Cardano

Bitcoin ETF

Axie Infinity

Reversal

Spot

<img width="1200" height="711" src="https://coingape.com/wp-content/uploads/2023/12/altcoins-1-1-e1703883240748.jpg" class="attachment-full size-full wp-post-image" alt="TOP altcoins" decoding="async" style="float:right; margin:0 0 10px 10px;">
Top Altcoin: As the cryptocurrency market prolongs its <a href="https://coingape.com/crypto-prices-today-bitcoin-pepe-coin-retreat-with-kas-rising/">ongoing correction trend</a>, the Top altcoins like MINA, Ordinals(ORDI), and Axie Infinity(AXS) can provide suitable dip opportunities as the overall market trend remains bullish.&nbsp; 
In the last 24 hours, the top two leading cryptocurrencies <a href="https://coingape.com/here-why-bitcoin-price-is-dropping-today/">Bitcoin</a> and Ethereum show a decline of 1.46% and 1.41%, trading at $42080 and $2313 respectively. 
The global cryptocurrency market capitalization currently stands at $1.65 trillion, reflecting a 1.45% decline in the past day. Meanwhile, the total volume of cryptocurrency transactions in the last 24 hours has reached $70.21 billion, marking a 12.23% reduction. 
Also Read: <a href="https://coingape.com/last-bitcoin-options-expiry-of-the-year-heres-what-the-data-tells/">Here’s the Last Bitcoin Options Expiry of the Year 2023, Here’s What the Data Tells</a> 
<h2 id="b-mina-price-hints-early-sign-of-trend-reversal-b">MINA Price Hints Early Sign of Trend Reversal</h2> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" src="https://s3.tradingview.com/snapshots/y/Yk9Fp94A.png" alt="MINA Price" width="1946" height="937">
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 MINA Price| TradingView Chart
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The <a href="https://coingape.com/price/mina-protocol/">MINA coin price</a> has demonstrated remarkable resilience, maintaining a stable position above the $0.675 mark. This stability led to a significant recovery, as evidenced by a 98% surge in its value over the past two weeks, bringing the trading price to $1.34.&nbsp; 
A key factor in this rally was a breakout from the $1.246 neckline resistance of a bullish <a href="https://coingape.com/glossary/double-bottom-pattern/">double-bottom pattern</a>, a classic indicator of investor accumulation and a potential trend reversal. The recent 5.5% increase from the $1.24 neckline support further solidifies Mina’s position above this critical threshold, suggesting a continued upward trajectory.&nbsp; 
Should this pattern hold, there’s an expectation for The mina price to increase by another 62%, targeting a potential high of $2.16. This bullish outlook is further supported by the expansion in the upper boundary of the Bollinger Band indicator, signaling a dominance of buyers in the market 
<h2 id="b-bullish-triangle-sets-cardano-ada-price-leap-to-0-85-b">Bullish Triangle Sets Cardano(ADA) Price Leap to $0.85</h2> 
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 <img decoding="async" src="https://s3.tradingview.com/snapshots/b/BjHBtQCY.png" alt="Cardano(ADA) Price " width="1946" height="937">
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 Cardano(ADA) Price| TradingView Chart
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Cardano(ADA) has entered a phase of consolidation after its aggressive rally from mid-October to mid-December. Struggling to break past the $0.68 resistance, the ADA coin is currently trading at $0.6, following an 11% decrease over the last 48 hours.&nbsp; 
The price movement, oscillating between an ascending trendline support and a horizontal resistance, forms an ascending trendline pattern — a bullish continuation indicator. This pattern suggests that the <a href="https://coingape.com/price/cardano/">Cardano price</a> might soon approach the lower trendline, which could act as a springboard for buyers to challenge the $0.65 barrier.&nbsp; 
A successful breakout from this level could signify a sustained uptrend, potentially leading to a 60% recovery towards the $0.85 mark.&nbsp; 
The rising slope of the 20-day <a href="https://coingape.com/glossary/parallel-channel-pattern/">EMA</a> provides additional support, bolstering the likelihood of this upward movement 
<h2 id="b-axie-infinity-price-hints-minor-pullback-before-a-leap-to-14-b">Axie Infinity Price Hints Minor Pullback Before a Leap to $14</h2> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" src="https://s3.tradingview.com/snapshots/f/FKaORPEU.png" alt="Axie Infinity Price " width="1946" height="937">
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 Axie Infinity Price| TradingView Chart
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The Axie-Infinity(AXS) coin has been on a steady climb within a rising <a href="https://coingape.com/glossary/parallel-channel-pattern/">channel pattern</a>, marked by parallel trendlines serving as dynamic support and resistance. In October this consistent growth gave a bullish breakout above the upper trendline, signaling a shift toward a more aggressive rally.&nbsp; 
This breakout led to a significant surge in <a href="https://coingape.com/price/axie-infinity/">Axie-Infinity price</a>, reaching a 10-month high and marking a 175% growth over two months. However, the broader market correction has prompted a slight pullback in AXS’s price, now trading at $9.11.&nbsp; 
This correction may lead to a retest of the breached resistance trendline, now acting as support. If AXS maintains its position above this new support level, it’s poised for another rebound, potentially reaching target levels of $11.6 and subsequently $14. The RSI slope, currently above 64%, indicates a supportive market sentiment for this recovery trend. 
<h2 id="strong-related-articles-strong">Related Articles:</h2> 
<ul> 
 <li><a href="https://coingape.com/markets/crypto-price-prediction-toady-december-29th-bonk-kas-sei/">Crypto Price Prediction For December 29th: BONK, KAS, SEI</a></li> 
 <li><a href="https://coingape.com/bloomberg-analyst-corrects-crucial-spot-bitcoin-etf-misconception/">Bloomberg Analyst Corrects Crucial Spot Bitcoin ETF Misconception</a></li> 
 <li><a href="https://coingape.com/goldman-sachs-predicts-breakout-year-for-crypto-with-bitcoin-ether-etf/">Goldman Sachs Predicts Breakout Year For Crypto with Bitcoin, Ether ETF</a></li> 
</ul> 
The post <a href="https://coingape.com/markets/top-altcoins-to-buy-in-december-29th-mina-ordi-axs/">Top Altcoins to Buy December 29th: MINA, ORDI, AXS</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Top Altcoins to Buy December 29th: MINA, ORDI, AXS

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