The third week of December 2024 started on a bearish note for many cryptocurrencies, but a late rally reversed fortunes for the top three altcoin gainers: Hyperliquid (HYPE), Movement (MOVE), and Bitget Token (BGB). Hyperliquid climbed by 55% and saw increased trading volume after getting listed on KuCoin and Gate.io. The Bull Bear Power (BBP) indicator suggests a bullish trend for HYPE, with a potential short-term price target of $42.24. MOVE gained 51.60% and reached $1, with a bullish sentiment indicated by the Awesome Oscillator (AO) reading. A breakthrough of the $1.06 resistance level could push MOVE's price to $1.44. BGB surged by 42.60% and may continue hitting higher highs, with a potential price target of $6. However, profit-taking could cause the token's value to drop to $2.91.
- Content Editor ( beincrypto.com )
- 2024-12-21
Biggest Altcoin Gainers of the Third Week of December 2024