The crypto market is stabilizing after a bullish start to September, giving altcoins room to extend their gains. This momentum is significant as several tokens approach their all-time highs. Bitcoin’s strength could act as a catalyst, setting the pace for broader altcoin growth.

BeInCrypto has analysed three such altcoins that are close to reaching their all-time high in the coming week.

Ethereum is trading at $4,529, leaving it less than 10% away from the all-time high of $4,956. The altcoin king recently formed this peak toward the end of August and is now showing signs of recovery as it steadily climbs back to retest the level.

Last week, Ethereum failed to breach the $4,749 resistance, delaying its advance toward the ATH. However, the Parabolic SAR indicator positioned below the candlesticks signals an active uptrend. With renewed investor support, ETH could retest $4,749, and a successful breakout would push the price closer to $4,956.

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If Ethereum fails to maintain its momentum, a drop below $4,500 support could reverse the recent gains. This decline may drive ETH down toward $4,331, putting bearish pressure on the altcoin. This would invalidate the bullish thesis and potentially extend sideways movement.

MNT is trading at $1.60, placing it less than 10% away from its recent all-time high of $1.76. The altcoin has maintained strong bullish momentum, with the ATH forming less than 72 hours ago, showing continued demand from investors seeking short-term growth opportunities.

If MNT sustains this momentum, a rise past $1.76 should not present significant resistance. Such a breakout could quickly drive the price beyond $1.80, reinforcing the bullish outlook and encouraging further inflows from investors anticipating new record highs in the coming days.

However, downside risks remain if the altcoin weakens. Should MNT fall toward the $1.47 support, the bullish narrative would likely collapse. This would increase investor losses and also leave the token vulnerable to deeper declines, potentially reversing its recent gains.

IP price remains 21.5% away from its all-time high of $11.84, but still shows potential to revisit this level. The altcoin is holding firmly above the $9.58 support, suggesting a solid base as investors monitor momentum for a possible upside move.

A bounce from this support is possible, with the 50-day EMA positioned well below the candlesticks, signaling ongoing bullish momentum. If IP manages to breach the $11.84 resistance, the altcoin could extend its rally past $12.00, reinforcing investor confidence and fueling renewed demand in the market.

However, risks remain if selling pressure rises. Should investors take profits, the IP price may slip through the $9.58 support, potentially falling further toward $8.58. Such a decline would invalidate the bullish thesis and highlight investor skepticism.

The post 3 Altcoins That Could Hit All-Time Highs In The Third Week Of September appeared first on BeInCrypto.

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