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Avalanche (AVAX) Price Analysis The Avalanche price accumulated along the crucial resistance zone around $20 for a while and further triggered a massive upswing to mark the yearly highs above $40 The price surged beyond 0.5 FIB levels and soared above the interim resistance at $38.

Polkadot is on the verge of passing several new proposals with high passing margins.

The U.S. Securities and Exchange Commission (SEC) issued an investor alert regarding crypto assets, hinting at increased scrutiny on securities in the cryptocurrency market. This move mirrors the SEC's approach leading up to the approval of Bitcoin Futures, suggesting that approval for a spot Bitcoin Exchange-Traded Fund (ETF) is now imminent.

Polkadot is recording small gains by the end of 2023, in line with the gradually recovering crypto market. The Polkadot price is trading at slightly less than $7 as of December 2023, with yearly gains of 30%, monthly gains of 33%, and weekly gains of 22%.

AVAX has defied the market sentiment with a notable 10% surge.

AMBCrypto's analysis of Hyblock data suggested that a bounce past $7 is possible, but what could follow next?

DOT/USDT chart and technical analysis Polkadot made a massive rally and gained more than 58% in the last couple of weeks. Currently, the price is reaching the $7.8 critical supply area and resistance level, from where it can make some drops. I am expecting the price will drop to the $5.

In recent crypto news, altcoins are on the rise while Bitcoin remains steady around the $44,000 mark. Notably, Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Avalanche (AVAX), Polkadot (DOT), and Shiba Inu (SHIB) have experienced impressive rallies, each surging over 20% this week.

Altcoins rise as Bitcoin price holds strongly near the $44,000 level. Some top altcoins including Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Avalanche (AVAX), Polkadot (DOT), and Shiba Inu (SHIB) rallied more than 20% this week.

Polkadot (DOT) has hopped on the upward trend, surging by 20.21% to reach $7.53, marking a significant climb. This recent rally stands out as one of Polkadot's notable surges, reaching its highest price point since February of this year.

Polkadot (DOT) has joined the market uptrend after its bulls pushed the price up by 20.21% to $7.53. While this is not Polkadot's first mega rally in recent times, the coin seems to have little to no resistance as the current price outlook represents the biggest it has recorded since February of this year.

In recent market movements, a captivating surge within the cryptocurrency space has seen small-cap altcoins emerging as frontrunners, propelling the broader crypto market to new heights. While Bitcoin seems to be holding steady around the $44,000 mark, altcoins have been riding a euphoric rally, adding a staggering $100 billion to the market in just seven days.

Bitcoin (BTC) is hanging around the $44,000 mark, taking a breather, while other cryptocurrencies, known as altcoins, are on a strong upward trend. This rally isn't just for the big players; even smaller altcoins are joining in.

While Bitcoin (BTC) seems to be resting and flirting around the $44,000 level, altcoins have been raging in with the rally even further extended to some of the small-cap altcoins. Over the last seven days, the altcoin space has added $100 billion to the broader crypto market.

In an interesting move, the token that remained less active when the other tokens soared, Cardano, is among the top gainers for the day. With a nearly 25% rise in the past 24 hours, the token has led the list with a massive rise of over 135% in volume, marking over a billion.

The cold weather isn't bringing a new crypto winter to the market, that's for sure.

Cheap cryptos with long-term prospects are a great speculative investment to consider because of the potential returns.

These three cryptos are worth a look or a buy in December for multiple reasons as the sector heats up amid tailwinds.

Shipping giant Hapag-Lloyd will be the first to implement Deloitte's KYX – Know Your Client and Know Your Cargo – system.

Polkadot's price had been consolidating within a range of $4.319 to $4.535 for some time. However, the bulls regained control, leading to a breakout in the price of DOT.

The crypto market cap has achieved its milestone of $1.6T during the early trading hours today, indicating a strong bullish sentiment in the crypto space. Further, Polkadot has successfully breached its key resistance level, indicating an increasing demand for this crypto coin. The Polkadot price traded in a closed space between $4.319 and $4.

The number of short positions taken against DOT grew despite a surge in price. Public sentiment fell materially as social volume fell.

A widely followed crypto strategist thinks that rallies are in sight for the layer-1 blockchain Tron (TRX) and the decentralized finance (DeFi) lending protocol Aave (AAVE).

Last week, Polkadot's [DOT] value crossed $5 The post Could Polkadot's $150 price prediction for 2024 come true? appeared first on AMBCrypto.