3 Little-Known Altcoins That May Surprise Investors in December

Bitcoin (BTC) and many popular altcoins have seen impressive gains in recent weeks.

However, some lesser-known coins have also formed bullish patterns that will pave the way for significant gains. The editors of BeInCrypto analyzed 3 altcoins that may pleasantly surprise investors in December.

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PAAL AI (PAAL) begins a bullish cycle

The price of PAAL has been rising since September 15th. The upward movement culminated in a new all-time high of $0.22, reached on November 20.

Starting from October until reaching an all-time high, the relative strength index (RSI) formed a bearish divergence (it is marked in green on the graph). After this, the altcoin fell by 50%, confirming the 0.5 Fibonacci level as support.

PAAL is currently trying to break out of the $0.16 resistance area. If successful, the asset price could rise by 90% to the next resistance at $0.29.

However, a fall below the $0.16 area would negate the bullish outlook and trigger a 26% correction to the nearest support level of $0.11.

DENT left the long-term structure

DENT price has been moving below the descending resistance trend line since March 2021. In December 2022, it reached a low of $0.00056.

After this, the altcoin made several unsuccessful breakout attempts (they are marked with red icons on the chart), and then formed a higher low in August 2023. In October, the price broke above the trend line, which at that time had lasted 930 days.

Breakouts from such long-term structures often precede significant upward moves.

The weekly RSI supports continued growth. The indicator is above 50 and continues to move upward, which is considered a sign of a bullish trend.

The immediate resistance is at $0.0022, which is 140% higher than the current price.

However, the formation of a bearish weekly candle could put the upward move at risk. In this case, DENT could fall by 35% to the nearest support at $0.0006.

SuperVerse (SUPER) broke above 960-day resistance

The latest altcoin with significant growth potential in December was SuperVerse. Its price has been moving below a long-term descending resistance trend line since March 2021, resulting in a low of $0.069 in October.

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Since then, SUPER has formed eight consecutive bullish weekly candles. This led to a breakout of the trend line, which lasted 960 days. RSI confirms the legitimacy of the movement: the indicator is above 50 and growing.

SUPER is currently trading inside the $0.60 horizontal resistance area. If it breaks beyond that, it could rise another 200% and reach the next resistance at $1.75.

Despite the positive outlook, a deviation from the $0.60 area could lead to a 60% fall to the nearest support level at $0.23.

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