As the lights twinkle, the crypto market awaits the traditional Christmas rally! Here are the altcoins that are stirring as the holidays approach, and which could deliver a nice gift to the wallets of their holders.
Familiar altcoins to the rally
Ethereum has sometimes been the biggest star of the Christmas rally. The token surged by 21% in 2020 and 11% in 2023, but remains vulnerable to restrictive monetary policies. While it is currently outperforming Bitcoin and aiming for a new rise, it could hold some surprises for us by the end of the year.
Among the traditionally strong altcoins at Christmas, BNB stands out. It indeed recorded +19% in 2020 and +37% in 2023, fueled by the rise of Binance, although it remains subject to brutal corrections during periods of uncertainty.
Litecoin (LTC), for its part, has delivered strong performances in a bullish context with a jump of 42% in 2020, followed by a more moderate recovery since: 5% in 2023 and 7% in 2024. However, it does not deviate from the rule and rewards the market with an increase every year.
Last but not least, Monero (XMR) continues to stand out for its stability and defensive profile. Its annual increases between 9% and 15% in December make it one of the most consistent cryptocurrencies at year-end.
But this year, the spotlight is also on young emerging projects. MYX Finance (MYX) is preparing its V2 version, which is expected to launch around Christmas or New Year's. Its native token is trading around $3.55, and a sustainable breakout above $3.71 could pave the way to $4.00. Technical indicators remain favorable, although an overbought condition could correct the price towards $3.00.
Another candidate for the festive rebound: Memecore (M). After a gain of 25% over the week, the token is trying to surpass the resistance of $1.88 to target $2.00, or even $2.12 if the momentum holds. Conversely, a loss of momentum could bring the price back to $1.42.
For its part, Mantle (MNT) has seen a jump of 15% in one week, reaching $1.28, with bullish potential up to $1.34 or even $1.50 if demand remains strong. The acceleration in trading volume suggests a healthy consolidation around $1.30 before a potential continuation of the movement.
It remains to be seen whether the market will reproduce its seasonal pattern and once again offer a Christmas rally capable of boosting prices.
The moral of the story: altcoins are like Christmas cards, polite but cheap.
