Along With Bitcoin, These Cryptos Which are Poised to Mark New Highs This Month—Do You Own Some?

Ever since Bitcoin & Crypto proponent Donald Trump became the new president-elect of the United States, the bulls have jumped in action. Some tokens have ranged above the bearish influence, while others are poised to form new highs in a short while. Along with Bitcoin, here are some of the cryptos which are believed to form a new ATH before the end of the month 

Bitcoin (BTC) 

• Bitcoin formed a new ATH at $76,460 a few moments ago and, despite minor bearish activity, continues to trade within the bullish range

• The price completed the cup and handle pattern and is trying hard to surpass the neckline of the pattern

• Besides, the RSI is yet to reach the neckline of the parabolic recovery, indicating the price may continue to maintain an ascending trend 

• Therefore, the BTC price appears to be poised to remain within the discovery phase and mark new highs above $82,000 in November

BinanceCoin (BNB) 

• The BinanceCoin price is ranging high silently without making noise, indicating the preparedness of the bulls to push the prices higher

• After forming new highs at $721.80, the BNB price continues to trade within a tight range, suggesting the bulls preparing for a breakout

• Besides, the MACD is trying to undergo a bullish crossover, which may validate the start of a fresh bullish trend

• Therefore, the BNB price is believed to consolidated within the triangle for a while and later broke to mark the next peak, forming a four-digit figure

Solana (SOL)

• The Solana price has surged above the 7-month-long consolidation within a descending parallel channel

• Besides, it has also raised above the cup and handle pattern, which suggests a fresh bullish action could be fast approaching 

• The RSI has rebounded from the lows and maintaining a parabolic recovery to reach the upper threshold

• Hence, the Solana price is poised to maintain a healthy ascending trend and reach highs above $260 in a short while 

Sui (SUI) 

• Previously, when the SUI price marked a new ATH, it fell 10% short as the bears restricted the rally at $2.35 and now at $2.38

• The trade setup suggests the token is stuck within a bullish range, suggesting the price may maintain a healthy ascending trend 

• Meanwhile, the on-balance volume has spiked to the upper threshold, indicating the bullish trend to remain intact

• Hence, the SUI price is expected to maintain an ascending trend and form a new high above $2.5 before the end of the month