3 Altcoins That Could Hit All-Time Highs In The First Week Of July

The crypto market has been consistently recovering over the last few days, fueling optimism among investors. Most altcoins are painting green on the daily chart this week, with some even closing in on their all-time highs.

Thus, BeInCrypto has analysed three altcoins that could witness a new all-time high this week if the market remains bullish.

Hyperliquid (HYPE)

HYPE price is up today, trading at $40.6 at the time of writing. The altcoin has successfully broken past the $39.9 resistance, and securing it as support is crucial for continued growth. If HYPE manages to hold this level, further gains are likely to follow in the short term.

Currently, HYPE is just under 13% away from reaching its all-time high of $45.8. With the Ichimoku Cloud indicating bullish momentum, the altcoin is poised to make a strong push toward that target. The positive outlook suggests that HYPE could soon challenge and surpass its previous ATH.

However, if HYPE fails to maintain momentum or sees significant selling pressure, the altcoin could slip below $39.9. A fall to the next support level of $36.5 would invalidate the bullish thesis, potentially erasing the recent gains and triggering further downward movement.

Maple Finance (SYRUP)

SYRUP is currently 14% away from its all-time high of $0.657. With an average daily movement of 4% to 5%, this altcoin has the potential to reach new heights. Given the recent price fluctuations, SYRUP is well-positioned to break its ATH with continued momentum and market stability.

A rise to $0.657 is achievable this week if broader market conditions remain stable. As SYRUP approaches this level, further bullish movement could push it beyond the previous ATH. Investor interest and stable market conditions will be key factors in supporting this upward price movement for SYRUP.

However, if investor sentiment shifts or selling pressure mounts, SYRUP could fall below the support level of $0.555. In such a case, the altcoin might dip to $0.496, invalidating the bullish outlook. A sustained downturn could reverse the recent gains and disrupt the upward trend.

SPX6900 (SPX)

SPX is currently priced at $1.31, holding above its support level of $1.25. The altcoin faces a key resistance at $1.42. If SPX can overcome this resistance, it may set the stage for further price growth and break through to new highs.

Reaching and securing $1.42 is crucial for SPX to push towards $1.55. This would pave the way for the altcoin to target its all-time high of $1.77, which it is 34.6% away from. The Ichimoku cloud’s bullish signal supports this potential, suggesting SPX may continue its upward momentum if market conditions remain favorable.

However, if SPX fails to breach the $1.42 resistance, the price could drop below the $1.25 support level. A fall to $1.14 or lower would invalidate the bullish thesis. This drop could be a result of increased selling pressure or unfavorable market conditions.