3 Crypto That Reached All-Time High Today
Bitcoin’s recent rally, marked by continued all-time highs, has paused, but its remaining bullish momentum is fueling a sharp rise in the altcoin market. This surge suggests that some crypto tokens may continue their journey towards new ATHs.
BeInCrypto analyzes three outstanding crypto tokens that reached all-time highs today, led by MANTRA (OM).
Mantra(OM)
OM price reached It hit an all-time high of $4.53 today, surging 58% in the past 24 hours. Currently, the altcoin is trading at $4.06 with strong investor interest as it looks to maintain its bullish momentum. The recent rise highlights the strong demand for OM in the market.
The altcoin is actively trying to establish support levels, which is a key factor in sustaining its uptrend and potentially setting new all-time highs further. Securing reliable support levels will solidify investor confidence, allowing OM to continue its upward trajectory amid broader market optimism.
However, if OM holder Altcoins may face a correction after deciding to lock in profits after a sharp rally. This move could push the price of OM as low as $2.45, invalidating the bullish outlook and erasing a large portion of the recent gains.
Non-playable coins (NPCs)
NPC is currently trading at $0.062, with an intraday increase of 30%, hitting an all-time high of $0.067. The sharp rise reflects strong market demand, making the altcoin an outperforming currency.
this Altcoins continue to rise NPC started last week after stabilizing and rebounding from the $0.038 support level. This rally served as a catalyst for its upward momentum, reinforcing confidence in the coin’s ability to sustain its upward trend.
However, if the bullish momentum slows down and NPC struggles to form new all-time highs, a downward correction is possible. A return to support at $0.038 could invalidate the bullish outlook and trigger selling pressure that could wipe out recent gains.
PONKE
PONKE changed hands at $0.712 after hitting an all-time high of $0.757 during Monday’s intraday trading session. This surge reflects strong investor interest and strong market activity, making PONKE one of the best-performing altcoins in recent trading.
Despite some profit-taking, another all-time high is still possible if PONKE bounces off the key support at $0.661. A successful rally could reignite bullish momentum, pushing prices higher and reinforcing investors’ optimistic outlook for further gains.
However, loss of support at $0.661 could cause PONKE to drop significantly. this Altcoins possible A drop to $0.604 and even lower to $0.530 would invalidate the bullish thesis and raise concerns about the sustainability of its recent uptrend.
Disclaimer
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