3 Altcoins That Reached All-Time Highs Today — January 26

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As January drew to a close, the fourth week brought heightened volatility to the cryptocurrency market. Amid these fluctuations, several altcoins made notable efforts to secure gains. However, only a handful managed to weather the storm and achieve significant rallies, with a select few even reaching new all-time highs.

BeInCrypto has identified three standout crypto tokens that have defied market conditions and also set new all-time highs. Here’s a closer look at their performance and what might be in store for them in the coming week.

MANTRA (OM)

OM’s price surged 45% in the past 24 hours, breaking out of a two-month-long consolidation range between $4.27 and $3.47. This dramatic increase has reignited investor interest, pushing the altcoin beyond its recent stagnation.

This momentum allowed OM to form a new all-time high (ATH) at $5.10, a significant milestone for the cryptocurrency. Currently trading at $4.59, OM is striving to solidify $4.27 as a support floor. Successfully doing so could maintain its bullish momentum and encourage further upward movement.

However, failure to establish $4.27 as support could lead OM back into its previous consolidation range. A slip below this level would hinder its potential to set a new ATH, dampening investor sentiment.

Toshi (TOSHI)

TOSHI experienced a staggering 157% surge in the last 24 hours, reaching a new all-time high (ATH) of $0.00211. This rise followed the cryptocurrency’s successful establishment of support at $0.00057. The sharp increase highlights growing investor interest and market activity around the token, signaling strong short-term momentum.

To sustain its upward trajectory, TOSHI must establish a solid support level at $0.00100. Securing this floor would provide a foundation for further price increases and maintain investor confidence.

Should investors begin taking profits, TOSHI could retrace toward the $0.00057 support level, erasing recent gains. This scenario would invalidate the bullish outlook and return the cryptocurrency to pre-surge levels.

Vine (VINE)

Another one of the trending crypto tokens, VINE surged by an impressive 237%, reaching a new all-time high (ATH) of $0.487 during the intraday session. This significant rise was accompanied by the establishment of a short-term support level of $0.349.

For VINE to continue its upward trajectory, it must breach and flip the $0.487 resistance into a support level. Successfully doing so could pave the way for the altcoin to surpass $0.500 and potentially aim for $1.000.

However, a reversal could lead to a decline in VINE’s value, pushing it below the critical support of $0.349. If this happens, the altcoin may drop to $0.231, invalidating the bullish thesis and erasing recent gains.

The post 3 Altcoins That Reached All-Time Highs Today — January 26 appeared first on BeInCrypto.

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