On January 2, among the top 100 cryptocurrencies, the record for gains belonged to this trio, which experienced double-digit increases. Their weekly gains were over 30%. While the BTC price targets new highs above $44,700, the ongoing rise in altcoins shows that investors’ appetite for risk remains strong. So, what are the predictions for ASTR, MKR, and ICP Coin?
Astar (ASTR) Chart Analysis
Following the massive surge in the candlestick on December 18, the ASTR Coin price continues to target the peak. The long upper wick highlighted volume-heavy profit-taking, but now there is a price gradually advancing to the peak. The weekly gain has exceeded 51%.
The price had also peaked in the current region in May 2022. If it can close above $0.177 daily, we might see the rise continue towards $0.2075 and $0.23466. Above this, the peaks are at $0.279 and $0.338. The ATH on the Binance exchange is the ultimate goal, and above that, we could see $0.4.
MKR Coin Chart Analysis
MKR Coin, which started a strong comeback from below $600 last year, is approaching the $1,900 threshold. Its weekly gain is over 33%, and it is currently finding buyers at $1,859. The key point is $1,917, and if MKR Coin bulls can turn this level into support, we could see the rally extend up to $2,329. As the excitement in the DeFi space is expected to increase in 2024, MKR Coin may continue to attract attention.
The medium-term targets are $2,513 and $2,803.
ICP Coin Chart Analysis
Just as MKR Coin has a four-digit price today, ICP Coin was also above $2,000 during its initial launch days. However, it later became clear that the project’s decentralization narrative was nothing more than a story, and its promises fell through. With Web3 being better understood by the masses, ICP’s monopoly was broken.
Nevertheless, the price is rising and has reached $15. We had mentioned in recent days that the increase in ICP Coin price could lead to testing this region. Now, with closures above $16.5, a return to the March 2022 peak of $23.7 can be expected.
