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3 Top Altcoins to Watch as SpaceX and Iran Trump Deal Change the Crypto Market

XRP, UNI, and HYPE become the three main altcoins to watch this week. SpaceX and Iran's peace deal by Trump are bringing new hype to the crypto asset market, thus shifting investor positions and momentum trader strategies.

Here is a brief review of each token, the technical levels to watch, and macro factors driving current euphoria.

What Makes XRP, UNI, and HYPE Stand Out Right Now

These three altcoins are now prominent due to strong fundamentals, interesting technical patterns, and the impact of macro catalysts currently moving the market.

XRP: Cross-Border Payments and ETF Momentum

XRP is currently trading at $1.21. This token has increased by 2.0% in the last 24 hours and gained 8.9% over the past seven days. XRP also shows clear resilience after recovering from recent new lows around $1.09.

Whale accumulation remains strong among major holders. Additionally, institutional interest continues to grow as inflows into XRP spot exchange-traded funds (ETFs) increase. RLUSD stablecoin is also expanding in cross-border payment channels worldwide.

From a technical perspective, XRP's price movement tends to consolidate in the range of $1.21 to $1.25. Major support is at around $1.18 to $1.20, while resistance is at $1.25 to $1.30. Therefore, the short-term outlook still points to movement within this range, with potential upside to $1.35. UNI: The Most Notable DeFi Rally This Week

UNI is the top gainer altcoin this week. Uniswap's native token is around $3.66. In the last 24 hours, UNI's price surged 24.3%, and it has increased 49.7% over the past seven days.

This rally was triggered by bullish analyst reports. Long-term projections from Standard Chartered boost confidence, along with strong DeFi momentum. Additionally, UNI successfully broke short-term resistance with very high trading volume.

Major support for UNI is at around $3.10 to $3.30. Meanwhile, nearby resistance is at $3.80 to $4.00. Furthermore, total value locked (TVL) in DeFi continues to rise. Traders now target the $4.50 level as the next potential increase if risk-on market conditions persist. HYPE: The Leader in Decentralized Derivatives

HYPE is now valued at $73.02. This token has increased by 0.5% in 24 hours and surged 32.3% over the past seven days. Currently, HYPE is trading slightly below its all-time high of $76.70 reached yesterday.

HYPE's momentum is driven by clear catalysts. HYPE benefits from Hyperliquid's position as a leader in decentralized derivatives. Additionally, ecosystem growth and increasingly widespread risk-on sentiment, triggered by the US-Iran deal and SpaceX IPO spotlight, contribute to this.

Major support for HYPE is around $68 to $70. Resistance is at $76 to $80. Although HYPE's momentum remains very bullish, short-term overbought conditions suggest possible consolidation. A decisive breakout above the latest all-time high could confirm an ongoing upward trend.

Why SpaceX and the Iran Trump Deal Are Driving Hype?

The macro backdrop is now filled with new catalysts. SpaceX has completed the largest IPO in history. SpaceX's shares soared to a market valuation of $2.8 trillion, increasing risk appetite for global speculative assets.

Moreover, perpetual contracts related to SpaceX on Hyperliquid are causing extraordinary trading activity. As a result, this platform now combines solid product-market fit with new capital inflows.

The SpaceX IPO has also shifted retail and institutional fund flows. Additionally, many traders are reallocating portfolios to decentralized exchanges and high-volatility altcoins. Momentum assets like UNI and HYPE could experience extreme movements in a short period.

On the geopolitical side, Donald Trump confirmed that the US-Iran peace deal is finalized. The official signing is scheduled for June 19 in Switzerland. This announcement caused Bitcoin prices to rise, while oil and gold prices fell in the global financial markets.

A successful peace deal could boost capital flows into speculative assets. Meanwhile, a reduction in geopolitical premiums can free up liquidity, which often shifts into the crypto markets, especially into altcoins with strong fundamentals or growing adoption levels.

These three tokens represent the spectrum perfectly. HYPE carries the SpaceX and decentralized derivatives narrative. UNI plays a role in DeFi rotation. Meanwhile, XRP facilitates cross-border payments and provides ETF exposure within the crypto asset narrative supported by institutions.
XRP0.17%
UNI10.31%
HYPE-0.82%
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Yunna
· 23m ago
Ape In 🚀
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HighAmbition
· 1h ago
Buy To Earn 💰️
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HighAmbition
· 1h ago
Diamond Hands 💎
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