The cryptocurrency market has recorded a strong bullish recovery this week with top altcoins making a notable comeback. Amid such market trends, investors are expecting to witness multiple tokens achieving a new ATH soon.
Considering the present market sentiments, are you planning on investing in altcoin this week? Read our article to explore the top altcoins that have the potential to achieve a new all-time high this week.
Solana (SOL)
Despite recording a drop of 3.25% in the last seven days, the SOL price has jumped 39.38% in 30 days and has a Year-to-Date (YTD) return of +35.54%. Moreover, with a market capitalization of $124.801 billion, it has secured the 05th position in the global crypto market.
The Simple Moving Average (SMA) constantly supports the Solana price chart in the 1D time frame. However, its RSI indicator records mixed price sentiment. This suggests rising uncertainty for the 05th largest cryptocurrency this week.
If the bulls regain momentum, the SOL coin price will breach its resistance of $270 and head toward its upper high of $300. On the contrary, if the bears outrun the bulls, this could result in the price of Solana dropping toward its low of $230.
Curious to find out the long-term price prospects of SOL tokens? Read Solana Price Prediction!
Biget Token (BGB)
The BGB price has gained significant attention from the crypto space over the last 60 days with its impressive price action. Notably, the altcoin has formed an expanding channel pattern and continues trading within in since December 2024.
The Moving Average Convergence Divergence (MACD) records a constant decline in the red histogram. Moreover, its averages are on the verge of experiencing a bullish convergence, suggesting an increase in the buying-over-selling pressure for the altcoin.
Maintaining its upward trajectory could push the BGB price toward its upper high of $10 in the coming time. However, if the bears outrun the bulls, the Bitget Token will breakdown its support level of $7 and drop toward its low of 5.50.
Planning on investing in exchange tokens? Read our Bitget Token Price Prediction 2025, 2026 – 2030!
Gate Token (GT)
The Gate token price has maintained its bullish price action by adding 24.66% in the last seven days and 62.71% over the past month. Moreover, with a market cap of $2.251 billion, it has soared over 52% this year, highlighting increased bullish action.
The Relative Strength Index (RSI) continues hovering above the overbought range in the daily time frame. On the other hand, its SMA indicator constantly acts as a support. This suggests a positive outlook for this exchange token this week.
Suppose, the bulls maintain their dominance in the market, this could push the GT price toward its target price of $30. Conversely, a bearish trend reversal could pull the price toward its lower support level of $22 in the coming time.
Are you wondering if the price of ETH tokens will hit a new ATH this year? Read Ethereum Price Prediction!
FAQs
The SOL coin price can achieve this milestone by recording a surge of 295.25% in its current market valuation.
At the time of writing, the value of one SOL crypto was $253.
With a 24-hour trading volume of $481.23 million, the BGB token is exchanging hands at $7.440.
The ATH of GT crypto token is $25.95 and was achieved on 25th January 2025.
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