December 25 Crypto Highlights: BGB, GT, AI16Z at All-Time Highs
Three cryptocurrencies achieved all-time highs, shaking the market.
By Tylt Editorial Team
BGB surged 25%, hitting $5.39; strong support needed at $4.12.
GateToken (GT) reached $14.24; next target at $15.00 with support at $13.45.
AI16Z skyrocketed 46%, peaking at $0.976 before settling at $0.897.
Cryptocurrency markets saw standout performances today as three altcoins achieved all-time highs, defying broader market challenges.
BGB led the charge with a 25% surge in the last 24 hours, hitting $5.39. Its rally captured significant investor attention, positioning it for potential further gains. Analysts emphasize maintaining support above $4.12 as crucial for sustained growth, with predictions of new highs if this zone holds. However, a drop below this level could pull BGB down to $3.06, erasing recent gains.
GateToken (GT) also impressed, climbing to an ATH of $14.24, buoyed by solid support at $13.45. This bullish momentum suggests GT could target $15.00, signaling robust investor confidence. Failure to hold the $13.45 level, however, risks a pullback to $12.85 or lower, highlighting market volatility.
AI16Z emerged as a major winner, surging 46% within a day to an ATH of $0.976 before stabilizing at $0.897. Breaking past $0.832, which had acted as resistance for weeks, shifted market sentiment and paved the way for short-term gains. Sustaining levels above $0.832 remains critical, with a drop to $0.571 potentially negating recent progress.
These standout performances underline the potential for growth despite market challenges, while highlighting the importance of monitoring key support and resistance levels.
