The crypto market is starting to show signs of improvement, propelled by the US government shutdown seemingly coming to an end after 40 days. This has caused many altcoins to rise sharply.
BeInCrypto analyzed three altcoins that could reach new all-time highs if the bullish momentum continues.
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Ribbita By Virtuals (TIBBIR)
TIBBIR price has increased by 21.5% in the past 24 hours and reached $0.365 at the time of writing. The altcoin is currently just 23% off its all-time high (ATH) of $0.449, signaling renewed investor confidence and strong bullish interest across the broader crypto market.
The ATH was recorded in late October before TIBBIR corrected, but the token now appears poised for further upside. If the price holds $0.317 as a major support floor and breaks out of the $0.400 resistance, it could regain its previous highs. The RSI remains in positive territory, indicating strong bullish momentum favoring further upside.
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However, potential risks remain if investor sentiment weakens. Profit taking or a broader market correction could push TIBBIR below the $0.317 support level. Losing this foothold could result in a fall towards $0.268 and even $0.231. That would invalidate the bullish theory and delay any chance of a retest of all-time highs.
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Monero (XMR)
XMR continues to attract investor attention due to growing interest in privacy-focused cryptocurrencies. The altcoin has surged 24% since the beginning of the month and is currently trading at $416.
Just below the $418 resistance level, XMR is about 24.6% away from its all-time high of $518 reached in May 2021. The parabolic SAR indicator reflects an aggressive uptrend and suggests that prices could move higher if momentum continues. XMR could retest its all-time highs if the $460 level is supported.
However, a correction is still possible if investors start selling to lock in short-term profits. If selling pressure increases, the XMR price could fall towards $364 or even to $322. Such a decline would invalidate the bullish outlook.
Railgun (RAIL)
RAIL price is trading at $4.75, just below resistance at $5.14, after rising 51% over the past five days. The sharp rise in altcoins reflects renewed investor interest and increased market activity, suggesting that the bullish trend remains strong.
RAIL is currently 49% below its all-time high (ATH) of $7.10, set about a month ago. Given the 51% weekly rally, if the token manages to break through the $5.14 resistance level, it could soon retest the ATH. Continued buying momentum could push RAIL toward new highs, reinforcing bullish confidence.
However, if RAIL price is unable to overcome the $5.14 resistance level it has been struggling with, there is a risk of a downward correction. If rejected, the altcoin could fall towards the $4.02 support or even drop to $3.12, completely invalidating the current bullish outlook.
