The crypto market had a bullish week for altcoins, with many tokens inching closer to their all-time highs. Amongst them is the altcoin leader Ethereum (ETH), which is sitting 14% from its ATH.
BeInCrypto has analysed two other altcoins that could form new all-time highs this week, if the market supports them.
BNB
BNB price is trading at $878, just under the crucial resistance of $880. The altcoin is showing signs of strength and could soon breach this barrier, with momentum potentially pushing it closer toward its all-time high (ATH) of $900.
At only 2.6% away from the $900 milestone, BNB appears well-positioned for further gains. Strong inflows support this outlook, with the Chaikin Money Flow (CMF) indicator holding above the zero line.
The uptick reflects rising investor confidence, reinforcing bullish momentum for the altcoin.
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However, risks remain if market sentiment shifts from neutral-bullish to bearish. In such a scenario, BNB could struggle to cross $880 and instead retreat. A failure to hold momentum may send the price back toward $855 or even lower levels.
BUILDon (B)
B price is trading at $0.614, holding steady after showing resilience over the past few days. The altcoin remains about 20% away from reclaiming its all-time high (ATH) of $0.740, a key level that could determine its next major move.
The Parabolic SAR suggests BUILDon is in an active uptrend, increasing the probability of further gains. If the altcoin secures $0.646 as a support floor, it could climb to $0.695 and eventually break past $0.740, setting a new bullish milestone for investors.
However, downside risks remain if investors begin taking profits. In such a case, BUILDon could lose momentum and slip toward $0.574. A failure to hold this support may drive the price lower, with the possibility of retesting $0.514 as the next critical zone.
Ethereum (ETH)
Ethereum’s price is currently at $4,315, showing limited movement after days of stagnation. The altcoin king continues to hover around the $4,331 support level, attempting to secure it as a foundation for a potential upward breakout in the near term.
The Chaikin Money Flow (CMF) indicates rising inflows, a positive signal for Ethereum’s momentum. If the indicator crosses above the zero line, it will confirm stronger inflows. This could push ETH past $4,331 and toward $4,500, reducing the gap to its $4,956 all-time high.
However, risks remain if investor sentiment weakens. Should selling pressure increase, Ethereum could struggle to maintain upward momentum.
In this scenario, ETH might either consolidate sideways above $4,222 or fall through it, retesting $4,007 as support and invalidating the bullish thesis for the short term.
The post 3 Altcoins That Could Hit All-Time Highs In The Second Week Of September appeared first on BeInCrypto.
