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3 Altcoins That Reached All-Time Highs Today — January 6

3 Altcoins That Reached All-Time Highs Today — January 6

BeInCryptoBeInCrypto2025/01/06 03:00
By:Aaryamann Shrivastava

January 6 saw these three crypto tokens reach new all-time highs. Will they sustain their gains or face corrections ahead?

The crypto market is gradually recovering recent losses, showing steady, incremental growth. However, a few altcoins have outpaced this slow rise, reaching new all-time highs.  

BeInCrypto has identified and analyzed three standout crypto tokens that have successfully charted a fresh all-time high (ATH), maintaining strong bullish momentum and capturing investor interest.

WhiteBIT Coin (WBT)

WBT price climbed by 4.6% in the last 24 hours, reaching a new all-time high of $26.0 during intra-day trading today. This growth highlights renewed investor interest and a strong bullish trend for the altcoin.

The crypto asset successfully broke out of its month-long consolidation range between $24.2 and $25.1. Holding above $25.1 is crucial for sustaining momentum, as it amplifies investor confidence and keeps the uptrend intact.

3 Altcoins That Reached All-Time Highs Today — January 6 image 0WBT Price Analysis. Source:  TradingView

However, losing the $25.1 support level could push WBT down to $24.1, placing it back into consolidation. This would dampen the bullish outlook and delay the possibility of further growth.

Gate (GT)

GT reached a new all-time high of $18.47 today, recording a 13% growth over the past week. This rally was fueled by a bounce off the critical support level of $16.00, showcasing strong investor confidence and bullish momentum.

Maintaining its position above $16.00 will be crucial for GT to sustain its upward trajectory. Even if investor selling triggers a minor price correction, holding this support level will keep the altcoin on track for recovery and potential further gains.

3 Altcoins That Reached All-Time Highs Today — January 6 image 1 GT Price Analysis. Source:  TradingView

However, a drop below the $16.00 support could lead to a significant decline. Such a move would push GT down to $13.45, erasing recent gains and invalidating the bullish outlook completely.

SPX6900 (SPX)

SPX achieved a new all-time high of $1.56 today, marking a significant milestone. However, it slid slightly to trade at $1.50 following an impressive 16% rise over the past 24 hours, showcasing strong momentum in the altcoin’s price action.

The altcoin has been supported by a critical level at $1.23, which is likely to provide a cushion against potential profit-taking. This level’s resilience could help SPX maintain its bullish trajectory and encourage further growth in the coming days.

3 Altcoins That Reached All-Time Highs Today — January 6 image 2SPX Price Analysis. Source:  TradingView

However, a drop below the $1.23 support could result in significant losses for investors. Such a decline might push SPX down to test the $0.91 level, effectively invalidating the bullish thesis and erasing recent gains.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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