The New Year has brought optimism to investors in the cryptocurrency market, as Bitcoin reached $99,000 and altcoins followed suit. BeInCrypto has analyzed three altcoins that are showing independent growth and potential price increases for investors to keep an eye on.

The first altcoin is ACT, which is currently trading at $0.35 after rebounding from its support level of $0.25. It is approaching resistance at $0.41, and market momentum suggests a possible breakthrough in the near future. An upcoming upgrade for ACT's chain, called "New Paradigm," has generated optimism among investors, potentially leading to significant growth if the upgrade is successful. ACT could rally towards $0.60 if it breaks resistance, but failing to do so could result in consolidation between $0.30 and $0.41.

LEO is another altcoin to watch, as it has not reached a new all-time high in the past three weeks despite the market recovery. It has maintained support above $8.94, positioning it close to forming a new ATH. However, investor selling is a concern, as unexpected sell-offs could push LEO below support and invalidate the bullish outlook.

The third altcoin, MOVE, has struggled to break the $1.15 barrier for over a month and a half. Breaking this level is crucial for MOVE to surpass its ATH of $1.41. An upcoming unlock of $54 million adds intrigue to MOVE's price action, as it could potentially mitigate downward pressure. Failing to breach $1.15 could prolong consolidation between $0.75 and $0.91 and delay the chance for new highs.

Overall, these altcoins show potential for growth, but investors should closely monitor key levels and market dynamics to make informed decisions.



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