3 Altcoins That Could Hit New All-Time Highs This Weekend – August 1,2
- Three major altcoins enter the first weekend of August within striking distance of their new all-time highs (ATH).
- UNUS SED LEO (LEO) sits 6.5% below its ATH, while WhiteBIT Coin (WBT) and Rain (RAIN) trail by 13.6% and 19.7%.
- The analysis below maps the levels that may decide whether any of the three prints a new record before Monday.
- LEO has moved inside a descending parallel channel since its all-time high of $10.39 on May 8.
What Happened
Three major altcoins enter the first weekend of August within striking distance of their new all-time highs (ATH). UNUS SED LEO (LEO) sits 6.5% below its ATH, while WhiteBIT Coin (WBT) and Rain (RAIN) trail by 13.6% and 19.7%.
LEO Trades Just 6.5% Below Its All-Time High
Two support areas protect the downside. The first sits near $9.50, aligned with the 0.236 Fibonacci retracement, and the second waits around $8.90.
Market Context
LEO trades at $9.71, down 0.6% over the past day. A confirmed breakout above the channel would open a target of $10.73, roughly 10.5% above the current price.
Meanwhile, the Relative Strength Index (RSI) points lower but remains neutral. Declining volume suggests accumulation rather than distribution, a pattern familiar from last month’s altcoins watchlist. If the breakout fails, the 0.618 golden pocket at $7.95 becomes the key downside target.
That retest coincided with the horizontal resistance zone near $58, which has capped every recovery attempt since. Therefore, bulls must reclaim $58 before any run at the record becomes realistic.
WBT changes hands at $55.66, hovering around the 0.618 Fibonacci retracement near $56. A reclaim of $58 would expose the all-time high of $64.43 from December 2025, about 15.8% above the current price.
In contrast, losing $56 would shift attention to supports at $53.31 and $50.69. Volume keeps declining while the RSI holds neutral territory, echoing the accumulation seen on LEO’s chart. WBT already absorbed heavy supply near these levels during a $1.19 billion token unlock.
RAIN Price Prediction Hinges on $0.013 Support
RAIN carries the highest risk of the trio. The token has trended lower since its all-time high of $0.0162 on June 22 and remains capped below the resistance zone around $0.015.
RAIN trades at $0.01304, down 4.2% in 24 hours and 19.7% below the record. The price now tests the 0.382 Fibonacci retracement near $0.0126, its last significant support.
Little support exists below that level. Consequently, a breakdown could drag the price back to the $0.008 area, where the late May breakout began, a drop of roughly 38%.
The RSI reads 35 and drifts close to bearish territory, a warning that the other two charts do not show. Still, contracting volume after the token’s earlier 200% surge hints at accumulation. The protocol’s climb into the top three prediction markets remains a possible catalyst if support holds.
LEO holds the cleanest path to a record, needing only a breakout from the channel’s upper band. WBT must flip $58 first, while RAIN has to defend $0.013 before any recovery attempt. Thin weekend liquidity could magnify whichever move comes first.
Why It Matters
Each daily chart tells a different story. The analysis below maps the levels that may decide whether any of the three prints a new record before Monday.
LEO has moved inside a descending parallel channel since its all-time high of $10.39 on May 8. However, the token now presses against the channel’s upper band, its strongest position since the correction began.
WBT presents a more complicated picture than LEO. The token broke down from an ascending parallel channel in late May and confirmed the structure as resistance on July 6.
The post 3 Altcoins That Could Hit New All-Time Highs This Weekend – August 1,2 appeared first on BeInCrypto.
Details
WBT Fights $58 Resistance After Channel Breakdown