3 Crypto has reached its peak today

While the crypto market has been very slow over the past few days, with Bitcoin hovering around $96,000, some altcoins are still gaining some of their remaining bullish momentum. Among those supporting its growth is Tron (TRX).

BeInCrypto has analyzed two other crypto tokens that created a new all-time high (ATH) today along with Tron.

Tron (TRX)

The price of Tron is currently at $0.228, representing a 10% increase in the last 24 hours. The altcoin hit a new all-time high (ATH) of $0.235 during intraday trading. This latest increase shows growing investor confidence and reinforces the bullishness surrounding TRX in the crypto market.

This marks the first ATH for TRX in seven years, the last high being in January 2018. Tron's current momentum is strong, and if it continues this trend, the altcoin may continue to make higher highs. Continued buying pressure could propel TRX to higher levels.

Tron has established strong support at $0.204, which could serve as a floor for any corrections. If profit-taking leads to a price reversal, a rebound at this support level may cause it to maintain its higher level. However, if TRX falls below $0.204, the bullish view will be rejected, indicating a possible change in market sentiment.

Ondo (Ondo)

ONDO price has increased by 40% in the last 24 hours, reaching a new all-time high (ATH) of $1.794. This marks the first ATH in six months, indicating strong market demand. The price hike has put ONDO in the limelight, attracting the attention of investors and traders.

Continued growth of ONDO is possible if holders hold their positions and avoid selling their holdings. If ONDO's move continues, the next target could be $2.000. Market sentiment will play a key role in sustaining this rally, especially if investor confidence remains strong in the coming days.

ONDO's key support is at $1.485. If the price falls below this level, it may indicate a change in market conditions, which will lead to a decrease to $ 1.243. A fall below this support level will devalue the bullish outlook, which could create further selling pressure and reduce investor optimism.

Kauai (KAIA)

Another crypto token, KAIA's price increased by 75% in the last 24 hours, reaching a new all-time high (ATH) of $0.422. This significant jump places KAIA among the top performers in the crypto market.

KAIA's future growth largely depends on broader market trends. If the overall crypto market is bullish, KAIA may continue its upward trajectory. However, if bearish market conditions prevail, the altcoin may face a correction, which may result in a reduction in recent gains.

KAIA's critical support level is at $0.329. If the price falls below this support, the bullish view is invalid. Such a decline could push KAIA below $0.300, indicating a change in market sentiment and triggering further selling among investors.