3 Altcoins That Reached
All-Time Highs
Today — January 7
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s recovery past $100,000 has sparked a significant uptick across
several altcoins, with the impact evident in their fresh all-time highs.
However, the potential for profit-taking among investors raises concerns, as
such actions could lead to price corrections for these cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта.
BeInCrypto has analyzed three crypto tokens that achieved a new all-time high
(ATH) today and examined their future potential.
Fasttoken (FTN)
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FTN price reached a new all-time high of $3.66 during intra-day trading before
slightly retreating to $3.60. This milestone marks another significant step in
the altcoin s recent upward trend, drawing attention from investors
seeking growth opportunities.
The continuation of FTN’s uptrend appears likely as long as the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
maintains support above $3.50. Sustaining this level could create a foundation
for further gains, driven by strong investor sentiment and favorable market
conditions. FTN Price Analysis. Source: TradingView
However, if FTN holders decide to sell, the altcoin may experience a decline.
A drop to test the support at $3.24 could occur, which would invalidate the
bullish outlook and signal a potential reversal.
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Gate (GT)
Another crypto token, GT s price achieved a new all-time high of $18.59
today, continuing its impressive streak. The steady upward trend has helped
the altcoin avoid significant volatility , reflecting stability in its growth
trajectory.
The next milestone for GT is reaching $20.00, a psychological and technical
target. This move, however, requires the current bullish momentum to remain
strong, supported by consistent investor interest and favorable market
conditions. GT Price Analysis. Source: TradingView
If a drawdown occurs, GT could face a decline, potentially falling to test the
support at $16.00. A breach of this critical level would invalidate the
bullish outlook, signaling a potential reversal in the altcoin s upward
trend.
WhiteBIT Token (WBT)
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WBT price surged by 6.5% over the last 24 hours, forming a new all-time high
of $27.25. This marks the second ATH in just two days, reflecting strong
investor optimism and market momentum.
Escaping the consolidation range between $25.13 and $24.25, WBT has maintained
a strong uptrend. If this momentum persists, the altcoin could achieve even
higher levels, bolstered by increased trading activity. WBT Price Analysis.
Source: TradingView
However, if the upward momentum falters, WBT might drop to test the support at
$26.00. A failure to hold this level could lead to further declines,
potentially invalidating the current bullish outlook entirely.
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BingX
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Disclaimer
In line with the Trust Project guidelines, this price analysis article is for
informational purposes only and should not be considered financial or
investment advice. BeInCrypto is committed to accurate, unbiased reporting,
but market conditions are subject to change without notice. Always conduct
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