3 Cryptocurrencies That Reached All-time Highs Today — December 13

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Despite a flimsy downturn successful nan broader cryptocurrency market, respective altcoins person bucked nan trend, hitting caller all-time highs today.

BeInCrypto has analyzed 3 standout tokens, pinch Fartcoin (FARTCOIN) starring nan charge.

Fartcoin (FARTCOIN)

Meme coin FARTCOIN surged to a caller all-time precocious of $0.73 during nan early Asian convention connected Friday. It is now trading astatine $0.63, reflecting a 12% diminution from its peak.

Today’s all-time precocious is nan sixth successful 7 days, reflecting nan dependable uptick successful nan altcoin’s demand, mostly fueled by meme coin mania. The setup of FARTCOIN’s Moving Average Convergence Divergence (MACD) confirms this bullish outlook.

At property time, its MACD statement (blue) lies supra its awesome statement (orange). When this momentum parameter is group up this way, it suggests a bullish trend. It indicates that nan asset’s value whitethorn proceed to rise. This crossover is often seen arsenic a awesome to buy, reflecting accrued buying pressure.

FARTCOIN Price Analysis. Source: TradingView

If this inclination persists, FARTCOIN’s value will reclaim its all-time precocious and rally past it. On nan different hand, nan meme coin’s value whitethorn driblet to $0.56 if trading unit spikes.

Fasttoken (FTN)

Fasttoken (FTN) is nan autochthonal cryptocurrency of nan layer-1 blockchain level Bahamut. It roseate to an all-time precocious of $3.26 today. While its value has since dropped by 1%, nan token continues to bask a important bullish bias.

This is confirmed by its rising Chaikin Money Flow (CMF). As of this writing, FTN’s CMF is astatine 0.71.

The CMF parameter measures nan accumulation and distribution of an plus complete a specified period, typically 21 days. When nan CMF is supra zero, nan plus is experiencing much buying unit than trading pressure, suggesting a bullish trend. This affirmative reference often signals a imaginable upward value movement.

FTN Price Analysis. Source: TradingView

If nan rally persists, FTN will reclaim its all-time precocious of $3.26, perchance flip it into a support level and emergence further. Conversely, if profit-taking activity spikes, nan altcoin’s worth will plummet to $2.67.

Gigachad (GIGA)

Solana-based meme coin GIGA deed an all-time precocious of $0.080 earlier today. It has since witnessed an 8% pullback causing it to waste and acquisition astatine $0.074 astatine property time.

Nevertheless, token accumulation persists among marketplace participants, arsenic reflected by GIGA’s rising Relative Strength Index (RSI). At nan clip of writing, this is astatine 66.23.

An asset’s RSI parameter measures its overbought and oversold conditions. Its values scope betwixt 0 and 100, pinch values supra 70 indicating that nan plus is overbought and owed for a correction. On nan different hand, values nether 30 propose that nan plus is oversold and whitethorn witnesser a rebound.

GIGA Price Analysis. Source: TradingView

GIGA’s Relative Strength Index (RSI) of 66.23 indicates that nan plus is nearing overbought conditions. While bullish momentum remains strong, higher RSI levels could awesome a imaginable reversal aliases consolidation. In nan arena of a pullback, nan meme coin’s worth mightiness diminution to $0.063.

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