The crypto market is aiming for a recovery as Bitcoin regains support at $85,000. This has also pushed altcoins higher, reigniting hopes for a rally and possible all-time highs.
BeInCrypto analyzed three altcoins that are likely to reach new highs in the coming days.
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Undead Game (UDS)
UDS has surged 9% in recent days and is currently trading at $2.33, supported by bullish signals from Ichimoku. This indicator highlights the strengthening momentum that helps memecoin sustain upward pressure as investors look for volatile opportunities in the current market environment.
UDS is currently about 24.3% away from its all-time high of $2.90. Reaching this level requires strong investor participation and favorable market conditions. The altcoin first needs to break out of the $2.48 and $2.59 resistance zones that have historically limited upside moves.
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If momentum wanes and investor support weakens, UDS could face a reversal. A break below the support at $2.29 could push the price towards $2.17 and even $2.12. Such a decline would invalidate the bullish theory and signal a shift to short-term downside risks.
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KITE
KITE is trading at $0.098, about 35% below its all-time high of $0.133. The altcoin has been steadily rising over the past few days, and the bulls are looking to establish $0.099 as a solid support level to sustain the upward momentum.
The RSI is currently above the neutral mark of 50.0, suggesting a bullish outlook. This positioning suggests continued upside potential as long as KITE avoids entering the overbought zone. Momentum stalls in this zone and short-term corrections often appear.
If market support weakens, KITE could struggle to maintain profits. Thereafter, it may fall towards the support at $0.089, and losing that level could push the price to $0.079. Such a decline would invalidate the bullish theory and signal new downside risks.
Wefi (WFI)
WFI is trading at $2.17, just below last week’s all-time high of $2.25. The altcoin remains in a tight range as traders watch for signs of new momentum that could trigger a definitive breakout.
WFI recently bounced off the $2.10 support level and is now less than 3.7% away from retesting the ATH. The parabolic SAR shows a clear upward trend, indicating increasing bullish pressure. If this momentum continues, WFI could reach new highs above $2.25.
If the bullish momentum weakens, WFI could repeat its previous pattern of touching ATH and falling again. If rejected at this level, the price could fall below $2.10 and head towards $2.00 and even $1.92. Such a move would invalidate the bullish theory and expose WFI to a more serious correction.
