Telegram ID: @Vipkhoone_manager

4 Altcoins That Could Hit New All-Time Highs in September 2024

Crypto Leak 140 Best Vip channels of the world

4 Altcoins That Could Hit New All-Time Highs in September 2024

pwc

In Brief

  • Kaspa, Binance Coin, Brett, and Mantra show potential for new ATHs in September, driven by bullish technical patterns.
  • KAS could hit $0.21, BNB might reach $750, Brett could surge to $0.20, and Mantra may break $1.42 if key levels hold.
  • Each coin’s success depends on market momentum and breaking through crucial resistance points in the coming month.

Many altcoins have struggled to maintain a bullish outlook for much of this cycle, resulting in only a few reaching new all-time highs (ATH).

However, as the third quarter of the year enters its final month, some altcoins are beginning to show signs of potentially surpassing their previous peaks. This analysis highlights the top four altcoins with the potential to achieve new ATHs and the reasoning behind this optimistic outlook.

Kaspa (KAS)

Kaspa (KAS), a cryptocurrency operating on the Proof-of-Work (PoW) consensus mechanism like Bitcoin (BTC), leads the list of altcoins with potential for new all-time highs. Currently trading at $0.16, KAS has been setting new ATHs since June, up until August 1.

Looking ahead to September, BeInCrypto anticipates that KAS will maintain its upward momentum, potentially surpassing $0.20. On the daily chart, KAS has been oscillating between $0.15 and $0.17 for the past 22 days, indicating that the $0.15 level has become a crucial support point for the cryptocurrency.

Additionally, the Money Flow Index (MFI) for KAS is currently at 24.38, indicating an oversold condition. The MFI measures the flow of liquidity in and out of an asset and helps determine whether a cryptocurrency is overbought or oversold. A reading of 80.00 or above suggests an overbought condition, while a reading of 20.00 or below indicates an oversold state, potentially signaling a buying opportunity.

Kaspa Daily Analysis.
Kaspa Daily Analysis. Source: TradingView

KAS is approaching the oversold level, which suggests that a significant bounce could be on the horizon. Historical data shows that whenever KAS reaches an MFI reading similar to the current level, it often climbs to a new all-time high (ATH).

If this pattern holds, KAS could potentially reach $0.21 or higher in September. However, this prediction could be invalidated if the broader crypto market experiences another downturn, in which case KAS might drop to $0.14.

 

 

 

 

 

 

Get to know Godleak

Godleak crypto signal is a  service which provide profitable crypto and forex signals for trading. Godleak tried to provide you signals of best crypto vip channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Crypto leak

Godleak crypto leak service have multiple advantages in comparision with other services:

  •  Providing signal of +160 best crypto vip channels in the world
  • Using high tech bot to forward signals
  • Without even a second of delay
  • Joining in +160 separated channels on telegram
  • 1 month, 3 months , 6 months and yearly plans
  • Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features

 

Join for Free

☟☟☟☟☟

https://t.me/Godleakbot

Also you can check the list of available vip signal channels in the bot. by pressing Channels button.

 

&nbsp

 

  

Binance Coin (BNB)

Ranked as the 4th most valuable cryptocurrency, Binance Coin (BNB) was the first major altcoin from the 2021 bull market to reach a new all-time high in June. In September, BNB could rally to another high, driven by the potential release of former Binance CEO Changpeng Zhao (CZ) from prison.

Currently priced at $540.26, BNB is 24.95% below its all-time high. On the weekly chart, BNB has formed a symmetrical triangle, a pattern that emerges when two trendlines — one sloping downward and the other upward — converge at a point.

 

Binance Coin Weekly Analysis.
Binance Coin Weekly Analysis. Source: TradingView

When the price of a cryptocurrency trades above its 50-day Exponential Moving Average (EMA), the trend is bullish; if it trades below, the trend is bearish. Despite BNB’s recent decline, it currently trades above the 50 EMA (blue), which could support the possibility of a new all-time high (ATH).

If buying pressure for BNB increases in September, it might once again outperform other top 10 altcoins and potentially reach a new ATH, possibly around $750. However, this outcome could be jeopardized if CZ’s release is delayed or if market interest in BNB wanes.

Brett (BRETT)

Regarded as “PEPE’s best friend” but built on the Base Layer-2 network, BRETT is part of the altcoins that could hit a new ATH in September. The meme coin currently trades at $0.081 and hit its ATH of $0.19 in June.

On the 4-hour chart, BRETT has formed an ascending triangle, a technical pattern that tends to be bullish. An ascending triangle arises from the convergence of a horizontal trendline and a rising one drawn along swing lows and highs.

As prices fluctuate along these highs and lows, cryptocurrencies often encounter resistance, as BRETT did with its drop from $0.10 to $0.081. However, this reversal might be temporary, suggesting that a significant rally could be imminent, potentially pushing the token toward $0.20.

Brett 4-Hour Analysis.
Brett 4-Hour Analysis. Source: TradingView

However, if BRETT does not experience significant accumulation in September, this bullish forecast could be nullified. In that scenario, the price might drop to $0.079.

Mantra (OM)

Mantra’s (OM) position as one of the top Real World Assets (RWA) altcoins is a key reason it makes this list. OM’s all-time high of $1.42 happened on July 22, but it has since dropped 37% from that height.

From a technical standpoint, OM has formed a falling wedge pattern on the daily chart. This pattern is characterized by two descending trendlines that connect the asset’s highs and lows. Typically, traders consider a falling wedge bullish because the narrowing lines suggest that sellers might be losing momentum.

If buyers take advantage of this potential seller exhaustion, a significant rally could ensue. For OM, a breakthrough of the 38.2% Fibonacci level could signal the start of a surge toward a new all-time high. Still, the 61.8% golden ratio at $1.15 might pose resistance to the price.

 

Mantra Daily Analysis.
Mantra Daily Analysis. Source: TradingView

If OM breaks past the $1.15 resistance level, its price could potentially surpass $1.42 in September, making it one of the altcoins to hit a new all-time high (ATH). However, the bullish scenario could be invalidated if the token drops below the falling wedge’s lowest point again. If that occurs, the price might tumble to $0.62.

Tags: , ,

Leave a Reply

Your email address will not be published. Required fields are marked *