Along With Bitcoin, These Cryptos Which are Poised to Mark New Highs This Month—Do You Own Some? 

Share This Post

Altcoin Season

The post Along With Bitcoin, These Cryptos Which are Poised to Mark New Highs This Month—Do You Own Some?  appeared first on Coinpedia Fintech News

Ever since Bitcoin & Crypto proponent Donald Trump became the new president-elect of the United States, the bulls have jumped in action. Some tokens have ranged above the bearish influence, while others are poised to form new highs in a short while. Along with Bitcoin, here are some of the cryptos which are believed to form a new ATH before the end of the month 

Bitcoin (BTC) 

  • Bitcoin formed a new ATH at $76,460 a few moments ago and, despite minor bearish activity, continues to trade within the bullish range
  • The price completed the cup and handle pattern and is trying hard to surpass the neckline of the pattern
  • Besides, the RSI is yet to reach the neckline of the parabolic recovery, indicating the price may continue to maintain an ascending trend 
  • Therefore, the BTC price appears to be poised to remain within the discovery phase and mark new highs above $82,000 in November

BinanceCoin (BNB) 

  • The BinanceCoin price is ranging high silently without making noise, indicating the preparedness of the bulls to push the prices higher
  • After forming new highs at $721.80, the BNB price continues to trade within a tight range, suggesting the bulls preparing for a breakout
  • Besides, the MACD is trying to undergo a bullish crossover, which may validate the start of a fresh bullish trend
  • Therefore, the BNB price is believed to consolidated within the triangle for a while and later broke to mark the next peak, forming a four-digit figure

Solana (SOL)

  • The Solana price has surged above the 7-month-long consolidation within a descending parallel channel
  • Besides, it has also raised above the cup and handle pattern, which suggests a fresh bullish action could be fast approaching 
  • The RSI has rebounded from the lows and maintaining a parabolic recovery to reach the upper threshold
  • Hence, the Solana price is poised to maintain a healthy ascending trend and reach highs above $260 in a short while 

Sui (SUI) 

  • Previously, when the SUI price marked a new ATH, it fell 10% short as the bears restricted the rally at $2.35 and now at $2.38
  • The trade setup suggests the token is stuck within a bullish range, suggesting the price may maintain a healthy ascending trend 
  • Meanwhile, the on-balance volume has spiked to the upper threshold, indicating the bullish trend to remain intact
  • Hence, the SUI price is expected to maintain an ascending trend and form a new high above $2.5 before the end of the month
Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Alameda Boss Caroline Ellison Reports to Federal Prison for Role in FTX Scandal

Caroline Ellison, former chief executive of Alameda Research and a pivotal witness in the case against FTX founder Sam Bankman-Fried, has reported to a low-security federal prison in Connecticut

Solana Breaks Above Key Resistance – Top Analyst Sets $300 Target

Solana has finally broken through a crucial resistance level that has kept the price subdued for months, sparking fresh optimism among investors However, the breakout has yet to be confirmed, leaving

Crypto Industry Experts React as Trump’s Re-Election Shakes up Digital Assets

With the US 2024 election behind us and Donald Trump now set to return to the White House, voices across the crypto industry are buzzing Many experts eagerly shared their views with Bitcoincom News,

4 Best Altcoins to Buy Now as Bitcoin Records Another New ATH

The post 4 Best Altcoins to Buy Now as Bitcoin Records Another New ATH appeared first on Coinpedia Fintech News Bitcoin has broken its all-time high (ATH) for the third time in 24 hours As the crypto

Ethereum Eyes $3,000 Amid Weakening Selling Pressure: Can Bullish On-Chain Metrics Hold ETH Price?

The post Ethereum Eyes $3,000 Amid Weakening Selling Pressure: Can Bullish On-Chain Metrics Hold ETH Price appeared first on Coinpedia Fintech News Ethereum experienced a strong start to November,

Peter Brandt Claims ETH, SOL Poised For Breakouts, Favours Solana For Its New Highs

The post Peter Brandt Claims ETH, SOL Poised For Breakouts, Favours Solana For Its New Highs appeared first on Coinpedia Fintech News In the latest X post, veteran trader Peter Brandt shared a