Altcoin Newsletter #277
Features analysis on Altcoins such as LTC PEPE AERO HBAR HYPE TAO
Welcome to the Rekt Capital Newsletter, a resource for investors who want to better navigate the crypto markets with the help of cutting-edge crypto research and unbiased market analysis.
In today’s Altcoin newsletter I cover the following Altcoins – specifically:
- Litecoin (LTC)
- Pepe (PEPE)
- Aerodrome Finance (AERO)
- Hedera Hashgraph (HBAR)
- Hyperliquid (HYPE)
- Bittensor (TAO)
These Altcoin TA requests are made by valued readers of the Rekt Capital Premium Newsletter.
Let’s dive in...
Litecoin – LTC/USD
LTC has been cycling between its macro Range Low and Range High for several years. Bouncing from $53.36 (blue horizontal, Range Low) to $109.26 (blue horizontal, Range High) and back again on the Monthly timeframe.
That range has now broken down.
Price has failed to generate any meaningful reaction from the Range Low and has closed below it.
Historically, every breakdown from this range has led to a drop toward $39.02 (orange horizontal, macro support) at minimum with downside deviations below that level a consistent feature.
The 2020 wick, the pre-2018 move, and the extended deviation into the low $20s in 2019 all follow the same pattern.
We are still early in this Bear Market, with roughly 30% of downside still potentially ahead.
As price approaches $39.02, an initial attempt to hold is likely but a downside deviation below that level remains a real possibility, consistent with how prior breakdowns have resolved.
The $30s, and potentially the high $20s, remain on the table if that deviation plays out.
Pepe – PEPE/USDT
We flagged PEPE when price was testing the top of the downtrending channel on the Weekly timeframe.
The read then was that a rejection was likely, and that price would revisit the liquidation wick lows. That level also happens to be PEPE's Binance listing price.
That revisit has now happened.
Price is downside wicking into the bottom of the channel, but the fact that it has returned to those liquidation lows is not an encouraging sign for the strength of support here.
The 2025 downside wick did produce a reversal, but the subsequent rally failed to generate any sustainable upside.
Instead developing a cluster of Lower Highs each time. That pattern looks set to continue.
A rebound from here is possible, but the more probable path is that price loses the light blue level at $0.00000279 (light blue horizontal, macro support) and breaks down from the downtrending channel altogether.
On loss of that level, the next destination would be slightly below the channel.
Where a major Order Block sits, separating a significant pocket of historically transacted volume.
There is still time for that breakdown to play out.