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Cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта That Reached
All-Time Highs
Today — December 4
With the altcoin season underway, most of the top crypto tokens other than
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin are noting gains. Two of the top 15 cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта even made it to
new all-time highs (ATHs) today amid strong bullish momentum.
BeInCrypto has analyzed these three crypto tokens, which formed new all-time
highs, and what to expect from them going forward.
BNB
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BNB price surged by 18% in the past 24 hours, reaching $770 at the time of
writing. The intra-day high of $779 set a new all-time high (ATH) for the
altcoin. This price movement highlights strong bullish momentum and increasing
market confidence in BNB s future performance.
The previous ATH for BNB was set in June at $721, which has now become a
crucial support level. If BNB manages to maintain this level, it could
continue its upward trend, further solidifying its position in the market. The
$721 support is vital for sustaining investor confidence in the token. BNB
Price Analysis. Source: TradingView
Given the current momentum, BNB is expected to continue its rise and
potentially form new ATHs. However, if profit-taking occurs and the price
falls below the $721 support level, the bullish thesis would be invalidated. A
drop below this level would signal a shift in market sentiment, leading to
possible corrections.
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Tron (TRX)
Tron’s price surged by 77% in the past 24 hours, reaching $0.39. Despite a
9.5% intra-day dip, the altcoin is expected to maintain support above $0.30.
This level is critical for sustaining the bullish momentum. If Tron holds
above $0.30, it could continue its upward trend.
During the price surge, Tron reached a new all-time high (ATH) of $0.45. The
next key target for the altcoin is to establish $0.50 as support. If Tron can
hold above this level, it will signal further growth, with the potential for
more gains in the coming days or weeks. TRX Price Analysis. Source:
TradingView
However, if the downward trend persists and TRX drops below the psychological
support of $0.30, panic selling could follow. This scenario would invalidate
the current bullish outlook, leading to a potential shift in market sentiment.
Traders should monitor support levels closely.
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Leo Token (LEO)
LEO token recently reached a new all-time high (ATH) of $9.87 after a near 12%
rise in the last 24 hours. This marks the second ATH for LEO in the past
month, indicating strong market demand and bullish momentum. The token’s
performance has attracted significant attention from investors.
LEO is expected to continue benefiting from the ongoing altcoin season, with
its price likely to rise further. The altcoin has managed to maintain the
critical support level at $8.86, which is crucial for sustaining upward
momentum. As long as this support holds, LEO could see additional gains in the
coming weeks. LEO Price Analysis. Source: TradingView
However, if LEO fails to hold the $8.86 support level, the current bullish
outlook could be jeopardized. A break below this key level would likely lead
to a sharp decline, erasing the recent gains and potentially signaling a shift
in market sentiment.
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Disclaimer
In line with the Trust Project guidelines, this price analysis article is for
informational purposes only and should not be considered financial or
investment advice. BeInCrypto is committed to accurate, unbiased reporting,
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