Chainlink

Cardano

Polygon

Seismic

<p>As the holiday season approaches, the cryptocurrency market often exhibits distinctive trends. Historically, this period has seen the &#34;Santa Claus rally&#34; when Bitcoin and other cryptocurrencies typically experience a surge in prices. However, this pattern is not consistently observed each year as a variety of sentiments, such as euphoria, optimism, anxiety, and denial, differently influence the market. The shift from the bear market of 2022 to more positive sentiments in 2023 has fostered a more optimistic outlook for 2024 – notably, key events like the anticipated Bitcoin halving in April 2024 and the growing intersection of artificial intelligence with cryptocurrency are expected to significantly impact the market&#39;s future. Amidst these developments, altcoins like Cardano (ADA), Chainlink (LINK), Sei (SEI), Polygon (MATIC) and ScapesMania have emerged as the top trending crypto assets in December 2023.</p><h2 id="header-0">Ride The Wave Of Innovation With ScapesMania</h2><p>While some are facing an uncertain future, the trajectory of a presale project is far easier to predict. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry. A wide range of features paired with the best technology, a professional team, and a long-term, highly ambitious vision can make ScapesMania the next big thing in crypto. Presale discounts and stage bonuses only add to the project&#39;s appeal.</p><h2 id="header-1">Presale is Live Now – Join Now for a Chance to Benefit with MANIA</h2><p>Backed by an award-winning developer crew, ScapesMania stands for transparency: every member’s social media profile is public. The project can achieve this not just by bringing big innovation to the game, but by putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is what makes ScapesMania the project with a bright future ahead.</p><p><a href="https://scapesmania.io/?utm_source&#61;cryptodaily&amp;utm_medium&#61;mmedia&amp;utm_campaign&#61;HottestCrypto3" rel="noopener noreferrer nofollow">Presale is Live, Learn More About Major Benefits</a></p><h2 id="header-2">Cardano (ADA): Rallying Towards New Heights</h2><p><a href="https://cryptodaily.co.uk/2023/11/the-cardano-ada-price-could-hit-1-while-scapesmania-crypto-presale-passes-875k" rel="noopener noreferrer nofollow">Cardano (ADA)</a> is currently exhibiting a promising trend – recent reports indicate that Cardano&#39;s (ADA) Total Value Locked (TVL) has maintained a strong position above $425 million, which is a slight decrease from its all-time high of $444 million achieved on December 14.</p><p>Presently, the price range of Cardano (ADA) is between $0.504 and $0.667. The 10-day Moving Average is positioned at $0.589, while the 100-day Moving Average is at $0.546. Regarding support and resistance levels, Cardano&#39;s (ADA) lowest support level is at $0.265, with a more substantial support at $0.428. In terms of resistance, the next level is at $0.755, with a higher resistance point at $0.918.</p><p>Looking ahead, the prospects for Cardano (ADA) seem positive, suggesting potential for further growth – the TVL&#39;s stability above $425 million supports a bullish outlook for Cardano (ADA). Should the current upward trend persist, altcoin may aim for the $0.7 mark, approaching the Fair Value Gap which lies between $0.7021 and $0.7258.</p><h2 id="header-3">Chainlink (LINK): Post-High Adjustments And Future Plans</h2><p><a href="https://cryptodaily.co.uk/2023/11/why-chainlink-link-may-be-worth-more-than-you-think" rel="noopener noreferrer nofollow">Chainlink (LINK)</a> is currently experiencing a phase of adjustment  – although it has seen a substantial decline from its all-time high of $52.7 in May 2021, token continues to be a prominent player in the market. As of the latest information, Chainlink (LINK) has retreated from its 2023 peak, but still holds a robust position as evidenced by its technicals.</p><p>Presently, the price of Chainlink (LINK) fluctuates between $11.08 and $17.16. The 10-day Moving Average stands at $14.51, while the 100-day Moving Average is at $11.21. The asset’s support levels are identified at $1.69 and $7.76 and its resistance levels are at $19.92 and $25.99.