2 Altcoins That Reached All-Time Highs Today — January 24
Cryptocurrency markets are rebounding from a tumultuous week that saw many altcoins post sharp corrections and losses. However, renewed investor optimism has provided crucial support to select coins that continue to perform strongly.
BeInCrypto has discovered two crypto tokens that hit new all-time highs (ATH) despite a generally bearish neutral market.
GateToken (GT)
GT hit an all-time high of $23.43 in the past 24 hours before easing back slightly to $23.39. The price trend highlights the strong Altcoin Momentumtraders are closely watching its ability to sustain gains near these record levels.
Up 6.7% in the past day, it was supported by a solid bottom at $19.89, fueling a week-long advance. If GT maintains its current trajectory, it will likely continue its upward trend, attracting further interest from both retail and institutional investors.
However, concerns about profit-taking remain a significant risk. A potential selling wave could push GT back to established support at $19.89, temporarily halting its bullish momentum and prompting traders to remain cautious
WhiteBIT Coin(WBT)
WBT hit a new all-time high in intraday trading over the past 24 hours, hitting $28.76 before easing back slightly to $28.16. The recent surge highlights the strong performance of altcoins in a volatile market.
Currently, WBT is holding above the key support level of $27.88. A rebound from this level is possible Promote altcoins A break above $28.76 could set a new high. Sustained buying pressure and favorable market conditions are critical for this bullish scenario to materialize.
However, if WBT loses the key support at $27.88, it could fall further to $27.07. Such a decline would invalidate the bullish outlook and could increase selling pressure.
Disclaimer
conform to trust project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.