[Altcoins with the highest price expected this week] HYPE, SYRUP, SPX

The cryptocurrency market has been steadily recovering in recent days, raising optimism among investors. Most altcoins are showing an upward trend on their daily charts this week, with some approaching their all-time highs.

Therefore, BeInCrypto analyzed three altcoins that could reach new all-time highs this week if the market maintains its strength.

Hyperliquid (HYPE)

The HYPE price rose today and is currently trading at $40.6. This altcoin successfully broke through the $39.9 resistance line, and securing it as a support level is crucial for continued growth. If HYPE can maintain this level, additional short-term increases are expected.

Currently, HYPE is about 13% away from reaching its all-time high of $45.8. The Ichimoku Cloud indicates strong momentum, preparing this altcoin to move powerfully towards its target. The positive outlook suggests that HYPE may soon challenge and exceed its previous ATH.

However, if HYPE fails to maintain momentum or selling pressure significantly increases, this altcoin could fall below $39.9. A drop to the next support level of $36.5 could invalidate the bullish logic, erasing recent gains and triggering further decline.

Maple Finance (SYRUP)

SYRUP is currently 14% away from reaching its all-time high of $0.657. With an average daily volatility of 4% to 5%, this altcoin has the potential to reach a new peak. Considering recent price movements, SYRUP is well-positioned to break its ATH based on continuous momentum and market stability.

If market conditions remain stable this week, a rise to $0.657 is possible. As SYRUP approaches this level, additional bullish movements could exceed the previous ATH. Investor interest and stable market conditions will be key factors supporting SYRUP's upward price movement.

However, if investor sentiment changes or selling pressure increases, SYRUP could fall below the $0.555 support level. In this case, the altcoin might drop to $0.496, invalidating the bullish outlook. Continued decline could reverse recent gains and disrupt the upward trend.

SPX6900 (SPX)

SPX is currently priced at $1.31, above the $1.25 support level. This altcoin faces a major resistance at $1.42. If SPX can overcome this resistance, it could set the stage for additional price increases and breaking new highs.

Reaching and securing $1.42 is crucial for SPX to move towards $1.55. This would open the path for the altcoin to target its all-time high of $1.77, which is 34.6% away. The Ichimoku Cloud's bullish signal supports this possibility, suggesting SPX can continue its upward momentum if market conditions remain favorable.

However, if SPX fails to break through the $1.42 resistance, the price could fall below the $1.25 support level. A drop to $1.14 or lower would invalidate the bullish logic. This decline could result from increased selling pressure or unfavorable market conditions.