The last month of the countdown this year! Foreign media: "These 7 coins" will lead the strong counterattack of the altcoins!

The altcoin market is heating up, and investors are closely following.

As the end of the year approaches, the Cryptocurrency market is once again surging, especially in the AltCoin industry. According to foreign reports, investors are closely following some AltCoins with Real World Asset (RWA) support, expecting them to lead a strong counterattack in the last month. Data shows that Avalanche ($AVAX), Chainlink ($LINK), $IOTA, and Ripple ($XRP) and other coins have recently performed well, each experiencing significant price increases.

Avalanche (AVAX) momentum strengthened, price continues to pump

Avalanche ($AVAX) has risen by about 20% in the past week, currently priced at around $45.08, with a 2.4% growth in the past 24 hours. Technical Analysis indicates that the support level for $AVAX is at $42.75. If this level holds steady, the price is expected to continue to rise, with the next resistance level at $46.00, followed by $48.50.

At the same time, the 24-hour volume of $AVAX reached 800 million US dollars (approximately 25.9 billion New Taiwan dollars), an increase of 27.14%, showing strong market interest in the currency. Experts believe that if the volume continues to grow, $AVAX is expected to reach a new high in December.

Image source: CoinGecko Avalanche ($AVAX) price trend chart

Chainlink ($LINK) and $IOTA show strong momentum

Chainlink ($LINK) has also performed well recently, rising 24% in the past week, with the current trading price at around $18.83. The key support level for $LINK is at $18.00. If it can break through the resistance level at $18.75, the price is expected to further rise to $19.50 or even higher. It has grown by 4.2% in the past 24 hours, with a volume of $1.076 billion, reflecting bullish sentiment in the market.

Image source: CoinGecko Chainlink ($LINK) price trend chart

IOTA is not to be outdone. Although it has fallen slightly in the past few days, it still rose by 24.5% in the past week, reaching a price of $0.2688. Its market capitalization has grown by 19.03%, reaching $950 million (approximately 30.8 billion NTD). IOTA's 24-hour volume has surged by 137.66%, indicating increasing interest from investors in this cryptocurrency. If it can break through the resistance level of $0.28, IOTA is expected to usher in a new wave of upward momentum.

Image source: CoinGecko $IOTA price trend chart

Cryptocurrencies like Ripple ($XRP) are poised to lead the market in a new trend

In addition to the above coins, Ripple ($XRP), Dogecoin ($DOGE), Polkadot ($DOT), and Fantom ($FTM) are also considered the most promising altcoins at the end of the year.

Image source: CoinGecko $XRP, $DOGE, $DOT, and $FTM are also considered as the most potential altcoins at the end of the year.

While facing legal challenges, Ripple ($XRP) remains active in the market, with its blockchain technology focused on cross-border payment systems being followed closely. Investors and technology enthusiasts continue to follow Ripple's strategic actions and regulatory decisions.

Dogecoin ($DOGE) has evolved from a meme coin to become one of the most popular cryptocurrencies. With a strong fan base, it has also attracted the interest of many wealthy individuals. Its market performance still relies on social media trends and the fluctuation of the cryptocurrency market.

Polkadot ($DOT) is committed to solving the Interoperability problem between blockchains. Its infrastructure allows for interaction between various specialized blockchains and may be the key to solving the fragmentation problem of existing blockchain projects.

Fantom（$FTM）rises with high-performance transaction capability, and its Directed Acyclic Graph (DAG) Consensus Mechanism provides an alternative solution to traditional Block chain technology. The platform continues to innovate solutions for Decentralization finance and Blockchain scalability.

Further Reading XRP's market value exceeds 100 billion euros, making it the fifth largest, welcoming multiple Favourable Information, and subsequently bullish to "this point" DOGE's market capitalization surpasses Porsche! But 2 indicators show weakening momentum, could there be a big dump in the short term?

Conclusion: altcoin coins make a strong comeback, investors need to be cautious

Comprehensive analysis suggests that with the arrival of December, these alternative coins are expected to lead a new round of market counterattack. However, the encryption currency market is ever-changing. While investors pursue high returns, they need to pay attention to market risks, conduct sufficient research, and risk assessment. Experts recommend that investment should be based on rationality, avoiding blindly following the trend, in order to stand invincible in the Fluctuation market.

【Disclaimer】There are risks in the market, and investment should be cautious. This article does not constitute investment advice, and users should consider whether any opinions, perspectives, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at your own risk.

"The last month of the countdown this year! Foreign media: "These 7 coins" will lead the strong counterattack of the altcoins!" This article was first published in 'encryption city'