Top Cryptos Hitting ATHs on November 26
As overall cryptocurrency market activity slows, liquidations have reached $285.48 million in the past 24 hours, affecting 97,882 traders. However, some altcoins bucked the broader market trend and surged higher, setting new all-time highs today.
BeInCrypto has identified three crypto tokens hitting all-time highs today, with Dolos the Bully (BULLY) leading the way.
Bully Dolos(BULLY)
Solana-based meme coin Dolos the Bully (BULLY) It surged to a new all-time high today. The Meme token briefly traded at a peak of $0.23 before pulling back. As of this writing, BULLY is trading at $0.20 and continues to enjoy a significant bullish bias.
This is confirmed by the Supertrend indicator readings evaluated on the hourly time frame. As of this writing, BULLY’s price is above the indicator’s green line.
The Super Trend indicator measures the direction and strength of an asset’s price trend. It appears as a line on the price chart, with red indicating a downtrend and green indicating an uptrend. When the supertrend line is below an asset’s price, it confirms an uptrend and indicates that the bullish momentum is likely to continue.
If this bullish trend continues, BULLY’s price could return to new all-time highs. However, if the token sell-off begins, the Meme coin’s value could fall below $0.19.
Parallel Artificial Intelligence (PAI)
PAI is currently trading at $0.52. It hit an all-time high of $0.60 today and saw a 14% correction. Nonetheless, a rebound is possible as bullish pressure continues to build. An assessment of the PAI Alon indicator confirms this bullish outlook. As of this writing, PAI’s Aroon Up Line is at 100%.
The Aroon indicator determines the strength and direction of an asset’s price trend by measuring the time since the asset’s highest point (Aroon Up) and lowest low (Aroon Down) over a specified period of time. When the Aroon Ascending Line is at 100%, having recently reached a new high, it indicates that the upward momentum is strong and the bullish trend is likely to continue.
If PAI witnesses a resurgence of buying pressure, its price will revisit all-time highs and attempt to rebound to higher levels. On the other hand, if the sale activity gains momentum, the price of the token may drop to $0.50. If the bulls fail to hold this level, the value of PAI could fall further to $0.43.
Stocks(STNK)
STNK hit an all-time high of $347.06 today, but has since fallen 26%, trading at $263.67 as of this writing. The decline was caused by a surge in profit-taking activity, which put downward pressure on its price.
Analysis using the Fibonacci Retracement tool on the hourly chart shows that STNK has broken below the support at $268.01, indicating that the downtrend is strengthening. If new demand does not enter the market, its price could fall to $219.10.
On the other hand, if buying pressure increases, STNK may attempt to rally above $268.01 and potentially back to its all-time highs.
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.
