The crypto market went through a volatile January, with some cryptocurrencies hitting new all-time highs and then experiencing sharp corrections. However, there are three tokens that have potential for breakout rallies.

Bitcoin is the closest to forming a new all-time high, and its bullish momentum makes traders optimistic about its next moves toward record levels. It is currently trading at $102,535, aiming to establish $102,235 as support. A drop below $100,000 could trigger increased selling pressure and potentially send it down to $95,668.

XRP is closely following Bitcoin's trajectory and has maintained an uptrend since the start of the year. It is standing just 9.39% away from forming a new all-time high and has successfully defended the $2.95 support level. Holding above this level is crucial for sustaining its upward momentum.

BNB has lost its critical support level of $686 but is attempting to reclaim it. It is standing just 17.7% away from its all-time high and has the potential for a breakout if it flips $741 into support. However, if it falls through its next major support at $647, it could delay any possibility of a new all-time high.



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