The cryptocurrency market has entered a bullish phase once again as Bitcoin price surged past $93,000, setting a new all-time high for the fifth time in a week. The rally also spurred growth across altcoins.
TinTucBitcoin analyzed three tokens that hit new record highs today, bringing significant returns to investors and creating excitement in the market.
Baby (BABY)
PEPE hit a new all-time high of $0.00002597 in intraday trading today, after an impressive 83% gain over the past 24 hours. The breakout allowed Meme Coin to surpass a five-month resistance level at $0.00001677, marking a notable achievement.
Currently trading at $0.00002267, PEPE may face difficulty in establishing a new high due to today's pullback. However, if investors hold their positions and do not sell, PEPE may avoid a fall back to the previous support level at $0.00001677.
PEPE Price Analysis. Source: TradingView
If PEPE drops to this support level, the possibility of a new high would be eliminated, along with a large portion of recent gains.
On (ON)
SUI has increased by 9.75% over the past 24 hours, reaching a new all-time high of $3.52. Although the increase is modest, the high marks an important milestone in the altcoin's recent uptrend.
The high is the sixth all-time high in the past week, as SUI closely tracks Bitcoin's rally. The cryptocurrency has now established solid support at $3.20, reinforcing investor confidence in continued growth.
SUI Price Analysis. Source: TradingView
However, if SUI loses the $3.20 support, the price could drop to $2.85, thereby damaging investors’ current bullish outlook and potentially shifting sentiment to the downside.
Popcat (POPCAT)
POPCAT surged 18% in intraday trading to a new all-time high of $2.00, its first such move in more than two weeks. The recent surge underscores POPCAT’s growing appeal to meme coin investors.
Currently trading at $1.88, POPCAT is experiencing a slight correction but has established support at $1.74. This support level acts as a protective barrier, preventing any major losses and maintaining the positive sentiment around the Token.
POPCAT Price Analysis. Source: TradingView
However, if POPCAT loses the $1.74 support level, it could face a decline to $1.49. Such a decline could dampen hopes of a new all-time high, dampening the momentum for the Solana-based Meme Coin.
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