{"id":19785,"date":"2024-11-12T09:00:06","date_gmt":"2024-11-12T09:00:06","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=19785"},"modified":"2024-11-12T09:00:06","modified_gmt":"2024-11-12T09:00:06","slug":"all-eyes-on-altcoins-4-crypto-expected-to-challenge-their-all-time-highs-soon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=19785","title":{"rendered":"All-Eyes On Altcoins: 4 Crypto Expected To Challenge Their All-Time Highs Soon"},"content":{"rendered":"

As Bitcoin (BTC) continues its notable ascent, breaking through the $85,000 mark and setting new all-time highs<\/a>, market experts predict a shift in capital towards several major crypto altcoins that have yet to retest their previous peaks.\u00a0<\/p>\n

Price Appreciation For Leading Crypto Post-Election<\/h2>\n

Market expert Jesse Olson recently shared his altcoin watchlist on social media platform X (formerly Twitter), highlighting <\/a>four cryptocurrencies, including Solana (SOL), as key players for what could be massive gains ahead.\u00a0<\/p>\n

Currently trading at around $218, SOL has experienced a significant 36% increase in price over the past week, outperforming many of the top ten cryptocurrencies. Remarkably, Solana is only 15% below its all-time high of $259, achieved in November 2021.<\/p>\n

The recent surge has resulted in a nearly 50% increase in trading volume<\/a> over the weekend, allowing SOL to surpass Binance Coin (BNB) and secure the fourth position in terms of market capitalization among cryptocurrencies. Key resistance levels for Solana are set at $222 and $230, which could pose challenges for further upward movement.<\/p>\n

Another altcoin featured on Olson\u2019s list is Ethereum (ETH). While it has underperformed compared to SOL and BTC in the weekly timeframe, ETH is approaching a critical breakout point<\/a>.\u00a0<\/p>\n

Currently trading at approximately $3,300, Ethereum is just 33% shy of its record high of $4,878, reached in November 2021. The recent surge of 1.7% in the last 24 hours suggests potential momentum as it seeks to break through four months of resistance at $3,320<\/p>\n

Chainlink Struggles To Break Resistance As Cardano Shines<\/h2>\n

Chainlink (LINK) has shown slightly different dynamics. Although it experienced a minor 1% decrease in the last 24 hours, LINK has posted a substantial 43% surge over the week, with a trading price of $14.70 as of Monday.\u00a0<\/p>\n

Despite this positive weekly performance, LINK remains 72% below its all-time high of $52.70 recorded in May 2021. The token\u2019s nearest resistance wall<\/a> is at $14.80, a level it has not breached since July.<\/p>\n

Finally, Cardano (ADA) has emerged as a standout performer, boasting an impressive 84% surge in the weekly timeframe and an 80% increase over the past two weeks.\u00a0<\/p>\n

Currently priced at $0.5959, ADA is still significantly below its all-time high of $3.09, reached in March 2020, and is down approximately 81%. The nearest resistance for ADA is positioned at $0.6115, and if it surpasses this level, it could pave the way for a return to its yearly high<\/a> of $0.81.<\/p>\n

Despite the challenges these altcoins face in the near term, Olson and other analysts maintain a positive outlook for the remainder of the year.\u00a0<\/p>\n

The recent victory of Donald Trump<\/a> in the presidential election is anticipated to enhance institutional adoption of cryptocurrencies and increase capital inflows into the market.\u00a0<\/p>\n

This political shift could create a favorable environment for continued price appreciation across leading crypto assets of the ecosystem, including Bitcoin and the altcoins highlighted in Olson\u2019s watchlist.<\/p>\n

Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

As Bitcoin (BTC) continues its notable ascent, breaking through the $85,000 mark and setting new all-time highs, market experts predict a shift in capital towards several major crypto altcoins that have yet to retest their previous peaks.\u00a0 Price Appreciation For Leading Crypto Post-Election Market expert Jesse Olson recently shared his altcoin watchlist on social media […]<\/p>\n","protected":false},"author":0,"featured_media":19786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-19785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/19785"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19785"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/19785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/19786"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}