Date: Sat, Oct 12, 2024, 02:38 PM GMT
The crypto market is finally experiencing “Uptober” with a strong recovery after a shaky start to the month. Initial sell-offs driven by global tensions sent Bitcoin (BTC) tumbling to $60K, but it has bounced back, now trading above $63K.
as the market showing upside momentum we have analyzed top 3 altcoins that could make a new all time high soon.
1) Bittensor (TAO)
Bittensor (TAO) remains a top performer among AI tokens, posting an impressive 131% gain in the past 30 days alone. This rally has attracted attention from major market players, with Grayscale adding TAO to its AI decentralized fund at top spot.
After a sharp drop from $614 to $474 on October 1st, TAO has made a quick recovery and now trading at $673 and down by 13% from its all time high of $776., once it cross the net resistance level of $717, TAO is looking all set to make new all time high soon.
2) Sui (SUI)
SUI is the most hot token in crypto market sue to its rapid rising in every corner. the TVL rapid growth to above $1B, record daily transactions, and its comparison to Solana’s 2021 bull run has contributed to its solid surge of 117% in last 30 days.
as of now SUI is currently trading at its new all time high of $2.25 and made a milestone today by breaking its long awaited all time high at $2.18 with pasting gains of over 11% in the last 24 hour.
as this ATH breakout is major , SUI is all set for making new all time high in crypto market now.
3) Binance Coin (BNB)
Binance Coin (BNB) is the native cryptocurrency of Binance, one of the largest exchanges in the world. A significant bullish trigger for BNB is the recent release of its former CEO, Changpeng Zhao, which many in the crypto community see as a pivotal moment that could spark a run.
Currently, BNB is trading at $577 which is 19% down from its all time high, forming a channel pattern. If it breaks out above $614, BNB could target its next resistance at $721, which also marks its all-time high (ATH). A successful breakout would position BNB for further gains as market sentiment turns increasingly positive.
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