3 Cryptocurrencies That Reached All-Time Highs Today — December 12
SUI surged 29%, hitting a new all-time high of $4.91, supported by strong investor interest; $4.37 is a crucial support level.
MANTRA (OM) reached a new ATH of $4.63 before pulling back, with future price action dependent on market sentiment and support at $3.47.
Bitget Token (BGB) continued its streak of new ATHs, hitting $3.38, but could face a pullback if market sentiment shifts; $2.49 is key support.
With Bitcoin reclaiming the $100,000 price as support, the crypto market seemed primed to continue its uptrend. As a result, many altcoins followed Bitcoin’s lead, with some even noting new highs.
BeInCrypto has analyzed three such crypto tokens that have recorded new all-time highs over the last 24 hours.
Sui (SUI):SUI price has surged by 29% over the last 24 hours, reaching $4.80. The altcoin recently hit a new all-time high (ATH) of $4.91 during today’s intra-day session.
SUI has established solid support at $4.37, which should help the altcoin retain its value even if a correction occurs. Holding above this support would allow SUI to regroup and potentially form new ATHs.
If SUI fails to maintain the $4.37 support, a price drop to $3.94 becomes likely. A break below this level could signal a deeper correction, and further declines would push SUI closer to the $3.20 mark.
MANTRA (OM):OM price has been stuck in a sideways trend for more than three weeks, following a massive 64% price surge in a single day. The altcoin’s price action has lacked clear direction, as traders appear cautious amid the broader market uncertainty. A break from this consolidation is expected soon.
Over the last 24 hours, the crypto token formed a new all-time high (ATH) at $4.63 before pulling back to $4.18. This recent fluctuation signals a shift in momentum, though the pullback suggests that some profit-taking is occurring.
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