The crypto market is poised to benefit from Bitcoin’s recent all-time high (ATH). As Bitcoin surpasses $119,000 and nears the $120,000 mark, some altcoins could also capitalize on this momentum.
BeInCrypto has identified three altcoins most likely to achieve new all-time highs in the coming week.
Useless (USELESS)
USELESS is currently standing 8% from its all-time high (ATH) of $0.338, while consolidating above $0.222. Despite the sideways movement, the altcoin’s recent price action suggests it’s preparing for another potential move.
The altcoin has recently cooled off after reaching overbought conditions. The Relative Strength Index (RSI) is still in the bullish zone, indicating positive market sentiment. If USELESS maintains this momentum, it could push past $0.338 and form a new ATH near $0.400, continuing its upward trajectory in the coming days.
USELESS Price Analysis. Source: TradingView
However, if the broader market shifts negatively, USELESS could face significant selling pressure. A fall below the $0.222 support level would signal further weakness, potentially dropping to $0.182. This would invalidate the bullish thesis and negate the current positive outlook for the altcoin.
SPX6900 (SPX)
SPX is currently nearing its all-time high (ATH) of $1.77, requiring a 7.7% rise in the next few days. This positions the meme coin as one of the closest to its ATH, with investors awaiting a potential breakout.
The Parabolic SAR below the candlesticks indicates that an uptrend is in progress for SPX. This technical signal suggests that the altcoin may secure $1.55 as support and rise to $1.77. If the uptrend holds, SPX could push past the ATH, attracting further buying interest in the market.
SPX Price Analysis. Source: TradingView
However, should SPX experience selling pressure, the altcoin may struggle to maintain its current price. A drop to the local support at $1.42 could occur, and if the support is lost, SPX could slip further to $1.25, invalidating the bullish outlook and signaling potential further declines.
Saros (SAROS)
SAROS is currently trading at $0.255, just 4% away from its all-time high (ATH) of $0.265. The altcoin is approaching a critical resistance point, and investors are watching closely for a potential breakout. A surge could drive the price higher and confirm the altcoin’s bullish momentum.
The ATH formed last week is expected to be surpassed soon, as the Ichimoku Cloud signals bullish momentum. This technical indicator suggests that the market is poised for further growth, potentially pushing SAROS to $0.275 or higher.
SAROS Price Analysis. Source: TradingView
However, if SAROS experiences bearish pressure from the broader market, it could face a decline. The altcoin may slip to the support level of $0.244, and if this support is lost, the price could drop further to $0.232. This potential reversal would erase recent gains, highlighting the risks for investors.
