These 3 altcoins may reach new ATHs in the near future.

In the past week, the crypto market has continuously faced strong selling pressure. Bitcoin plummeted below the 116,000 USD mark, losing 5.3% of its value in just 7 days, while Ethereum also fell below 4,300 USD, sinking into the red along with a series of other altcoins.

However, amidst that gloomy backdrop, there are still three notable altcoins that quietly go against the general trend. If you are looking for digital coins that are about to enter the "price discovery" (price discovery) phase, then the three names below are definitely worth keeping an eye on.

Epic Chain (EPIC)

EPIC is the flagship token of Epic Chain – a project backed by Ripple, focusing on the development of tokenization of real-world assets (RWA). In a short period, EPIC has risen to become one of the most prominent names in the RWA ecosystem, while also attracting strong attention from institutional investors. In the past 90 days, the influx of capital into EPIC has continuously increased, demonstrating the growing confidence in the long-term potential of this coin.

The most notable highlight comes from on-chain data. The EPIC ratio held by "Smart Money" has increased to 53.47% in the last 3 months, reflecting a strong accumulation trend from whales and insiders. Alongside this, the amount of tokens on exchanges has decreased by 15.17%, a typical signal indicating that the circulating supply ready to be sold is becoming increasingly scarce – often a precursor to a supply shock. The trend of withdrawing tokens to cold wallets shows that the majority of investors are preparing for a long-term strategy. Notably, the top 100 largest addresses have increased their holdings by over 12 million EPIC, further reinforcing confidence in the growth outlook.

EPIC/USDT daily chart | Source: TradingViewIn terms of technical analysis, EPIC is showing exceptional strength. In just one week, the price has increased nearly 36%, clearly breaking above the resistance level of 2.53 USD and currently fluctuating around 2.92 USD – just under 4% away from the historical peak of 3.02 USD. The next important level is at 3.03 USD (according to the Fibonacci target). If the price closes above this range, EPIC could enter a "price discovery" phase, stepping into uncharted price territory and becoming one of the leading altcoins to kickstart the new cycle's bullish wave.

However, the risk of a correction still exists. If the price drops sharply below 2.53 USD, the bullish structure may temporarily shift to sideways. Although this scenario does not negate the positive trend, it will slow down the ambition to conquer new heights of EPIC.

Saros (SAROS)

Saros is positioned as a "super app" on Solana, where DeFi, payments, and NFTs are integrated within the same platform, providing users with a smooth and seamless Web3 experience.

Source: NansenIn the past week, whales have quietly added 0.29% SAROS to their wallets – a small number but with significant meaning. More notably, the circulating supply of SAROS on exchanges has decreased by 58.33%, reflecting a large-scale token withdrawal wave for a project that is still quite niche.

This trend indicates that a long-term holding pattern is gradually forming, while also implying preparation for the use of tokens within the ecosystem. In the crypto market, this is often a signal paving the way for strong breakthroughs.

Currently, SAROS is trading around 0.39 USD, only about 5% away from its historical peak of 0.41 USD. On the daily chart, the price is accumulating just below the resistance zone of 0.39 USD. If it successfully breaks through the 0.40 USD mark and especially 0.41 USD, SAROS will officially enter a new price discovery phase.

Daily SAROS/USDT chart | Source: TradingViewConversely, in the scenario where the price plummets below 0.37 USD, the short-term growth structure will be broken, creating selling pressure for this token.

BNB (BNB)

BNB – the native token of the BNB Chain ecosystem – continues to assert its superior position compared to most of the crypto market. Currently, the price of BNB is only about 4% away from its historical peak, demonstrating impressive strength amidst the general correction.

Notably, despite being part of the large-cap asset group, BNB still increased by nearly 3% in the past week, while giants like Bitcoin and Ethereum turned around and dropped sharply. Previously, the strong uptrend had brought BNB close to the 866 USD mark but it could not break through, forming a "lower high" pattern. If it surpasses this milestone, BNB will officially enter the price discovery phase, with the next target around 882 USD.

3-altcoin-dat-athDaily BNB/USDT chart | Source: TradingViewCurrently, BNB is fluctuating around 834 USD, down 3.4% in the last 24 hours. The 812 USD level is considered an important support. If this level is breached, the ambition to reach a new peak will face many obstacles.

Regarding cash flow, the Chaikin Money Flow indicator (CMF) is maintaining around the level of 0.01, reflecting that buying pressure is still present, although not truly strong. This is not yet a signal confirming a large accumulation phase, but it also indicates that the plummet pressure is not significant. If CMF breaks above 0.02, it will further reinforce the belief that capital is flowing into BNB more strongly.

SN_Nour

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)