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Jakarta, Pintu News – Crypto markets continuing to recover from this weekend’s losses have seen several altcoins not only avoid further declines but instead spark rallies. BeInCrypto has analyzed three altcoins that hit new record highs today and delved into their future prospects.
Pi Network (PI) experienced a 19% price surge in the past 24 hours, reaching a new record high of $1.98 during the intra-day rally. Although the price has dropped slightly to $1.90, this shows the volatility of Pi amid market fluctuations and investor interest. Strong support from investors has been seen, mainly due to the controversial mining method used by Pi Network (PI).
If this attention continues, Pi Network (PI) could see an upward price trend, potentially pushing it past the $2.00 mark and creating a new record high. However, if Pi Network (PI) fails to maintain support at $1.59, further declines could occur. A drop below this support level could drop the price to $1.43, with a critical support point at $1.19. Missing this level would derail the bullish outlook and extend the downtrend.
Also Read: Bybit Recovers $600 Million Ethereum (ETH) After $1.5 Billion Crypto Robbery
Kaito (KAITO) surged 28%, reaching $2.12 and briefly hitting a new record high of $2.17 during the intra-day rise. This significant increase highlights strong investor interest and the potential for continued growth. The performance of this altcoin remains promising, suggesting an upward trajectory if the bullish momentum continues. Following last week’s launch, Kaito (KAITO) has caught the attention of investors, with growing optimism surrounding the token.
If the current bullish sentiment continues, Kaito (KAITO) could rise towards $2.50 in the coming days, further strengthening its position in the market. However, if Kaito (KAITO) fails to break above $2.17, it could decline. Failure to break this resistance could cause the altcoin to fall back to $1.86 or even lower, to $1.71. Such a drop would derail the current bullish outlook and erase the recent gains.
Staika (STIK) also recorded an impressive move, reaching a new record high of $5.41. Despite more bearish market conditions, the crypto token managed to hold above $5.05, preventing further declines. This resilience shows strong investor confidence in its potential for further growth. This marks the second ATH in just seven days for STIK, indicating a potential breakout.
If this altcoin continues to maintain its upward momentum, it could soon surpass $5.60, setting a new resistance level. However, if STIK fails to break the $5.41 resistance, it may experience consolidation within the $5.41 to $5.05 range. Failure to defend the $5.05 support level will derail the bullish outlook, potentially lowering the price to $4.58. Market sentiment will be crucial in determining the next move.
These three altcoins show significant potential in the ever-growing crypto market. With strong investor support and growing momentum, Pi Network (PI), Kaito (KAITO), and Staika (STIK) all have the opportunity to reach new heights. However, like all investments, risks remain, and it is important for investors to do their research before getting involved.
Also Read: Uniswap Successful, SEC Case Terminated: Will UNI Surge? (2/27/25)
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
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