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3 cryptocurrencies that could rise quickly in December

Recently we’ve seen some interesting things in the graphs, as seen in our analysis from the Premium environment. In this article, we discuss three cryptos that stand out in these analyses, namely NEAR Protocol, Solana (SOL) and VeChain (VET) – which our analysts believe could start an uptrend this month. We take a quick look at what makes these cryptocurrencies unique and share recent technical analysis from our experts.

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NEAR Protocol: A promising uptrend

The NEAR Protocol is an open source platform for decentralized applications. The project stands out for its scalability and user-friendliness. Now receive 20 euros free, the equivalent of 9 NEAR, on Bitvavo as a welcome bonus for new users.

NEAR recently surpassed its previous high of $2.18, a sign of a strong market. Our technical analysis shows an Elliott wave pattern of 12345, indicating a clear uptrend. Our target is the 61.8% Fibonacci level of $2.47 and possibly even higher to $2.94. This would correspond to an increase of approximately 30%.

Date of analysis: December 6th. Link to trading view:

Solana (SOL): correction options

Solana, known for its high speed and low transaction costs, is a strong player in the crypto world. It competes with projects like Ethereum (ETH) and Cardano (ADA).

SOL’s recent sideways movement suggests an impending correction. Our strategy is to buy into the green buy zone, between the 38.2% and 61.8% Fibonacci levels, or between $57 and $60, and expect a rise to at least $75. The key invalidation level here is $51.41. This trade would be good for a return of around 25% to 30%.

Date of analysis: December 6th. Link to trading view:

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VeChain (VET): Bullish momentum

VeChain is a project that stands out for its blockchain solutions for supply chain management and business processes. The premium analysts recently published an interesting analysis.

Our analysis shows that VET is in an uptrend from the green buy zone at $0.016. With two key resistance zones at $0.02766 and $0.03075, VET is expected to see an increase of around 30%.

Date of analysis: December 3rd. Link to trading view:

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While NEAR, SOL and VET all show promising signs, we remind our readers that the crypto market is volatile and unpredictable. For more in-depth analysis, updates on these three analyses, and to connect with other members and our analysts, we invite you to join our premium community on Discord.


Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These therefore serve exclusively educational purposes.

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