Jakarta, Pintu News – As the final month of the year begins, the focus is now turning to profits. However, the start of December has not been a pleasant one, as more than $162 billion vanished from the crypto market today. Even so, some altcoins were still able to continue their upward trend.
Here is an analysis of three altcoins that have the potential to set new price record highs in the coming week, according to a report by BeInCrypto.
On December 1, RAIN was trading at $0.0080, only about 7% below its All-Time High (ATH) of $0.0086. The altcoin remains one of the strongest performing cryptocurrencies, as it is still holding near its highs despite the general market turmoil.
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In order for RAIN to print a new ATH, the price must be able to hold above $0.0079 as a strong support level. In the event of a successful bounce from this level, the price could potentially rise to $0.0100, which could signal a return of bullish momentum and increased investor confidence.
However, if investors start taking profits too soon, RAIN could lose its momentum and drop to the support level of $0.0067. A drop below this level would derail the upside prospects and delay the attempt to print new highs.
Monero (XMR) is trading around $412, slightly below the $417 resistance level. The privacy-first altcoin is still quite close to the ATH of $471, keeping bullish expectations alive despite uncertain market conditions.
To reach ATH, XMR only needs an increase of about 14%, provided there is sufficient investor demand and the ability to turn the $450 resistance into support.

The Ichimoku Cloud indicator is currently showing that bullish momentum is still strong, so XMR could try to move up if market conditions are favorable.
However, if profit-taking occurs or market sentiment deteriorates, XMR could face selling pressure. If the price falls from the current level, XMR could drop to $364, which would erase the upside prospects and delay the attempt to reach ATH again.
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As of December 1, UDS was trading at $2.97, slightly below the psychologically important resistance level of $3.00. This level needs to be confirmed as support for the uptrend to continue and strengthen the short-term recovery prospects.
UDS’s All-Time High (ATH) is at $3.44, about 16% higher than the current price, and a number of indicators support a potential rise towards that level.

The Parabolic SAR is below the candlestick, which indicates the uptrend is still active. If UDS manages to make $3.20 a support, a breakout to a new high is likely.
However, if selling pressure increases, UDS could correct to the $2.73 support level. If the price breaks below this level, the bullish structure will weaken and the price could drop further to $2.59 or lower, invalidating the entire upside outlook.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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