The crypto market is entering a strong growth phase, pushing several altcoins close to or beyond their all-time highs (ATH). Among them, BNB is emerging as a leading candidate for a historic breakout. In addition, two other altcoins are also on track to reach new records in the coming days.
XRP – Already Hit an ATH, Poised for a New Breakout?
After over six months of accumulation, XRP recently reached a new ATH of $3.66. Although the price saw a slight pullback, it now trades just 3.2% below its peak, indicating robust investor interest.
A bullish “Golden Cross” from the exponential moving averages (EMAs) is reinforcing the uptrend and serving as dynamic support. If XRP can break above $3.66, the next target could be $3.80—setting a fresh record high for the altcoin.
However, profit-taking remains a risk. If selling pressure increases, XRP may drop to the $3.38 support zone. In a more bearish scenario, a fall to $3.00 would invalidate the bullish outlook and could trigger a deeper correction.
BNB – Just Steps Away from a Historic High
Currently trading around $761, BNB is only 4% away from surpassing its ATH of $793. After seven months of anticipation, investors are eagerly awaiting a potential breakout. However, BNB must first secure the critical support level at $741.
The Parabolic SAR indicator is currently positioned below the candlesticks—a clear sign of upward momentum. If this bullish trend holds, BNB could not only break past $793 but also climb to $810, setting a new ATH and reinforcing market confidence.
On the flip side, losing the $741 support could pull BNB back to $700—dampening bullish expectations and prompting caution among short-term traders.
Hyperliquid (HYPE) – A Rising Star Eyeing the $50 Mark
HYPE is currently trading at $46.89—just 6% away from its ATH of $49.87. To maintain its upward trajectory, the token must hold the support level at $46.94. If successful, HYPE could soon breach the $50 milestone.
The Ichimoku Cloud forming below the candlesticks suggests strengthening bullish momentum. However, failure to defend the $46.94 level could see HYPE decline to $42.30—erasing recent gains and shaking investor confidence.
XRP, BNB, and HYPE are all on the verge of setting new all-time highs in the final week of July. While technical indicators appear promising, the market remains volatile. Investors should monitor key support and resistance levels closely to make informed decisions.
