3 Altcoins That Could Hit All-Time-High in the Third Week of October Despite the Market Crash

The recovery in the crypto market has pushed many altcoins higher, approaching their record highs. Investors may XEM this as an opportunity to take profits, but until then, support will continue.

BeInCrypto has identified three altcoins that could hit new record highs in the coming week.

Useless (USELESS)

USELESS remains one of the few cryptocurrencies trading near its record high despite suffering major losses during Friday's market crash. The meme coin is now just 19.7% away from its peak of $0.444, showing remarkable resilience compared to most other altcoins that are still struggling to recover.

Up 67% in the last 24 hours, USELESS is trading at $0.368 and trying to establish $0.364 as strong support. The 50-day exponential moving Medium (EMA) is reinforcing the bullish sentiment, suggesting continued momentum that could push the coin towards retesting its record high soon.

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However, if selling pressure emerges soon, USELESS could face a sharp correction. A break below the $0.292 support could see the price drop to $0.230, erasing recent gains and potentially invalidating the bullish outlook.

Mantle (MNT)

MNT is another altcoin that has emerged as a strong contender for a new record high this week, provided market conditions remain favorable. The altcoin is currently trading at $2.15, just 33% away from its previous high of $2.87.

While a 33% increase may seem steep, MNT’s recent 32% growth in just 24 hours suggests that such growth is achievable. If the altcoin successfully flips the $2.29 resistance into support, it could pave the way for a rally to $2.87, marking another record high.

However, if selling pressure increases or broader market sentiment weakens, MNT could lose momentum. A drop below $1.92 could push the price towards $1.77, invalidating the bullish outlook and signaling a potential shift to short-term bearish conditions.

Ethereum (ETH)

Ethereum is currently trading at $4,162, hovering just below the key resistance level of $4,222 and awaiting a decisive breakout. The altcoin king has rebounded strongly from $3,742, marking a 10% gain in the past 24 hours and signaling renewed investor confidence across the entire crypto market.

The Ichimoku Cloud indicator points to short-term bullish momentum for Ethereum. If ETH successfully converts $4,222 into support, the price could rise to $4,500. A breakout of this level would open the door for Ethereum to test the next resistance level at $4,956, reinforcing its uptrend.

However, if bullish conditions weaken or ETH fails to clear the $4,222 barrier, a reversal could occur. Ethereum could fall to $4,000 or lower, erasing recent gains and invalidating the bullish outlook as selling pressure increases.