March was a tough month for many altcoins, with some seeing significant price drops. However, as we approach Q2 2025, some tokens could benefit from an improving market environment.
We'll tell you about four altcoins that are closest to new historical highs.
Gate (GT)
GT is currently trading at $23.50, just 10% below its all-time high of $25.96. To reach that mark, the altcoin needs to break the resistance at $23.94 and consolidate above. A successful breakout could pave the way for further gains.
Market conditions suggest that GT could continue to rise in the coming days unless investors start taking profits. In that case, the token could surpass $25.96 and set a new record.
However, $23.94 has been a major resistance for two months now. If GT fails to break through it, a pullback to $22.56 or even $21.25 is possible. Such a drop threatens to cancel the bullish scenario and strengthen the downtrend.
BNB
BNB has repeatedly attempted to reach its all-time high of $793 since December 2024, but each time it has hit a hurdle at $741. Despite the sharp drops, the altcoin has shown resilience, which indicates investor confidence and interest in its future.
BNB is currently holding above key support in the $587–$619 range, 25% below its all-time high. If the market situation improves, the token could make another attempt to renew its high within a month.
While BNB risks facing challenges at $741, strong support could help it break through that barrier. However, if the token fails to break through $647 first, a drop below $619 is possible. This would invalidate the bullish outlook and strengthen the downward movement.
MANTRA (OM)
At the time of writing, OM is trading at $6.58, well below its all-time high of $9.17, which would require a 40% rally to reach. However, the altcoin has room to grow. An improvement in market sentiment could push it to higher levels.
Strong bullish momentum has already helped OM reach a high of $9.17 in late February. Continued inflows into the token point to the possibility of a fresh rally. If OM breaks resistance at $7.02 and consolidates above $7.74, it will confirm the bullish scenario.
If OM fails to break through the resistance at $7, the price may decline to $6.17. This will return the altcoin to the consolidation phase, as it was at the beginning of the month, and cancel the optimistic forecast. Failure to break through key resistance levels will limit the upside.
Cheems (CHEEMS)
CHEEMS has also been on a strong run this month, hitting a new all-time high of $0.000002179 this week. This growth suggests growing investor interest and a possible continuation of the rally if conditions are favorable.
To set a new record above $0.000002200, CHEEMS needs to grow by 25% from the current price. The altcoin may bounce off the support level of $0.000001660, which will strengthen the uptrend. Holding above this level will open the way for further growth.
If CHEEMS fails to hold support at $0.000001660, selling pressure could intensify. A drop below that level could lead to a decline to $0.000001461 or even $0.000001132. This would cancel the bullish outlook and extend the downtrend.
Источник: cryptocurrency.tech
