These Five Altcoins Increased The Most Last Week

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BeInCrypto looks at five altcoins that increased the most from the entire crypto market last week, specifically from Dec. 23 – 30. 

These digital assets have taken the crypto news and crypto market spotlight:

  1. BitDAO (BIT) price has increased by 17.17%
  2. OKB (OKB) price has increased by 13.75%
  3. Internet Computer (ICP) price has increased by 8.89%
  4. Terra Classic (LUNC) price has increased by 6.67%
  5. Lida DAO (LDO) price has increased by 6.64%

BIT is The Biggest Altcoin Gainer

The BIT price had decreased below a descending resistance line since Aug. 5. The downward movement led to a low of $0.26 on Nov. 28. 

After some consolidation, the BIT price broke out from the line on Dec. 29 and reached a high of $0.38 the next day. After a slight drop, it is currently in the process of reclaiming the $0.33 horizontal resistance area.

If it is successful in doing so, it could increase to the next resistance at $0.45. On the other hand, failure to do so could send the BIT price back toward a new yearly low.

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