Top Altcoins That Can Hit An ATH This Week?
The post Top Altcoins That Can Hit An ATH This Week? appeared first on Coinpedia Fintech News
Story Highlights- The Solana price hits a new high of $263.84 on 23rd November.
- The Stellar price soared over 453% this month alone.
- The Pepe memecoin records a 13x rally this year.
As Bitcoin price hovers above the $98,000 mark, top cryptocurrencies maintain their bullish sentiment. Moreover, the Altcoin season index has increased to 44 from 17 during the past week, indicating a potential investor interest switch toward the AltSeason.
With the rising volatility, will the altcoin market experience more tokens achieving a new ATH this week? In this article, we have covered the top 3 altcoins that have the potential to hit a new all-time high during the upcoming time.
Solana (SOL)Despite recording a drop of 3.47% in 24 hours and a trading volume of $5.32 billion, the SOL price has surged 4.49% over the last seven days and 52.13% during the last 30 days. With a market cap of $118.32 billion, it is on the verge of claiming the 3rd position.
TradingView: SOL/USDT
The Moving Average Convergence Divergence (MACD) shows a constant green histogram with its averages recording a similar price action. Moreover, the SMA indicator constantly supports the price chart in the daily time frame, suggesting a bullish outlook in the upcoming time.
Maintaining the price above the $250 level could set the stage for this altcoin to head toward its upper price target of $300 this year. On the flip side, a bearish reversal could pull the price toward its support trendline of $200.
Also, read Solana Price Prediction!
Stellar (XLM)The XLM price has soared ~135% over the last seven days. Moreover, it has added 449.56% during the past month and has a Year-to-Date (YTD) return of 297.23%.
TradingView: XLM/USDT
The Relative Strength Index (RSI) continues hovering above the overbought range with its average trendline recording a steady rise. Moreover, the EMA 50/200-day has experienced a Golden Cross in the Stellar price chart, indicating that this altcoin will continue gaining momentum.
If the bullish sentiment sustains, the XLM price will breach its resistance level of $0.60 and head toward its upper high of $0.70. Conversely, if a trend reversal occurs, this could pull the Steller price toward its lower support level of $0.40.
Pepe (PEPE)The PEPE meme coin is currently trading at a discount of ~22% from its previous ATH. Notably, this crypto token has surged 122.89% over the last 30 days and has a yearly return of 1,433.35%. This makes it one of the best-performing memecoin of this year.
TradingView: PEPE/USDT
The Simple Moving Average (SMA) is on the verge of testing the Pepe price chart in the 1D time frame. Moreover, the MACD indicator is recording a similar price trend, highlighting increased buying-and-selling pressure for the altcoin in the upcoming time.
If the bull regains momentum, the Pepe memecoin will surpass its ATH and head toward its upper target price of $0.000030. On the contrary, if the bears outrun the bulls, this could result in the PEPE price retesting its support level of $0.0000180.
Also, read Pepe Price Prediction!
FAQs Will Solana reach $500?The SOL coin price requires a jump of 96.201% to achieve the target price of $500.
How high will XLM price go?If the bullish sentiment sustains, the Stellar price may attempt to test the $1 mark this year.
Will Pepe hit $0.0001?The Pepe price may achieve this price tag in 2025.