Sui (SUI), MANTRA (OM), and Bitget Token (BGB) Record New All-Time Highs

With Bitcoin reclaiming the $100,000 price as support, the crypto market seemed primed to continue its uptrend.

BeInCrypto has analyzed three crypto tokens that hit new all-time highs in the last 24 hours.

Sui (SUI) price surged by 29% to hit a new all-time high of $4.91 during today’s intra-day session. This move comes as SUI price continues to perform well in the current bullish market environment.

SUI price has established solid support at $4.37, which should help the altcoin retain its value even if a correction occurs. Holding above this support would allow SUI to regroup and potentially form new ATHs.

A failure for SUI to maintain the $4.37 support would likely see the altcoin drop to $3.94. If SUI fails to hold at this level, the price could decrease further, with lower support levels situated at $3.20. Such a scenario would invalidate the current bullish outlook for the altcoin.

BeInCrypto also noted that MANTRA (OM) price has been stuck in a sideways trend for more than three weeks, following a massive 64% price surge in a single day.

The altcoin’s price action has lacked clear direction, as traders appear cautious amid the broader market uncertainty. A break from this consolidation is expected soon.

Over the last 24 hours, the crypto token formed a new all-time high (ATH) at $4.63 before pulling back to $4.18. This recent fluctuation signals a shift in momentum, though the pullback suggests that some profit-taking is occurring. The altcoin remains volatile, with future price action dependent on market sentiment.

Finally, Bitget Token (BGB) price hit a new all-time high of $3.38 after increasing by 22% over the last 24 hours. This latest peak marks a continuation of BGB's impressive rally, which began earlier this month.

The altcoin has been setting new all-time highs on a daily basis, with strong demand and investor interest contributing to this sustained upward movement. As BGB price continues to reach new highs, the altcoin is also setting its sights on lower support levels.

While the ATH streak is expected to continue, there is a risk that BGB could experience a pullback if the broader market cools down. Market fluctuations could potentially slow its upward momentum, especially if investor sentiment shifts or profit-taking becomes more widespread in the coming days.

A correction could send BGB's price back to the $2.49 level, which is expected to act as key support. If the altcoin manages to hold above this level, it could regain upward momentum. However, if BGB fails to sustain this support, the price could drop to $1.79, which would potentially invalidate the current bullish outlook.