Price Prediction| TradingView Chart In the daily time frame chart, the Axie infinity (AXS) price shows the formation of a rounding bottom pattern. This reversal pattern in tandem with general bullish momentum, created a strong 9-week rally which surged the AXS price from $4 to the current trading price of $10.12. This 150% backed by increasing volume and a massive surge in Funding rate indicates a sustainable growth in this asset. Recent data from Coinglass, a renowned tracker of crypto derivatives, revealed a…
Filed under: News - @ December 26, 2023 3:59 am