AltcoinsPrice Analysis

Altcoins Which Are Self-Assured To Hit ATH This Month

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Highlights

    Some altcoins possess immense potential to hit the highs slicing through the current all-time high

    With the tokens gearing with a huge margin, the altseason 2021 could rally the price to new highs

The past week witnessed some emerging altcoins that smashed their respective ATH in a very short time frame. Moreover, the lessen pace of the Bitcoin price rally has also fueled the other altcoins to grow. Yet the dominant crypto also appears to be poised to smash $50K soon and escort the altcoins towards new highs. 

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The crypto assets like Solana(SOL), Terra(LUNA), Serum(SRM), etc witnessed a giant rally by forming new highs. And hence other such tokens in the space also possess equal momentum to clinch their ATH. 

Binance coin (BNB) 

Binance coin is among the asset with experienced a monster rally in the first half of 2021. It initiated from just $30 and rose massively to hit ATH around $688.Despite the crash, the BNB price stood strong above $200. Yet the price is very close to its highs and the successful surge above $526 could clear the path towards the $600+ zone. 

Polkadot (DOT)

Polkadot price initiated the trade with just $2 and rose as high as $50 in the short time frame. The asset withstood multiple plunges which feared to drop below $10, yet rebounded like a giant to trade close to $30.Yet many believe with the launch of the Polkadot Parachains the DOT price will not only attain the highs but also could hit a 3-digit figure. 

Enjin Coin (ENJ)

Enjin Coin has a great potential to rally towards the initial target at $5 and later could also attain a 2-digit figure with an extended bull run. Currently, the ENJ price is around $1.7 after going through multiple pumps and dumps. Despite the price is a little distinct from its highs yet a massive bull run could be very fast approaching. 

Algorand (ALGO) 

Algorand price could not reach its highs amid the 2021 bull rally, the asset could be a better choice for investment. As the geared uptrend could however clinch the upper levels in order to form new highs above $3.28. The current surge from the levels around $0.6 to $1.16 within a month could state the tendency of the asset to raise high. 

The Graph (GRT)

The Graph price is current nearly 65% away from its all-time high at $2.88. Despite a massive setback below $0.5, the token regains its position above $1. The price is currently going parabolic in order to smash the upper resistance at $1.2. Once the rally gears up the ATH could be on the cards. 

Altcoin season 2021 could be fully loaded with a wider range of coins heading towards their highs in the coming days. Also, the Bitcoin price could also pump hard above $50,000 while many altcoins could follow the trend. Even the second largest crypto Ethereum price also has a greener weekend that could minimize the gap between the current price and the ATH. 

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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