Ethereum Rivals To Turn $1,000 to $100,00 Before 2024 Ends

Ethereum price jumped by 70% from its August low. Let us now explore some ETH rivals that could go parabolic in December

Terra Luna Classic (LUNC)

Terra Luna Classic (LUNC) has bounced back in the past few months. Unlike other coins, its recovery has been relatively gradual. This gradual rebound is a sign that it has moved to the accumulation phase of the Wyckoff Method, which will be followed by a parabolic move.

On top of this LUNC price is in the process of forming a cup and handle chart pattern. This pattern is made up of a rounded bottom and some consolidation or a pullback. In this case, the potential target for Terra Luna Classic price is $0.00002055, which is about 70% above the current level. A move above that level will point to more gains, potentially to its all-time high of $0.00028. 

Analysts are optimistic that ETH price has more room to rally. However, many ETH rivals will do better than the main coin in the near term. If this happens, coins like VeChain, Aptos, Aureal One, and Terra Luna Classic will be among the top gainers.