The answer is yes. You know this because the table isn't moving or rotating.
the object con tinues to fall but with NNO acceleration! notice that there is not net force if the upward and dowward forces are equal.
The at the top, the higher something is the more potential energy it has because if both fall the one at the top will have more kinetic energy
If velocity is constant, then the object is moving
at constant speed in a straight line.