
Three crypto tokens hit fresh all-time highs on Thursday, continuing their strong uptrends amid a broader rally in the cryptocurrency market.
Fasttoken (FTN) price reached a new all-time high of $3.66 during intra-day trading on Thursday, before slightly retreating to $3.60. The altcoin has been on a strong uptrend in recent weeks, surging by over 200% from its recent lows.
FTN price is now facing resistance at the $3.70 level, which has been tested multiple times in the past. A sustained breakout above this resistance could lead to further gains for the altcoin, potentially reaching as high as $4.00.
On the downside, support for FTN is seen at the $3.50 level. A drop below this level could signal a potential sell-off by FTN holders, leading to a test of the support at $3.24. If this support fails to hold, the bullish outlook for FTN would be invalidated.
Another crypto token, Gate (GT), also achieved a new all-time high on Thursday, with its price reaching as high as $18.59. The altcoin has been in a strong uptrend for several weeks now, surging by over 500% from its recent lows.
GT price is now facing resistance at the $19.00 level, which could be tested in the coming days. A sustained breakout above this resistance would open up the possibility for the altcoin to reach new all-time highs, potentially targeting the $20.00 level.
If GT experiences a sell-off, its price could drop down to test the support at $17.00. A failure to hold this support would invalidate the bullish outlook for GT, potentially signaling a potential reversal in its uptrend.
Finally, WhiteBIT Token (WBT) price also surged on Thursday, hitting a new all-time high of $27.25. The altcoin has been in a strong uptrend for several weeks now, surging by over 1,000% from its recent lows.
WBT price is now facing resistance at the $27.50 level, which could be tested in the coming days. A sustained breakout above this resistance would open up the possibility for the altcoin to reach even higher levels, potentially targeting the $30.00 level.
If WBT experiences a sell-off, its price could drop down to test the support at $26.00. A failure to hold this support would invalidate the bullish outlook for WBT, potentially signaling a potential sell-off by investors.