The market appears to be ec at the moment, as Bitcoin is forming the best newest ever over the weekend. The US government closures provide even more rising cryptocurrency value. This could be a driving factor to move forward.
Beincrypto has analyzed three such altcoins looking at potential highs over the next few days.
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Ethereum (eth)
Ethereum, the second largest cryptocurrency by market capitalization, trades at $4,569 and holds a key support level of $4,500. Altcoin King continues to be one of the greatest tokens of all time.
Tokens need an 8.5% increase for Ethereum to regain an all-time high of $4,956. To achieve this, you will need to break through the $4,775 resistance. This is the level that traders are closely monitoring. If bullish momentum continues and ET successfully rebounds from $4,500, new market enthusiasm can drive the token towards a new record.
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However, potential sales pressures pose short-term risks to Ethereum prices. A reduction below the $4,500 support could cause further losses, pushing ETH to $4,222. Such a move will negate the current bullish outlook and erase some of the recent profits.
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okb (okb)
OKB is trading at $225, just below the key resistance level of $229. Altcoin recorded impressive growth this month, rising from $189 a week ago.
OKB’s next major goal is to break the $229 resistance and turn it into a stable level of support. Achieving this is crucial in driving tokens towards an all-time high of $258, currently 14.6% apart.
However, unsuccessful breakout attempts can cause a change in market sentiment. If an investor starts selling, OKB may retreat to the $207 support zone. Such a decline denies the ongoing bullish outlook and underscores the importance of maintaining upward momentum to maintain recent profits.
Aster (Aster)
The Aster trades at $2.08 and maintains stability above the main support level of $1.87, while facing resistance at $2.24. The resilience of the token shows stable investor trust as the bull is trying to secure momentum.
For Aster to reach an all-time high of $2.43, Altcoin needs to rise by around 17% from its current price. This goal looks achievable as it has already surged 11% today. If bullish momentum continues, the token could break through the $2.24 resistance.
However, Aster’s performance remains sensitive to the sentiment of the entire market. The transition from bull to bearish can cause a drop below the $1.87 support level. In such a scenario, the price could slide towards $1.63, eliminating recent profits and negating the general bullish outlook.
