3 Altcoins That Reached All-Time Highs Today — January 16
These three crypto tok reached all-time highs amid renewed market strength. Strong support levels are critical for sustaining these gains.
With the crypto market adding $130 billion over the last 24 hours, many altcoins enjoyed passive gains that pushed them to their new highs. The emergence of new tokens in the crypto market is resulting in new ATHs every day.
Thus, BeInCrypto has combed through the market to find three crypto tokens that hit an all-time high (ATH) that investors should keep an eye on.
GateToken (GT)
GT maintained its bullish momentum, reaching a new all-time high (ATH) of $19.77 within the last 24 hours. This consistent upward trend highlights growing market interest and altcoin’s ability to sustain its performance.
Over the past three days, GT’s price has risen by 7%. While not extraordinary, this steady growth is exactly what the altcoin needs to breach the critical $20.00 mark and establish it as support, paving the way for further gains.
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However, if investors opt to take profits or broader market conditions turn bearish, GT could struggle to surpass the $19.77 ATH. A reversal might send the price back to $18.12, invalidating the bullish outlook and pausing its upward trajectory.
aixbt by Virtuals (AIXBT)
AIXBT has experienced significant growth this week, surging by 101% in the past 48 hours to trade at $0.86. This impressive performance highlights growing investor interest in the altcoin, positioning it as a standout in the AI token sector.
During intra-day highs, AIXBT achieved a new all-time high (ATH) of $0.96, driven by increasing demand for its AI Agent token. If this momentum persists, the altcoin could break the $1.00 barrier, further solidifying its bullish trend.
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However, if the uptrend reverses, AIXBT could face a pullback to $0.75. Failure to maintain this support might push the price down to $0.60 or lower, potentially invalidating the bullish outlook and erasing recent gains.
Fasttoken (FTN)
FTN recently achieved a new all-time high (ATH) of $3.90 despite modest weekly gains. The altcoin’s upward momentum is driven by intra-day highs, signaling sustained interest and growth potential.
If FTN’s uptrend persists, the altcoin could break past the $4.00 mark, setting new ATHs and reinforcing bullish market sentiment. Continued demand will be crucial for maintaining this trajectory.
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However, a decline in demand could push FTN back to test the $3.67 support level. Failing to hold this support risks invalidating the bullish outlook, potentially sending the price down to $3.50 and reversing recent gains.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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