Bitcoin Is Down, But These 3 Altcoins Could Hit New Highs This Weekend
- The Binance hack has shaken the crypto market, triggering a widespread selloff after the exchange reported roughly $6.3 billion in losses.
- Yet three major altcoins remain surprisingly close to their all-time highs.
- Hyperliquid (HYPE), LEO Token (LEO), and WhiteBIT Coin (WBT) are all within 17% of their previous records.
- Technical analysis suggests HYPE has the strongest chance of reaching a new high.
What Happened
The Binance hack has shaken the crypto market, triggering a widespread selloff after the exchange reported roughly $6.3 billion in losses. Yet three major altcoins remain surprisingly close to their all-time highs.
Market Context
1. Hyperliquid (HYPE): Wall Street Deal Could Push Price Above $100
The token rallied following a deal between Intercontinental Exchange (ICE) and trade[XYZ], which operates perpetual futures markets on Hyperliquid.
The agreement could bring regulated US trading activity onto the network, subject to approval.
Its technical outlook is encouraging. HYPE reclaimed the important $85.19 level on October 29, accompanied by its highest trading volume since August. Its Relative Strength Index (RSI), which measures price momentum, has climbed to 65.
What the price analysis suggests:
LEO has also resisted the broader market weakness, trading at $9.46, just 9.3% below its $10.43 record.
The token broke out of a month-long trading range on October 29 after repeatedly finding support near $8.91.
Why It Matters
Technical analysis suggests HYPE has the strongest chance of reaching a new high. LEO is also showing bullish momentum, while WBT faces a crucial test that could determine its next move.
Bullish target: A daily close above 93–95 could push HYPE toward $97.99, followed by $104.
Bearish risk: Losing $85.19 could trigger a retreat toward $75.14.
LEO’s RSI has surged to 80, its highest since April. This indicates powerful buying momentum, although it also suggests the rally may be overheating.
Bullish target: A breakout above $9.60 could send LEO toward $9.80 and eventually its $10.43 ATH.
Bearish risk: Rejection near $9.49 could bring another decline toward $8.91.
WBT presents the riskiest outlook among the three.
Details
Hyperliquid (HYPE), LEO Token (LEO), and WhiteBIT Coin (WBT) are all within 17% of their previous records.
HYPE has emerged as one of the strongest performers during the selloff.
At $90.66, HYPE is just 7.4% below its September record of $97.99.
However, sellers have repeatedly emerged near $97.
2. LEO Token (LEO): Strong Rally Faces an Overheating Warning
But there is a warning sign.
The immediate obstacle is resistance around 9.49–9.60, where previous rallies have struggled.
What happens next?
3. WhiteBIT Coin (WBT): Can Buyers Stop the Decline?