The cryptocurrency market is kicking off the year with strong momentum, particularly among altcoins. One standout is $ACT , which has seen a significant price increase, rising over 25% in a single day and 45% within the past week.
Market analysts are paying close attention to $ACT’s price movements, noting its approach to a critical resistance zone. Trading within a bullish pattern, the token has advanced from $0.26 to $0.40, nearing the key level of $0.43. Breaking past this threshold could pave the way for further gains, with potential targets projected at $0.66 and beyond.
Technical indicators point to increasing momentum, with rising buying pressure and strengthening bullish signals. As Bitcoin’s market dominance declines, the stage appears set for altcoins like ACT to shine.
However, traders should remain cautious, watching for strong confirmation of any breakout. Volume and broader market trends will be crucial in determining whether ACT can sustain its upward trajectory.