</p><p>Looking ahead to 2024, Chainlink (LINK) aims to enhance its integration with Real-World Assets (RWA) and traditional finance (TradFi) – this strategic move could potentially exert a significant impact on the altcoin’s pricing. The company has recently introduced the Cross Chain Interoperability Protocol (CCIP) and the innovative Chainlink Data Streams which offer decentralized applications (dApps) access to real-time data. With these developments, the future seems promising for Chainlink (LINK), however, one should bear in mind that market volatility and the inherent unpredictability can still markedly influence its price trajectory.</p><h2 id="header-4">Polygon (MATIC): Overcoming Resistance Levels</h2><p><a href="https://cryptodaily.co.uk/2023/12/top-3-cryptocurrencies-under-1-poised-for-massive-growth-arb-matic-and-mania" rel="noopener noreferrer nofollow">Polygon (MATIC)</a>, known for its decentralized scaling solutions tailored for Ethereum developers, has recently experienced significant market activity – despite its price decline of over 4%, Polygon (MATIC) has successfully breached the $0.8 resistance level.</p><p>Currently, Polygon’s (MATIC) price fluctuates between $0.592 and $0.957. Its 10-day Moving Average stands at $0.835, while the 100-day Moving Average is at $0.677. The support levels for Polygon (MATIC) are identified at $0.057 and $0.422 and it encounters resistance at the $1.151 and $1.516 levels.</p><p>As the Christmas season nears, experts have issued a price forecast for Polygon (MATIC), estimating a potential price range of $0.8232 to $0.9261 by the end of December. Although this forecast indicates a positive trajectory for Polygon (MATIC), it is crucial to note that cryptocurrency prices are extremely volatile and heavily influenced by market dynamics and broader economic factors.</p><h2 id="header-5">Sei (SEI): Balancing Bullish Momentum And Market Risks</h2><p>Recently, Sei (SEI) registered significant gains – over the past 24 hours, the token experienced a 35% increase, reaching a new all-time high (ATH) of $0.345. This increase in Sei&#39;s (SEI) market activity is also reflected in its daily trading volume which saw a substantial 433% rally, reaching $680 million.</p><p>Currently, the price of Sei (SEI) is swinging between $0.3054 and $0.3937. The 10-day Moving Average stands at $0.3515, closely followed by the 100-day Moving Average at $0.3516. The support levels for Sei (SEI) are set at $0.1646 and $0.2529, while the resistance levels are at $0.4295 and $0.5178.</p><p>Additionally, the token&#39;s social volume surged by 154% and its total open interest has increased significantly. However, the Relative Strength Index (RSI) for Sei (SEI) rose from 39 to 57 over the past day. To maintain its bullish momentum, Sei (SEI) needs to keep its RSI below the 65 mark. While the current trends are favorable, the inherent volatility of the crypto market and the uncertainty surrounding the ratios of long and short positions present challenges that could impact Sei&#39;s (SEI) future price movements.</p><h2 id="header-6">Conclusion</h2><p>As we conclude our analysis of December 2023&#39;s top crypto gems, it&#39;s evident that the crypto market, driven by both technological advancements and investors&#39; sentiments, is in a state of vibrant flux. The period&#39;s characteristic &#39;Santa Claus rally&#39; has set a backdrop of cautious optimism, with cryptocurrencies like Cardano (ADA), Chainlink (LINK), Sei (SEI), Polygon (MATIC) and the emerging star ScapesMania demonstrating significant potential amidst the festive season&#39;s market trends. Each of these cryptocurrencies brings unique features and strengths to the table, from Cardano&#39;s (ADA) robust Total Value Locked (TVL) and Chainlink&#39;s (LINK) innovative integration with Real-World Assets (RWA) to Sei&#39;s (SEI) impressive social volume surge and Polygon&#39;s (MATIC) resilience in surpassing key resistance levels.</p><p>Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.</p><p>RELATED TOPICS:  <a href="https://cryptodaily.co.uk/tag/altcoins" rel="noopener noreferrer nofollow">#ALTCOINS</a> <a href="https://cryptodaily.co.uk/tag/breaking-news" rel="noopener noreferrer nofollow">#BREAKING NEWS</a> <a href="https://cryptodaily.co.uk/tag/spotlight" rel="noopener noreferrer nofollow">#SPOTLIGHT</a></p>

Top Hottest Crypto Gems In December 2023

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