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Cryptocurrency News Articles

MANTRA (OM), Non-Playable Coin (NPC), Ponke (PONKE) Reach All-Time Highs as Bitcoin Rally Pauses

Nov 18, 2024 at 06:00 pm

Bitcoin's recent rally, marked by consistent new all-time highs, has paused, but its residual bullish momentum is fueling significant gains in the altcoin

MANTRA (OM), Non-Playable Coin (NPC), Ponke (PONKE) Reach All-Time Highs as Bitcoin Rally Pauses

Bitcoin’s recent rally, which saw the cryptocurrency hit new all-time highs almost every day, has now paused. However, the bullish momentum is still having a residual effect, sparking a surge in the altcoin market. This surge has seen several crypto tokens continue their journey toward fresh ATHs.

BeInCrypto has analyzed three standout crypto tokens that are reaching all-time highs today, led by MANTRA (OM).

MANTRA (OM) price hit an ATH of $4.53 today, surging by 58% over the past 24 hours. Currently trading at $4.06, the altcoin is seeing heightened investor interest as it looks to continue its bullish momentum.

The recent rally highlights the strong demand for OM in the market. The altcoin is now attempting to establish a support floor, which will be crucial for maintaining its uptrend and potentially achieving further all-time highs. Establishing a reliable support level will instill investor confidence, enabling OM to continue its upward trajectory in line with the broader market optimism.

However, if OM holders decide to lock in profits after the substantial rally, the altcoin could face a correction. Such a move might see OM’s price correct down to the $2.45 support level, invalidating the bullish outlook and erasing a significant portion of the recent gains.

Non-Playable Coin (NPC) price is currently surging, hitting an all-time high of $0.067, up by 30% on the day. NPC is seeing strong demand, surging to highs of $0.067 during Monday’s intra-day trading session. The altcoin began its rally last week after securing the $0.038 support level and rebounding from it. This bounce acted as a catalyst for the upward momentum, instilling confidence in the token’s ability to continue its uptrend.

But if the bullish momentum slows and NPC fails to generate new all-time highs, it risks a downward correction. A return to the $0.038 support level could invalidate the bullish outlook and trigger selling pressure, potentially erasing recent gains.

Ponke (PONKE) price is trading at $0.712 after the crypto token hit a new all-time high of $0.757 during Monday’s intra-day trading session. This surge marks a significant increase in investor interest and activity in the altcoin market,ポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジポジ

News source:beincrypto.com

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