Ethereum

bullish

Solana

Bitcoin

<p>With the price of Bitcoin reclaiming the $65,000 level, the altcoin market has recorded increased price action. Further, top altcoins have experienced a massive uptrend within a short period. Considering the historic market sentiment, this hints at a potential beginning of a prolonged bull market.</p>  
<p>With this, investors are curious about the possibility of top altcoins achieving a new all-time high (ATH). planning on investing before it's too late? Dive in as, in this article, we have covered the top 3 altcoins that have the potential of achieving a new ATH in this crypto bull run.</p>  
<h2 class="wp-block-heading" id="h-ethereum-eth">Ethereum (ETH)</h2>  
<p>After recording a weak price action for a brief period, the Ethereum price has recorded a significant uptrend in its respective portfolio over the past few days. With a jump of ~6.5%, it has reclaimed the $2.6k level. Notably, with an AltSeason around the corner, this altcoin is projected to record a new high.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/27115250/image-613.png" alt="ETH price analysis 27th Sept 2024" class="wp-image-356250">
</figure>  
<p>The Relative Strength Index (RSI) shows a rise toward its overbought range in the 1D time frame. This indicates an increase in the buying pressure for the altcoin within the crypto market. Further, the SMA records a bullish curve, suggesting a positive outlook for the ETH price.</p>  
<p>If the market continues gaining momentum, the Ethereum price will break out of its resistance level of $2.8k and head toward its next crucial resistance trendline of $3.7k in the time time. Moreover, an intensified bullish action could push the price toward its yearly high during Q4.</p>  
<h2 class="wp-block-heading" id="h-solana-sol">Solana (SOL)</h2>  
<p>The Solana price has jumped ~5% in the past day and ~9% over the past week. Moreover, it has recorded a YTD return of 53.44%. With this, the altcoin is trading at a discount of only 39.97% from its all-time high of $260.06 which it had recorded on 07th November 2021.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/27115249/image-612.png" alt="SOL price analysis 27th Sept 2024" class="wp-image-356249">
</figure>  
<p>The Simple Moving Average (SMA) supports the Solana price chart in the 1D time frame. This suggests an increase in the buying-over-selling pressure in the crypto market. Moreover, its RSI indicator is heading toward its overbought range. This suggests that the price may continue gaining value.</p>  
<p>A bullish breakout could result in this altcoin heading toward its upper high of $181. Moreover, if the bulls maintain the price at that level, it could set the stage for the SOL coin price to retest its high of $200 in the coming time.</p>  
<p>Keen on stacking some SOL? Then you need to read our <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Solana Price Prediction</a>!</p>  
<h2 class="wp-block-heading" id="h-binance-bnb">Binance (BNB)</h2>  
<p>With a jump of ~3% in the past 24 hours, the BNB coin price has reclaimed the $600 mark. Furthermore, with a jump of 9.82% during the past month, this altcoin is trading at a discount of 16.38%. This indicates a high possibility of it achieving a new all-time high during the upcoming bull run.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/27115250/image-613.png" alt="BNB price analysis 27th Sept 2024" class="wp-image-356251">
</figure>  
<p>The technical indicators SMA &amp; RSI have both recorded a significant increase in the bullish price action. Moreover, this highlights a positive outlook for the Binance coin price in the cryptocurrency market during the upcoming week.</p>  
<p>If the bulls break out of the resistance zone below the $635 level, the bulls will gain momentum to test this level. Furthermore, if the market continues to favor the bulls, this could result in it heading toward its ATH of $720.6 during Q4.</p>

Coinpedia Fintech News

Table of Contents

CoinPedia News

Other articles published on Sep 27, 2024

Bybit Secures Full License to Operate in Kazakhstan Market

XRP Resmi Hadir di Aplikasi Garanti BBVA, Cek Fitur Barunya!

Crypto Investor Shares Rare Glimpse of Bitcoin Mining in Bhutan

Why Panda World, StarChain, and MoonBag Are the Best Crypto Presales in 2024

Binance co-founder CZ free — What’s next and what it means for crypto

Global Market Access for Crypto Investors: The Impact of Qubetics’ Innovative Tokenized Asset Pla...

Join our free newsletter for daily crypto updates!