With Bitcoin forming a new all-time high over the weekend the market seems to be ecstatic at the moment. The US government shutdown is further feeding the rising value of cryptocurrencies. This could be a driving factor going ahead.
BeInCrypto has analysed three such altcoins that are looking at a potential all-time high in the coming days.
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Ethereum (ETH)
Ethereum, the second-largest cryptocurrency by market capitalization, is trading at $4,569, holding firmly above the key $4,500 support level. The altcoin king remains one of the closest tokens to retest its all-time high.
For Ethereum to reclaim its all-time high of $4,956, the token needs an 8.5% increase. Achieving this requires breaking through the $4,775 resistance, a level closely watched by traders. If bullish momentum continues and ETH successfully rebounds from $4,500, renewed market enthusiasm could drive the token toward a new record.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
However, potential selling pressure poses a short-term risk to Ethereum’s price. A decline below the $4,500 support could trigger further losses, pushing ETH toward $4,222. Such movement would invalidate the current bullish outlook and erase a portion of recent gains.
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OKB (OKB)
OKB is trading at $225, just below the crucial resistance level of $229. The altcoin has recorded impressive growth this month, climbing from $189 a week ago.
The next major target for OKB is breaking the $229 resistance and turning it into a stable support level. Achieving this would
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Author: Aaryamann Shrivastava
