While the cryptography market continues to recover from the losses of the weekend, some altcoins have already started to climb. Investors’ support and gradual recovery helped these tokens to avoid new decreases and to arouse rallies.
Beincryptto analyzed three altcoins that have reached new heights of all time today and explored what awaits them.
Pi Network (PI)
The price of the PI network jumped 19% in the last 24 hours, reaching a summit of $ 1.98 during an intra-day rally. However, it has since been slightly, currently negotiating at $ 1.90. This price action highlights the volatility of PI in the midst of market fluctuations and investors’ interests.
Despite the recent drop, the PI network has experienced strong support from investors. The room drew significant attention, especially because of its controversial extraction methods. If this continuous attention persists, PI could see its upward price trend, potentially growing above the $ 2.00 bar and form a new summit of all time.
However, if PI does not hold the support at $ 1.59, it could face new decreases. A drop below this level of support can see the price slide at $ 1.43, with a critical support point at $ 1.19. The loss of these levels would invalidate upward perspectives and prolong the downward trend.
Kaito (Kaito)
Kaito’s price jumped 28%, reaching $ 2.12 and briefly reached a new summit of $ 2.17 during the intra-day increase. This significant increase highlights a strong interest in investors and continuous growth potential. The performance of the Altcoin remains promising, suggesting an ascending trajectory if the bullish momentum continues.
After last week’s launch, Kaito drew the attention of investors, with an increasing feeling of optimism surrounding the token. If the current bullish feeling continues, Kaito could climb around $ 2.50 in the coming days, further strengthening its position on the market.
However, if Kaito does not exceed $ 2.17, he could face a slowdown. A lack of violation of this resistance can lead Altcoin to fall back to $ 1.86 or even less, to $ 1.71. Such a decline would invalidate current upper prospects and erase recent gains.
Staika (Stik)
Another Altcoins, Stika (Stik), made an impressive decision, reaching a new summit of all time (ATH) of $ 5.41. Despite wider lower-lower market conditions, the crypto token managed to stay above $ 5.05, preventing a new drop. This resilience shows a strong confidence of investors in its more in -depth growth potential.
This marks the second Ath in just seven days for Stik, indicating a potential break. If the Altcoin continues this momentum upwards, it could soon exceed $ 5.60, establishing a new level of resistance.
However, if Stik fails to rape the resistance of $ 5.41, it can be consolidated in the range of $ 5.41 to $ 5.05. Failure to comply with the level of support of $ 5.05 would invalidate the bullish perspectives, which could lower the price to $ 4.58. The feeling of the market will be crucial to determine the next decision.
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In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
