{"id":8495,"date":"2023-12-20T12:21:05","date_gmt":"2023-12-20T12:21:05","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=8495"},"modified":"2023-12-20T12:21:05","modified_gmt":"2023-12-20T12:21:05","slug":"the-highest-risers-in-altcoins","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/the-highest-risers-in-altcoins\/","title":{"rendered":"The Highest Risers in Altcoins!"},"content":{"rendered":"<p><strong>Altcoins<\/strong> continue to rise, we will analyze past price movements through charts and technical indicators. We will determine support and resistance levels and provide <strong>guidance<\/strong> to investors about buying and selling decisions.<\/p>\n<blockquote><p>You might like: <a href=\"https:\/\/coinengineer.net\/blog\/the-latest-situation-of-crypto-market-december-20\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><strong><em>The Latest Situation of Crypto Market! \u2013 December 20<\/em><\/strong><\/span><\/a><\/p><\/blockquote>\n<p><strong>Injective (INJ)<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8497 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Altcoins-Injective-INJ.png\" alt=\"Altcoins Injective (INJ)\" width=\"768\" height=\"465\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Altcoins-Injective-INJ.png 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Altcoins-Injective-INJ-300x182.png 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Recently climbing <strong>Injective<\/strong> continued its trend after breaking upwards the horizontal channel formation it created above the <strong>27<\/strong> <strong>dollar<\/strong> support level and advanced to <strong>40<\/strong> <strong>dollar<\/strong> levels. It rebounded from this level and started to recover from <strong>36<\/strong> <strong>dollar<\/strong> levels. Whilst <strong>Bitcoin<\/strong> continues its sideways movement, we are seeing serious increases in altcoins nowadays, and Injective also continues its rise.<\/p>\n<p>Currently priced at <strong>42<\/strong> <strong>dollar<\/strong>, there is no resistance in <strong>Injective<\/strong> up to <strong>55<\/strong> <strong>dollar<\/strong> levels. If <strong>Bitcoin<\/strong> continues its lateral movement, reaching these levels is not hard at all.<\/p>\n<p><strong>MINA Protocol\u00a0<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8498 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/MINA-Protocol-Altcoins.png\" alt=\"MINA Protocol\u00a0Altcoins\" width=\"768\" height=\"465\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/MINA-Protocol-Altcoins.png 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/MINA-Protocol-Altcoins-300x182.png 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>After the <strong>UpBit<\/strong> news, the pullback in <strong>Mina<\/strong> altcoin brought the prices down to <strong>0.56<\/strong> <strong>dollar<\/strong> levels. Then, receiving support from the general uptrend in the crypto market, <strong>Mina<\/strong> managed to hold itself around <strong>0.72<\/strong> <strong>dollar<\/strong>. But, along with the general market rally, it reached <strong>0.90 dollar<\/strong> levels, then pulled back to the support level and moved sideways.<\/p>\n<p>With the new rise yesterday, <strong>Mina<\/strong> is again moving towards <strong>0.90<\/strong> levels. If it manages to exceed this zone, it can initiate an uptrend towards the <strong>1 dollar<\/strong> levels. However, if it can not break this resistance, a pullback can be experienced towards the<strong> 0.72 dollar<\/strong> level.<\/p>\n<p><strong>Near Protocol<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8499 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-Altcoins.png\" alt=\"Near Protocol Altcoins\" width=\"768\" height=\"465\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-Altcoins.png 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/Near-Protocol-Altcoins-300x182.png 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>When we examine the <strong>NEAR<\/strong> altcoin, it appears that two formations, short-term and long-term, are being observed. The short-term formation seems to have worked successfully and climbed to a certain level. If support can be provided above the <strong>2.89 dollar<\/strong> level, an ascent towards the target is then expected. However, it needs to break the <strong>3.443 dollar<\/strong> level upwards to reach this target.<\/p>\n<p>Considering a different scenario, if Bitcoin starts to correct, a downward trend can be seen in altcoins. In this case, the <strong>NEAR<\/strong> <strong>protocol<\/strong> may exhibit downward trends before reaching the target. This fall can start from the <strong>2.89 dollar<\/strong> level or the <strong>3.44 dollar<\/strong> level. Therefore, it&#8217;s important to assess whether Bitcoin will continue its upward trend or not. If Bitcoin manages to close above <strong>44,000 dollars<\/strong>, targets can be seen in most <strong>altcoins<\/strong>.<\/p>\n<hr \/>\n<p><em>Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0<strong><a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/strong>,\u00a0<strong><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noopener\">YouTube<\/a><\/strong>, and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Altcoins continue to rise, we will analyze past price movements through charts and technical indicators. We will determine support and resistance levels and provide guidance to investors about buying and selling decisions. You might like: The Latest Situation of Crypto Market! \u2013 December 20 Injective (INJ) &nbsp; Recently climbing Injective continued its trend after breaking<\/p>\n","protected":false},"author":1,"featured_media":8494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[563,61,2710,2135,479,3098,1438],"class_list":["post-8495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","tag-altcoins","tag-bitcoin","tag-injective","tag-mina","tag-near","tag-near-protocol","tag-upbit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Highest Risers in Altcoins! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"We will analyze past price movements through charts and technical indicators of Altcoins. 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