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Jakarta, Pintu News – The crypto market seems to be on track to restart a bullish trend. Since the beginning of this month, altcoins have wowed investors with their continued rally, bringing many of them close to their peak levels.
Here is an analysis of three altcoins; BNB, ETH, and SPX which are currently close to touching their all-time record highs, based on data from BeInCrypto.
BNB (BNB) is currently the closest altcoin to its All-Time High, only 4.7% away from the ATH at $861. At $822, BNB is in a position to potentially breakout.
Read also: After Surpassing Nike’s Market Cap, Is Binance Coin (BNB) Now Targeting $1,200?
Its proximity to ATH indicates strong market sentiment. The previous ATH was reached about three weeks ago, and with broader market support, BNB could potentially maintain its bullish momentum.

If market conditions remain favorable, BNB could reach $861 and even break through, surpassing its previous record high this week. However, if the overall market fails to sustain the rally, BNB may struggle to break the $823 level.
In that scenario, the price could drop to $793 or even lower to $766. Market conditions will be the key factor determining the direction of this altcoin’s price movement.
SPX6900 (SPX) is currently trading at $1.96, approaching the $2.00 resistance level after more than two weeks of consolidation.
Breaking this level successfully is crucial for SPX to aim for an All-Time High of $2.29. The next few days will be decisive for the direction of the price movement to the upside.

The Parabolic SAR below the candlestick serves as support, signaling an active uptrend. With this indicator, the altcoin has the potential to rise until it reaches or even surpasses ATH.
The sustained upward movement, supported by the Parabolic SAR, reflects strong bullish momentum for the SPX in the short term.
However, if the SPX fails to break the $2.00 resistance, the price could experience downward pressure. In that scenario, the price could potentially return to $1.74, which could weaken the bullish outlook.
Ethereum (ETH) is approaching an important milestone in August, with a price of $4,303 – its highest level in 3.5 years. The altcoin broke through the $4,000 barrier at the end of last week and is now aiming for the next target of $4,891.
Read also: Ethereum Price Hovers Around $4,200 on August 8 — Could ETH Be Heading for New Highs?
This strong upward momentum suggests that Ethereum has the potential to make history if its growth can sustain.
At $4,303, Ethereum is only 13.5% away from its all-time record high (ATH) of $4,891. To reach that ATH, ETH must first secure the $4,500 level as solid support.

A successful consolidation above this level could pave the way for ETH to continue its rise towards ATH.
However, if investor sentiment changes and selling pressure increases, Ethereum could struggle to maintain its position above $4,000. A drop below this level would invalidate the bullish outlook, potentially reversing recent gains and pushing ETH prices lower.
That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.
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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. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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