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Explosion of 3 Cryptocurrencies peaked on November 14

November 14, 2024
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The cryptocurrency market once again entered a bullish phase as Bitcoin price soared past $93k, setting an all-time high record for the fifth time in a week. This bull run has also fueled growth on altcoins.

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TinTucBitcoin analyzed three Tokens that hit new record highs today, delivering significant returns to investors and creating excitement in the market.

Pepe (PEPE)

PEPE hit a new all-time high of $0.00002597 in intraday trading today, after rising an impressive 83% in the past 24 hours. This breakout allowed Meme Coin Coin to overcome five-month resistance at $0.00001677, marking a notable achievement.

Currently trading at $0.00002267, PEPE may struggle to set a new high due to today’s pullback. However, if investors maintain their positions and do not sell, PEPE can avoid a return to the previous support level of $0.00001677.

PEPE price analysis
PEPE price analysis. Source: TradingView

If PEPE falls to this support level, the possibility of a new high will be eliminated, along with a large portion of recent gains.

Sui (SUI)

SUI is up 9.75% over the past 24 hours, reaching a new all-time high of $3.52. Although the gain is modest, this high marks an important milestone in the altcoin’s recent uptrend.

The high is the sixth all-time high in the past week, as SUI closely tracks Bitcoin’s price rally. The cryptocurrency has now established solid support at $3.20, reinforcing investor confidence in continued growth.

SUI price analysis
SUI price analysis. Source: TradingView

However, if SUI loses the $3.20 support, the price could fall to $2.85, thereby damaging investors’ current bullish outlook and possibly correcting sentiment to the downside.

Popcat (POPCAT)

POPCAT jumped 18% in intraday trading highs, hitting a new all-time high of $2.00, its first high in more than two weeks. The recent breakout highlights POPCAT’s growing appeal among meme coin investors.

Currently trading at $1.88, POPCAT is undergoing a slight correction but has established support at $1.74. This support level acts as protection, helping to prevent any major losses and maintain positive sentiment around the Token.

POPCAT price analysis
POPCAT price analysis. Source: TradingView

However, if POPCAT loses the $1.74 support, it could face a decline to $1.49. This drop could undermine hopes of a new all-time high, dampening momentum for the Solana-based Meme Coin.

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