The post Why These Altcoins Are Trending Today — December 30 appeared on BitcoinEthereumNews.com.
The crypto market is exhibiting mixed signals at the moment, with most of the coins noting dormant or bearish movement owing to the uncertainty ahead of New Year 2025. However, other altcoins are making the most of the situation, leaving their mark. BeInCrypto has analyzed three such altcoins that are trending today owing to some developments concerning them, making them a desirable option. Zerebro (ZEREBRO) ZEREBRO has become a trending crypto asset over the past few days following its listing for perpetual futures on the OKX exchange. The listing has boosted attention toward the AI-focused cryptocurrency, positioning it as a key player in the emerging AI-crypto sector. The launch of perpetual futures had a significant impact, with ZEREBRO’s price surging nearly 40% in the last 24 hours. Despite this spike, the altcoin remains in a consolidation phase, trading within the range of $0.434 to $0.291, awaiting stronger cues for a breakout. ZEREBRO Price Analysis. Source: TradingView If broader market conditions stay favorable, ZEREBRO could rally and breach the consolidation range, targeting $0.500 as the next milestone. However, failure to sustain this upward momentum would result in continued consolidation, delaying further price gains. Solar (SXP) SXP price surged nearly 23% in the last 24 hours, driven by the release of Solar’s year-end report highlighting a strong 2024. The positive outlook has boosted investor confidence, positioning SXP as one of the trending altcoins of the day. If bullish momentum persists, SXP could climb to $0.40 and beyond, targeting $0.48. Achieving this milestone would enable the altcoin to recover almost all of its recent 38% losses, signaling a strong turnaround for the cryptocurrency. SXP Price Analysis. Source: TradingView However, failing to breach the resistance could result in a decline to $0.31. Such a drop would invalidate the bullish outlook and potentially dampen the…