#CryptoMarketsDipSlightly


3 Altcoins Capable of Reaching New All-Time Highs in May 2026

Three altcoins are very close to reaching new all-time highs as May 2026 approaches. WhiteBIT Coin (WBT), Tron (TRX), and Hyperliquid (HYPE) are each trading closer to their peaks compared to most other major altcoins in the market.

WBT is currently about 16% below its all-time high, TRX roughly 25% below, and HYPE around 33% below. This proximity to their ATH levels makes all three strong candidates to hit new record prices soon, unlike other altcoins that are still far from their peaks.

WhiteBIT Coin Gains in a Narrow Range Below US Resistance $57

WBT is currently trading around US$53.82 within a horizontal channel pattern. The midline at US$53 is exactly at the 0.382 Fibonacci retracement and has served as both support and resistance throughout 2026 (blue circle).

A breakout above the 0.618 Fibonacci retracement near US$57 could open the way toward US$60.50. The all-time high at US$64.41 is less than 20% away. If a deeper correction occurs, the 0.236 Fibonacci level around US$50 should support the price.

The Daily Relative Strength Index (RSI) remains above its upward support trend line in the neutral zone. The MACD has slightly shifted toward bearish, but overall conditions are still healthy. Decreasing volume indicates consolidation, not distribution.

Quarterly token burns, tightening exchange liquidity, and ecosystem growth connected to the partnership with Juventus form the fundamental backdrop. These catalysts could accelerate a breakout above US$57 throughout May.

Tron Bounces from the Channel Midline Near US$0.32

TRX is currently trading close to US$0.3233 within an upward channel pattern. The midline near US$0.32 has repeatedly served as support and resistance over the past few months, and now the price is bouncing back from this zone. This area also aligns with the 0.5 Fibonacci retracement.

This zone offers layered support, including previous resistance levels now acting as support. If the price continues upward, the nearest target is at the 0.786 Fibonacci retracement at US$0.35. TRX recently broke above the January 18 peak and recorded its first higher high in several months.

The daily RSI is trending downward but remains in the neutral zone. The MACD is also moving down, but decreasing volume indicates the correction pressure is not very strong.

The supply of stablecoins on the Tron network hit a new record, and the steady upward price trend further strengthens its bullish structure. If USDT continues to grow, the potential for a push toward a new all-time high in May becomes more likely.

Hyperliquid Holds Near Upward Trend Line at US$40

HYPE is trading around US$39.62 after dropping 4.90% in a day. The price is testing the upward trend line since the January low, which intersects with the 0.5 Fibonacci retracement around US$40. Holding at this confluence is crucial to remain bullish.

Reclaiming the 0.618 Fibonacci retracement at US$44.54 is the next key technical signal. The next resistance is just below the 0.786 Fibonacci level near US$50. If the price breaks through this area, the path to the all-time high at US$59.41 will open wide.

Indicators suggest short-term weakening. The daily RSI has broken below its upward support trend line (blue circle), while the MACD continues to print red bars on the histogram. However, decreasing volume alongside the price decline indicates selling pressure remains weak.

Hyperliquid’s buyback and burn activities, along with its dominant contribution to perpetual decentralized exchange volume, form a strong fundamental foundation. If the trend stays above US$40, the chance to attempt a new ATH in May increases further.
TRX-0.55%
HYPE-1.24%
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GateUser-3c181bb3
· 8h ago
But now it's been burned down, and Kak Seto Mulyadi wants to do it for Eid today.
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