The crypto market recorded a strong bullish recovery this week, with top altcoins making a notable comeback. Amid these market trends, investors expect to witness multiple tokens achieving new ATHs soon.
Are you planning to invest in altcoins this week given the current market sentiment? Read our article to explore the top altcoins that are likely to hit new highs this week.
Solana (SOL)
Despite recording a decline of 3.25% in the past 7 days, SOL price has risen 39.38% in 30 days with a year-to-date (YTD) return of +35.54%. Moreover, it has a market capitalization of $124.81 billion, securing the 05th position in the global cryptocurrency market.
TradingView: SOL/USDT
Simple Moving Average (SMA) always supports Solana price chart on 1D time frame. However, the RSI indicator records mixed price sentiment. This suggests that uncertainty is increasing for this week’s #05 ranked cryptocurrency.
If the bulls regain momentum, SOL Coin price will break through the $270 resistance and head toward the $300 upper limit. On the other hand, if the bears outperform the bulls, Solana price could fall towards the lows of $230.
Want to know the long-term price outlook for SOL token? Read our Solana price prediction!
Biget Token (BGB)
BGB price has attracted a lot of attention from the cryptocurrency industry over the past 60 days due to its impressive price movement. Remarkably, the altcoin has formed an expanding channel pattern and continues to trade within it beyond December 2024.
TradingView: BGB/USDT
The moving average convergence divergence (MACD) records a constant decrease in the red histogram. Moreover, its average is on the verge of a bullish convergence, suggesting increasing buying and selling pressure on the altcoin.
If the upward trajectory continues, BGB price could push towards the $10 ceiling in the near future. However, if the bears outperform the bulls, Biget Token will break through the support level of $7 and fall towards the lows of $5.50.
Are you planning to invest in exchange tokens? Read Bitget Token Price Prediction 2025, 2026-2030!
Gate token (GT)
Gate token price has maintained its bullish price action, increasing by 24.66% in the past 7 days and 62.71% in the last month. Furthermore, its market capitalization of $2.251 billion has soared more than 52% this year, highlighting the growing bullish movement.
TradingView: GT/USDT
The Relative Strength Index (RSI) continues to hover above the overbought range on the daily time frame. On the other hand, the SMA indicator always acts as support. This suggests that the outlook for this exchange token this week is positive.
If the bulls maintain their dominance in the market, it could push GT price towards the $30 target price. Conversely, a bearish trend reversal could pull the price towards the lower support level of $22 going forward.
Wondering if the ETH token price will reach a new ATH this year? Read our Ethereum price prediction!
FAQ
Will Solana make it to $1000?
SOL coin price can achieve this milestone by registering a 295.25% surge in current market valuation.
How much does Solana cost now?
At the time of writing, one SOL cryptocurrency was worth $253.
What is the price of Bitget tokens?
With a 24-hour trading volume of $481.23 million, BGB token is trading at $7.440.
What is the all-time high of Gate Token?
The ATH of GT crypto token is $25.95, which was achieved on January 25, 2025.
