The cryptocurrency market has seen a strong bullish recovery this week, with top altcoins making a significant comeback. Investors are anticipating multiple tokens to reach new all-time highs in the near future.
If you’re considering investing in altcoins this week, make sure to check out our article highlighting the top altcoins with the potential for new ATHs.
**Solana (SOL)**
Despite a 3.25% drop in the last seven days, SOL has surged by 39.38% in the past 30 days with a YTD return of +35.54%. With a market capitalization of $124.801 billion, it currently holds the 5th position in the global crypto market.
The Simple Moving Average (SMA) continues to provide support for SOL’s price chart in the 1D time frame. However, the RSI indicator shows mixed price sentiment, indicating some uncertainty for the cryptocurrency this week.
**Bitget Token (BGB)**
BGB has garnered attention in the crypto space over the last 60 days due to its impressive price action. The altcoin has been trading within an expanding channel pattern since December 2024.
The Moving Average Convergence Divergence (MACD) is showing a decline in the red histogram, but its averages are on the brink of a bullish convergence. This suggests an increase in buying pressure for BGB.
**Gate Token (GT)**
GT’s price has been on a bullish trajectory, gaining 24.66% in the last seven days and 62.71% in the past month. With a market cap of $2.251 billion, it has surged over 52% this year, indicating strong bullish action.
The Relative Strength Index (RSI) remains above the overbought range in the daily time frame, while the SMA acts as a consistent support. This indicates a positive outlook for GT this week.
Make sure to read our article for more insights on these altcoins and their potential for new all-time highs.
