The cryptocurrency market continues its cautious trend, but this week some tokens are undergoing significant tests. As prices remain stable, eyes are on three altcoins that stood out in the third week of December. Each has critical catalysts ahead, such as supply changes, network updates, or changes in investor behavior.

If buyers or sellers gain weight in the coming days, sudden price movements may be seen in these coins.

Sei (SEI)

SEI, as December approaches, is under serious pressure and price movements reflect this cautious atmosphere. The token has experienced losses of approximately 23% in the last month and over 60% in the last three months. Investor sentiment is quite fragile; the market is searching for direction.

As of the time this article was prepared, SEI is trading around $0.124 and is experiencing price stagnation within a broad descending wedge formation on the daily chart. This structure typically appears at the end of downtrends: selling pressure slows down, and the price begins to consolidate. SEI is currently trying to hold at the lower boundary of this structure; the next few sessions are quite critical. This tension places SEI among the 'altcoins to watch.'

Looking at the momentum, there are complex but promising signals. Between December 5 and 14, while the SEI price made a new low, the Relative Strength Index (RSI) formed a higher low. RSI indicates the strength of momentum, and this bullish divergence means that selling pressure is beginning to weaken; it indicates that sellers are losing control despite the weakness in price.

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On the other hand, short-term risks are high as the planned token unlock for SEI will take place on December 15. Approximately 55,560,000 SEI, or 1.08% of the total supply, will enter the market. Such token unlocks can create selling pressure in the short term, especially when there is sensitivity in the market.

Critical levels clarify the scenario. If the price rises above $0.159 and remains above it, this will indicate that buyers are absorbing the supply coming from the unlock; thus, it can pave the way for a recovery to upper resistance zones. These levels include $0.193 and above.

On the downside, a price decrease of about 3% from the current level to the $0.120 band would cause testing of the trend's lower support. This could weaken the bullish divergence thesis.

Bittensor (TAO) Price, Analysis, and Current Data

Bittensor's price is caught in a narrow band ahead of the upcoming halving. TAO has formed a symmetrical triangle in daily charts, indicating that a balance has been established between buyers and sellers following weeks of selling pressure. This power struggle guarantees TAO a place on the list of altcoins to be followed in the third week of December.

TAO has lost about 15.5% in a month and approximately 6.6% in the last seven days. Weakness continues in the short term, but volatility has decreased; this is generally seen before significant movements. The chart shows indecisiveness rather than a clear bear dominance.

The halving event is at the center of the scenario. Bittensor reduces token supply with halving and restricts new supply. While similar events in history do not guarantee an immediate price increase, they can often act as a catalyst in consolidated prices.

From a technical perspective, the first bullish trigger is around $301. A daily close above this level could break the upper trend of the triangle, bringing new price strength. This move could lead to $321 first, and then, if momentum continues, to the $396 levels.

Downward risks are also in consideration. The $277 level is critical support; if it falls below this, the technical structure weakens and the $255 support level may come into play. If sentiment worsens further, a deeper risk zone around $199 emerges.

Aster (ASTER): Current Price and Analysis

Aster is one of the altcoins to watch in the third week of December because there is an intense struggle between the whales and the general market.

According to on-chain data, there was significant token accumulation on the whale side before this week. In the last seven days, the amount of ASTER held by whales increased by approximately 42,700,000 tokens, rising from 39,850,000 to 82,540,000 ASTER. This indicates a 107% increase and shows that major players have displayed strong determination before the third week of December.

On the other hand, cryptocurrency exchange balances paint a completely different picture. Exchange balances have increased by 10.48%. This suggests that while whales are accumulating, individual investors are beginning to sell.

The tug of war between buyers and sellers is clearly visible in the chart. ASTER has been undergoing a correction since November 19, but is currently squeezed within a triangle formation. This formation indicates indecisiveness in the market. During this period, a hidden bullish divergence has emerged. Between November 3 and December 14, while ASTER’s price formed a higher low, the Relative Strength Index (RSI) made a lower low. This typically indicates that selling pressure has exhausted.

Such a view generally leads to reactive buying in prices. If this scenario occurs, the first level to watch will be $0.94. A daily close above this level would break the resistance point of the triangle and allow the path to open up to $0.98. If buying appetite and whale support continue, it could be possible for the price to rise approximately 16% to $1.08.

On the other hand, losing the $0.88 level invalidates the bullish divergence and returns control to sellers, with the target being $0.81.