Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
As January drew to a close, the fourth week brought increased volatility to the cryptocurrency market. Amid these swings, several altcoins have made significant efforts to secure gains. However, only a handful managed to weather the storm and achieve significant rallies, with a select few even hitting new all-time highs.
BeInCrypto has identified three exceptional crypto tokens that defied market conditions and also set new all-time highs. Here’s a closer look at their performance and what’s in store for them in the coming week.
The price of OM has risen 45% in the last 24 hours, breaking out of a two-month consolidation range between $4.27 and $3.47. This dramatic increase has reignited investor interest and pushed the altcoin beyond its recent stagnation.
This momentum allowed OM to create a new all-time high (ATH) at $5.10, a significant milestone for the cryptocurrency. Currently trading at $4.59, OM is looking to consolidate $4.27 as a support floor. If it does, it could maintain its bullish momentum and support further upside.
OM price analysis. Source: TradingView
However, failure to establish $4.27 as support could lead OM back to the previous consolidation range. A drop below this level would hinder its potential to set a new ATH, dampening investor sentiment.
TOSHI experienced a staggering 157% gain in the last 24 hours and reached a new all-time high (ATH) of $0.00211. This rise followed the successful launch of support for the cryptocurrency at $0.00057. The surge highlights growing investor interest and market activity around the token, signaling strong near-term momentum.
To maintain its upward trajectory, TOSHI needs to establish a solid support level at $0.00100. Securing this minimum level would provide a basis for further price increases and maintain investor confidence.
TOSHI Price Analysis. Source: TradingView
If investors start taking profits, TOSHI could return to the $0.00057 support level and erase recent gains. This scenario would invalidate the bullish outlook and return the cryptocurrency to pre-surge levels.
Another trending crypto token, VINE rose by an impressive 237% to hit a new all-time high (ATH) of $0.487 during the intraday session. This significant increase was accompanied by the establishment of a short-term support level of $0.349.
To continue its upward trajectory, VINE needs to break and flip the $0.487 resistance to the support level. Doing so could pave the way for the altcoin to surpass $0.500 and potentially head towards $1,000.
VINE Price Analysis. Source: TradingView
However, a reversal could send VINE lower, pushing it below the critical $0.349 support. If this happens, the altcoin may fall to $0.231, invalidating the bullish thesis and erasing recent gains.