3 potential altcoins that could reach new peaks in the last week of June

Bitcoin faced a shock over the weekend when America attacked Iran amid escalating conflict between Israel and Iran. This development caused widespread damage in the market and raised concerns about the possibility of a large-scale conflict between nations.

However, even when BTC is down, some other altcoins still show strength.

The article will analyze three altcoins that have surpassed the negative market conditions and are heading towards establishing new all-time highs (ATH).

Hyperliquid (HYPE)

Currently, Hyperliquid (HYPE) is trading at $35.05, down 23.12% from its all-time high of $45.59. This altcoin is sitting just below the resistance level of $36.4 and is preparing to make a price increase towards the mark of $40.1. Investors are watching closely, as if it surpasses this level, HYPE could continue its upward momentum in the short term.

Breaking and holding the support at $40.1 is a key factor for HYPE to maintain its upward trend. If it surpasses this resistance, the price could aim for the target of exceeding the peak of $45.59. Achieving this will mark a new ATH and reinforce HYPE's bullish outlook.

HYPE Price Chart | Source: TradingViewHowever, the Parabolic SAR indicator – currently positioned above the price candles indicates a potential downtrend formation. If HYPE cannot surpass the resistance level of 36.4 dollars, the price may reverse and drop to 31.2 dollars, thus negating the current bullish argument.

The downward trend will negate the upward momentum, and HYPE may continue to face deeper declines.

Saros (SAROS)

SAROS has increased by 3.7% in the last 24 hours and is currently trading at $0.217. This altcoin is now only about 8.45% away from its ATH of $0.237. The current momentum suggests that SAROS may be preparing for a new breakout in the near future.

The ATH level of $0.237 was set two weeks ago, after which the price adjusted to $0.2. As SAROS continues to recover, it is highly likely that it will reach the resistance area at $0.237. If it convincingly surpasses this level, the price will continue to rise further, indicating that the bullish trend is still being maintained.

SAROS price chart | Source: TradingViewHowever, if selling pressure increases, the current uptrend may be reversed. In that case, SAROS may drop to the support zone of $0.211 or even lower, down to $0.2. A break below this level would indicate a weakening bullish outlook and could lead to deeper declines.

WhiteBit Coin (WBT)

WhiteBit Coin (WBT) gained attention in mid-June when it surged 62.8% in just five days. Since then, this altcoin has maintained its position on the important support level at 47.89 dollars. Investors are hopeful that WBT can continue the upward trend, with key technical levels acting as support for the next growth.

During the 62% increase, WBT set a new ATH at 56.49 dollars, recording the highest price of the day. Currently, this altcoin is about 17% away from ATH, and the possibility of returning to this level is entirely feasible if the overall market conditions improve. If the upward momentum continues, WBT could aim for new heights in the near future.

WBT Price Analysis | Source: TradingViewHowever, escalating geopolitical tensions could negatively impact the WBT price. If market sentiment turns bad, WBT could fall below the $47.89 support and continue to fall towards $39.46. A break below this critical support zone will nullify the current bullish outlook and signal deeper downside risks.

Minh Anh