Altcoin Market Update #145
Features analysis on Altcoins such as HYPE NEAR PEPE SEI XMR ZEC
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In today’s edition, the following cryptocurrencies will be analysed & discussed:
- Hyperliquid (HYPE)
- NEAR Protocol (NEAR)
- Pepe (PEPE)
- Sei (SEI)
- Monero (XMR)
- Zcash (ZEC)
But before we dive in, this Friday I’ll chart your Altcoin picks in an exclusive subscriber-only TA newsletter and will cover as many as I can
So if you’d like to have an Altcoin charted, feel free to share max. two TA requests each in the comments below.
I’ll chart the Altcoins that get mentioned and ‘Liked’ the most
Click the button below to leave a comment with your TA request!
Let's dive in to today's Altcoin Market Update.
Hyperliquid – HYPE/USDT
HYPE has broken beyond its major region of resistance and entered Price Discovery.
In the immediate aftermath of that breakout, a pullback into the old All Time High region isn't always necessary, the FOMO can be strong enough to sustain momentum without tapping that pool of liquidity below.
That said, a revisit remains a possibility further down the road, typically once price has topped and begins to pull back.
For now, price is attempting to establish a construction around two purple levels ($57.498 and $59.455, purple horizontals, upside wick highs), and the retest so far has been constructive.
A loss of these levels could see price drop back into the orange zone (orange horizontal zone, Re-Accumulation region) below.
But if the current structure holds, a Re-Accumulation range could be forming here, a base from which trend continuation to new highs becomes possible, provided the recent highs are eventually broken.
The question is whether this will be a shallow retest or a deeper one. For now, the shallow retest appears sufficient, though that still warrants monitoring.
The reason for some hesitation here is the combination of new All Time Highs and deeply overbought RSI conditions simultaneously.
Price and the RSI are both in territory never visited before, which means conditions are genuinely overextended.
The question to watch is whether market structure begins to develop on both price and the RSI. Could Higher Highs on price eventually pair with a Lower High on the RSI, forming a Bearish Divergence?
That is something that will reveal itself over time, whether on a week-to-week basis or across a couple of months.
Weakness takes time to mount, and it's too early to call bearish intent here.
The retest at the purple levels has been positive so far, even amid these overextended conditions.
NEAR Protocol – NEAR/USDT
NEAR is positioning itself for a potentially bullish Monthly Close.
A bullish Monthly Close here means closing inside or above the green zone (green horizontal zone, macro support/resistance region), because that is what would turn it into new support.
This zone has played multiple roles across the years: it acted as support following a Monthly Close inside it, then as resistance in 2023, then as weakened support throughout 2025.
Reclaiming it as new support would be the first step. From there, price would need to work toward retesting the orange zone (orange horizontal zone, macro resistance region) to eventually push into the $3.798 (black horizontal, macro resistance) area.
On the Weekly timeframe, the principle is straightforward: if NEAR can develop a cluster around the green zone, there is a good chance of then later Weekly Closing above the orange zone and then retesting it as new support.
A sequence of events that played out in both 2021, marked by the green circle on the chart.
A Weekly Close above the orange zone, followed by a successful retest of it as new support, would be a positive trend continuation signal.
But that comes second. The immediate priority is the green zone, establishing a base there is what opens the door to everything that follows.