3 Altcoins Poised to Chase New All Time Highs This Weekend
Three altcoins are showing signs of life as they sit within reaching distance of their record price levels.
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LEO/USD live chart
LIVEThree major cryptocurrencies are grabbing attention as they hover near their all time highs this weekend. UNUS SED LEO, WhiteBIT Coin, and Rain are all showing specific chart patterns that suggest significant movement could happen before the week begins. Each token faces different technical hurdles that traders are monitoring closely.
LEO currently looks the most promising for a quick run. It sits just 6.5% away from its peak of $10.39. It is currently pressing against the upper edge of a long term price channel. If it manages to break through, analysts look toward $10.73 as a potential target. Support levels are currently holding firm at $9.50 and $8.90.
WhiteBIT Coin faces a tougher climb as it battles resistance at the $58 mark. This level has stopped previous recovery attempts for several weeks. Traders are waiting to see if it can flip that resistance into support, which would pave the way to challenge its December high of $64.43. Downside risk remains at $53.31 if the current momentum fades.
Rain carries the most risk among the group as it trades roughly 19.7% below its June record. It is currently resting on a critical support zone at $0.0126. A failure to hold this price could lead to a deeper correction toward $0.008. While trading volume is low, any positive movement in prediction markets could serve as a potential catalyst for a rebound.
Prices update live from CoinMarketCap. Market data, not financial advice.
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