Top Cryptos to Consider Ahead of the Santa Claus Rally
Highlights:
- Ethena, Ondo Finance, and DexBoss are among the top cryptocurrencies to watch.
- These altcoins are expected to perform well during the anticipated Santa Claus rally.
- Strong technical and fundamental indicators make these cryptos stand out.
As cryptocurrency markets prepare for the annual Santa Claus rally—marked by strong asset gains—many altcoins are poised to hit multi-year or all-time highs. Bitcoin has already reached record levels, and altcoins are expected to follow suit. Here’s a look at some of the best cryptocurrencies to consider ahead of this rally.
Top Cryptos to Buy for the Santa Claus Rally
Ethena (ENA)
Ethena has been one of the year’s top-performing cryptocurrencies, rising from $0.1933 in September to $1.3 as of Monday.
The rally gained momentum after Donald Trump’s World Liberty Finance (WLFI) increased its holdings in Ethena, and the total value locked (TVL) of USDe surpassed $6 billion. USDe’s 27% yield has further fueled investor interest, outpacing most other assets.
Ethena is forming a bullish cup and handle pattern, with the upper resistance at $1.5216. This pattern suggests a continuation, with an initial target at $1.5216 and a potential upside to $2.7685, based on the depth of the cup. 
DexBoss (DEBO)
DexBoss, an emerging decentralized exchange (DEX) platform, is another strong contender. Currently in presale, DexBoss is priced at $0.01, with plans to launch at $0.05—a potential 400% gain.
DexBoss aims to outshine competitors like Uniswap and Raydium by offering lower fees, over 2,000 tradable assets, and cross-chain compatibility. This makes it an attractive choice for long-term investment. 
Ondo Finance (ONDO)
Ondo Finance is also a standout crypto, driven by increased demand for Real World Asset Tokenization and a TVL of over $613 million.
Like Ethena, Ondo has formed a cup and handle pattern and recently broke through the upper resistance at $1.4840. The token is now trading above a strong pivot point of $1.90, with a target of $2.53 based on the depth of the cup.
However, a drop below $1.8 could invalidate the bullish outlook, potentially leading to a retracement to $1.4840.
Other Cryptos to Watch
In addition to these three, several other altcoins show strong potential ahead of the Santa Claus rally. Notable mentions include:
- Hedera Hashgraph (HBAR)
- Chainlink (LINK)
- Mantra (OM)
- Polkadot (DOT)
These cryptocurrencies, with solid fundamentals and technical setups, are well-positioned to benefit from the upcoming market momentum.
