Hyperliquid (HYPE), Saros (SAROS), and WhiteBit Coin (WBT) Targeting New Peaks

Bitcoin suffered a severe blow over the weekend due to the US's attack on Iran. This development led to concerns in global markets, and Bitcoin experienced significant losses. However, some altcoins are showing signs of recovery in this challenging environment.

BeInCrypto examined three altcoins that have potential for growth despite the effects of the bear market and are targeting new ATH levels.

Hyperliquid (HYPE)

HYPE is currently trading at around $35.8, which is %29 away from its all-time high of $45.8. The token is facing strong resistance around $36.4, and if it overcomes this obstacle, it could continue rising towards $40.1. Investors are closely monitoring this critical level; staying above $40.1 is crucial for HYPE to maintain its upward momentum.

If the resistance at $40.1 is broken and becomes a support, HYPE could challenge a new ATH level of $45.8. This would strengthen the altcoin’s upward potential. However, the Parabolic SAR in technical indicators is positioned above the price, signaling a downtrend. If the resistance at $36.4 is not surpassed, HYPE could pull back to $31.2, jeopardizing the current bullish scenario.

Saros (SAROS)

SAROS has risen to $0.218 with a 5.5% increase in the last 24 hours. The altcoin is about 8.7% away from its historical peak of $0.237. This rise indicates SAROS's potential to reach new ATH levels.

The token, which reached $0.237 two weeks ago, then retraced to $0.200. However, the recovery process continues, and the $0.237 resistance level is expected to be tested again soon. If this resistance is overcome, SAROS could increase its upward momentum.

On the other hand, if sales increase, SAROS could drop to the support level of $0.211 or even lower to $0.200. Breaking these supports weakens the possibility of a rise and can create pressure on the price.

WhiteBit Coin (WBT)

WBT showed a remarkable increase of 62.8% in a short time in mid-June. With this increase, the token reached an all-time high of $56.49. It is currently 17% away from the ATH and is maintaining the support level of $47.89.

Investors hope that WBT will maintain its upward trend without losing this support. If the overall market conditions improve, the token may reach ATH levels again and see new peaks.

However, increasing geopolitical risks may negatively affect the WBT price. If it falls below the critical support of $47.89, the price could drop to $39.46. Such a scenario would disrupt WBT's bullish outlook and bring a greater risk of decline.


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