3 Altcoins Poised to Reach New All-Time Highs by Month End
Despite the general downturn in the crypto market, some gems are shining. Explore 3 altcoins poised to enter "price discovery mode" and surpass their all-time highs.
Despite the general downturn in the crypto market, some gems are shining. Explore 3 altcoins poised to enter "price discovery mode" and surpass their all-time highs.
While most major cryptocurrencies are experiencing corrections, three altcoins have managed to stand out in recent days. Let’s take a closer look at these gems that could well be the next to reach new heights.
EPIC, the main token of Epic Chain, is positioning itself as one of the leaders in real-world asset-backed cryptocurrencies (RWA). Its fundamentals are impressive :
From a technical perspective, EPIC is evolving in a solid upward trend. Breaking through the resistance at $2.53 has paved the way for a new all-time high, less than 4% from the previous one. A breakthrough above the $3.03 threshold (the Fibonacci target) could propel this altcoin into a price discovery phase.
SAROS, the Solana super app that combines DeFi, payments, and NFTs, is also experiencing massive inflows to wallets. In just one week, whales have increased their holdings by 0.29%.
Most notably, exchange reserves have plummeted by 58.33%, indicating that holders are preparing for actual protocol usage. This type of dynamic often precedes explosive price movements.
Currently trading around $0.39, approximately 5% below its all-time high of $0.41, SAROS is just waiting for a decisive breakthrough of this resistance to enter price discovery mode.
Finally, BNB, the native altcoin of the BNB Chain ecosystem, continues to outperform despite the general market downturn. While Bitcoin, Ethereum, and many other cryptocurrencies are in the red, BNB is only 4% away from its all-time high.
Technical analysis shows that BNB needs to break through the resistance at $866 to restart a price discovery phase, with a target of $882. A drop below $812 would, however, be detrimental to its prospects of reaching a new all-time high.
Despite the market pullback in recent days, these three altcoins stand out for their resilience and upside potential. Thanks to solid fundamentals and promising technical dynamics, EPIC, SAROS, and BNB could well be the next to set new all-time highs. An opportunity not to be missed for savvy investors!
These 3 altcoins are the most likely to continue their bullish trend. Here’s a guide to buying these 3 altcoins on Bitget and keeping your portfolio in the green :
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
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