The cryptography market fluctuated between the bullish feeling and lowering throughout last week. While July draws at its end, a clear trend remains elusive. While some Altcoins have struggling to gain ground, others are already reaching new heights of all time.
Beincrypto has analyzed three of these altcoins that could reach a new summit of all time in the coming days.
Heaven protocol (sky)
Sky is currently negotiating at $ 0.0,994, just 6% of its top of all time (ATH) of $ 0.1054. Investors have been looking forward to this level for more than seven months. Altcoin shows signs of momentum upwards, with ATH at hand if the current trends continue.
The optimistic feeling of the wider market supports the expectation that Sky could soon reach its ATH. If Altcoin can successfully transform $ 0.1000 into a solid level of support, it will likely reach $ 0.1054 ATH and potentially exceed this price, further feeding the optimism of investors.
For TA tokens and market updates: Do you want more symbolic information like this? Register for the publisher Daily Crypto newsletter Harsh Notariya here.
On the other hand, if investors start to take advantage of their earnings, Sky could face a sales pressure. This can lead to a step back to $ 0.0920. If the support at this level does not hold, it would invalidate the upward perspectives, which could trigger a deeper drop.
Hyperliquid (hype)
Media has shown a certain stability in recent days after a drop to $ 42. Altcoin is currently negotiated at $ 44, which leaves it to around 12% of its top of all time (ATH) of $ 49. This recovery signals a growth potential if the wider market remains favorable.
In order for media threshing to reach ath, he must first turn $ 46 in a high level of support. The wider market performance will play a crucial role in this area. If the beateering can maintain an upward dynamic and secure $ 46, an ascent to ATH is at hand.
However, if the beateering did not guarantee $ 46 and faces a sale pressure, it could return to the support at $ 42 or less. Such a drop would invalidate any optimistic perspective for Altcoin and could lead to a new price drop.
SAROS (SAROS)
Saros Price is currently $ 0.357, showing momentum upwards after rebounding the support at $ 0.341. Altcoin is about 20% of its top of all time (ATH) of $ 0.427. This suggests that Saros has the potential for additional gains if the current trend continues.
During ascending trends, Saros historically increased by 10 to 12% in one day. Given the current market conditions, if Saros can obtain $ 0.399 as a support, the Altcoin could probably reach its ATH $ 0.427.
However, if the sale pressure is intensifying and Saros falls below the support at $ 0.341, the price could drop to $ 0.293. Such a decline would invalidate the thesis raised and suggest a deeper downward trend, reversing recent gains.
Non-liability clause
In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
