The crypto market is gradually recovering, generating renewed optimism that has driven some smaller-cap coins to surge. While Bitcoin has yet to start a significant recovery, several altcoins are seizing the opportunity to rally.
BeInCrypto analyzed three crypto tokens that reached a new all-time high (ATH) today (3), increasing investor profits.
SPX6900 (SPX)
SPX has hit a new all-time high of $1.23 after rallying 30% in the past 24 hours. Currently trading at $1.21, the altcoin’s strong performance highlights growing investor interest and the potential for further growth in the near term.
This surge came after SPX successfully secured $0.91 as a support floor earlier this week. If investors continue to hold their positions and resist selling, the altcoin could maintain its upward momentum and reach new all-time highs in the coming days.
SPX Price Analysis. Source: TradingView
However, if SPX holders start selling, the price could fall to $1.00 or lower. A further drop to $0.91 would invalidate the bullish outlook, raising concerns about sustained gains. Holding key support levels is crucial to preserving market confidence.
Gigachad (GIGA)
GIGA is up 16% in the past 24 hours, reaching a new all-time high of $0.089. This is the second ATH for the memecoin this week, showing its impressive momentum and capturing strong investor attention.
With support at $0.081, a successful bounce could allow GIGA to maintain its uptrend. Breaking upwards, the memecoin could reach the $0.100 milestone, further solidifying its bullish outlook and providing notable gains for its holders.
GIGA Price Analysis. Source: TradingView
However, losing the $0.081 support could lead to a drop towards $0.064. This would invalidate the bullish outlook and erase a significant portion of the recent gains, highlighting the importance of holding key levels for stability.
GateToken (GT)
Another crypto token that hit a new all-time high (ATH) was GT, which reached $17.74 after bouncing off the $16.00 support earlier this week. This surge highlights the altcoin’s strong upward momentum, capturing investors’ attention and positioning it as a standout in the market.
Furthermore, if GT maintains its bullish trajectory, the altcoin could continue setting new records, potentially reaching the $18.00 mark. This would bolster investor confidence and solidify GT’s position as a promising asset in the current crypto market.
GT Price Analysis. Source: TradingView
However, a dip could see GT return to $16.00, offering another opportunity for a bounce and potential recovery. Failure to hold this critical support level would invalidate the bullish outlook, raising concerns about further price corrections.
The article 3 altcoins that hit all-time highs today, 01/03/2025 – appeared first on BeInCrypto Brasil.
