The crypto market remains uncertain as July ends, with investor sentiment fluctuating between hopes for growth and fears of a correction. However, in this fog of uncertainty, three altcoins stand out, which are already close to reaching their previous peaks and may rewrite records in the coming days.
Sky Protocol (SKY): A Chance for a Long-Awaited Breakthrough
The SKY coin is trading at a level just 6% below its previous maximum of $0.1054. Investors have been waiting for a return to these values for more than six months, and now the market is again approaching a decisive moment. If SKY manages to establish itself above the $0.1000 mark and turn it into confident support, growth to the previous maximum and its possible breakout become more realistic. However, there is a risk of profit taking, which could trigger a correction to $0.0920. If this support is lost, further decline will be difficult to avoid.
Hyperliquid (HYPE): One Step Away from Recovery
After falling to $42, the HYPE token is showing signs of recovery and is trading only 12% below its ATH of $49. The key resistance level is currently at $46. If the asset consolidates above this price and the overall market environment remains favorable, the likelihood of reaching a new peak will increase significantly. Otherwise, a pullback to $42 and then below could cancel current growth expectations and indicate a transition to a downtrend.
Saros (SAROS): On the Rise to the Top
SAROS, powered by Solana, recently bounced off the $0.341 level and continues to gain strength. About 20% remains to the all-time high of $0.427. The altcoin traditionally grows at a fast pace in favorable conditions - 10-12% per day. If it consolidates above $0.399, we can expect that an attempt to test ATH will be a matter of the near future. But if the pressure from sellers increases and the price falls below $0.341 again, the bearish scenario will prevail, and the asset may fall to $0.293.
Each of these cryptocurrencies shows its own signals of strength, but the final picture will depend on the overall market dynamics and investor reaction to current resistance levels.