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The lack of strong bullish cues this past week has kept altcoins from reaching their all-time highs. However, the previous weekend pulled BTC back above $110,000, reviving hopes of a positive week ahead.
Thus, BeInCrypto has analysed three such altcoins that could be looking at new all-time highs as October begins.
$BNB
$BNB price is trading at $1,010, only 7.2% away from its all-time high of $1,083. The altcoin recently reclaimed the $1,000 mark after slipping below it last week, marking an important psychological level that investors are now closely watching for sustained bullish strength.
The main challenge for $BNB is maintaining momentum above $1,000, which requires consistent investor support. Encouragingly, the 50-day EMA sitting below the candlesticks signals that a strong upward move could be ahead. This setup suggests that $BNB could retest the ATH and potentially extend the price to $1,100 to form new highs.
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$BNB Price Analysis. ">
However, if $BNB fails to defend the $1,000 support, risks of a deeper correction will emerge. A slip below $955 would likely trigger bearish sentiment, pushing the altcoin further down to $902. Such a decline would invalidate the bullish thesis.
Mantle ($MNT)
$MNT price is trading at $1.74, slightly above the $1.71 support level. This threshold has acted as resistance for more than two weeks. This confirms its support as critical for $MNT’s next breakout and potential rally toward higher levels in the short term.
If $MNT secures $1.71 as support, the altcoin could bounce and head toward its all-time high of $1.91. Achieving this milestone would require a rally of over 9.4%, which seems possible given the current market sentiment and technical strength that support $MNT’s price structure.
$MNT Price Analysis">
However, if $MNT falls back below $1.71, the token may continue consolidating above $1.59. Losing this critical support would signal weakness, potentially invalidating the bullish thesis. A breakdown under $1.59 would expose $MNT to deeper losses.
$MYX Finance ($MYX)
$MYX appears ready to aim for a new high, sitting 24.8% away from its next resistance. The altcoin has secured $14.41 as a strong support level, giving investors confidence that upward momentum could continue if broader market conditions align with bullish sentiment.
A further rally will depend on both market support and investor activity. If momentum builds, $MYX could retest its $19.98 all-time high and surpass it. Breaking past this critical resistance level would open the door for a move toward $22.00, signaling stronger upside potential in the near term.
$MYX Price Analysis">
However, if $MYX fails to maintain $14.41 as support, the bullish outlook could quickly collapse. The altcoin risks falling back toward $10.54, which would mark a significant retracement. Losing this support level would invalidate the bullish thesis.
The post 3 Altcoins That Could Hit All-Time Highs In The First Week Of October appeared first on BeInCrypto.