The crypto market’s ongoing growth is propelling several tokens toward new highs, with many already achieving this milestone in the past week. Among those poised to follow suit is BNB, which is on track to make history.
BeInCrypto has identified two additional altcoins that are quickly approaching their all-time highs and could soon set new records.
XRP
XRP price recently marked a new all-time high, reaching $3.66 for the first time in over six months. While the altcoin experienced a slight dip shortly after, it now trades just 3.2% below its ATH, signaling strong investor interest.
The exponential moving averages show a bullish Golden Cross and are currently serving as dynamic support. This technical signal suggests that XRP is primed for continued gains. A breakout past the $3.66 level could propel the altcoin toward $3.80, enabling it to set a fresh all-time high.
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XRP Price Analysis. Source: TradingView
However, profit-taking remains a risk as some investors may look to cash in on recent gains. If selling pressure intensifies, XRP price could break below the $3.38 support level. A fall to $3.00 would invalidate the bullish outlook and potentially mark the beginning of a broader correction.
BNB
BNB price is currently trading at $761, just 4% short of breaching its all-time high of $793. Investors have waited seven months for this moment. To achieve a breakout, the altcoin must first secure $741 as a stable support.
The Parabolic SAR indicator is currently positioned below the candlesticks, acting as a strong signal of bullish momentum. This technical pattern suggests an ongoing uptrend. If sustained, BNB could surpass the $793 mark and also climb to $810, setting a new all-time high and reinforcing investor optimism.
BNB Price Analysis. Source: TradingView
However, a premature sell-off could hinder this rally. If BNB fails to hold the $741 support level, it risks declining to $700. Such a drop would invalidate the bullish outlook and may trigger a wave of caution across the market, especially among short-term traders banking on a breakout.
Hyperliquid (HYPE)
HYPE is positioned to chart a new all-time high, provided it secures $46.94 as solid support. Maintaining this floor could pave the way for HYPE to extend its upward momentum in the near term.
Currently trading at $46.89, HYPE is just over 6% away from breaching its all-time high of $49.87, recorded last week. The Ichimoku Cloud forming below the candlesticks signals growing bullish strength. This technical setup indicates a high probability for HYPE to surpass the $50.00 mark soon.
HYPE Price Analysis. Source: TradingView
However, if HYPE fails to establish $46.94 as reliable support, the bullish outlook could be invalidated. A drop toward $42.30 would represent a significant correction, erasing recent gains. Such a reversal would also reduce investor confidence and signal a potential shift in short-term market sentiment.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
