Top Altcoins That Can Hit An ATH This Week?

Story Highlights

• The Solana price hits a new high of $263.84 on 23rd November.
• The Stellar price soared over 453% this month alone.
• The Pepe memecoin records a 13x rally this year.

As Bitcoin price hovers above the $98,000 mark, top cryptocurrencies maintain their bullish sentiment. Moreover, the Altcoin season index has increased to 44 from 17 during the past week, indicating a potential investor interest switch toward the AltSeason.

With the rising volatility, will the altcoin market experience more tokens achieving a new ATH this week? In this article, we have covered the top 3 altcoins that have the potential to hit a new all-time high during the upcoming time.

Solana (SOL)

Despite recording a drop of 3.47% in 24 hours and a trading volume of $5.32 billion, the SOL price has surged 4.49% over the last seven days and 52.13% during the last 30 days. With a market cap of $118.32 billion, it is on the verge of claiming the 3rd position.

The Moving Average Convergence Divergence (MACD) shows a constant green histogram with its averages recording a similar price action. Moreover, the SMA indicator constantly supports the price chart in the daily time frame, suggesting a bullish outlook in the upcoming time.

Maintaining the price above the $250 level could set the stage for this altcoin to head toward its upper price target of $300 this year. On the flip side, a bearish reversal could pull the price toward its support trendline of $200.

Also, read Solana Price Prediction!

Stellar (XLM)

The XLM price has soared ~135% over the last seven days. Moreover, it has added 449.56% during the past month and has a Year-to-Date (YTD) return of 297.23%.

The Relative Strength Index (RSI) continues hovering above the overbought range with its average trendline recording a steady rise. Moreover, the EMA 50/200-day has experienced a Golden Cross in the Stellar price chart, indicating that this altcoin will continue gaining momentum.

If the bullish sentiment sustains, the XLM price will breach its resistance level of $0.60 and head toward its upper high of $0.70. Conversely, if a trend reversal occurs, this could pull the Steller price toward its lower support level of $0.40.

Pepe (PEPE)

The PEPE meme coin is currently trading at a discount of ~22% from its previous ATH. Notably, this crypto token has surged 122.89% over the last 30 days and has a yearly return of 1,433.35%. This makes it one of the best-performing memecoin of this year.

The Simple Moving Average (SMA) is on the verge of testing the Pepe price chart in the 1D time frame. Moreover, the MACD indicator is recording a similar price trend, highlighting increased buying-and-selling pressure for the altcoin in the upcoming time.

If the bull regains momentum, the Pepe memecoin will surpass its ATH and head toward its upper target price of $0.000030. On the contrary, if the bears outrun the bulls, this could result in the PEPE price retesting its support level of $0.0000180.

Also, read Pepe Price Prediction!

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