Selected altcoins — WhiteBIT Coin (WBT), Hyperliquid (HYPE), and Venice Token (VVV) — all established new all-time highs (ATH) between September 21 and 23. Entering the weekend, each token currently trades between 4% and 12% below those recent peaks.
WBT and HYPE are back on the watchlist after surpassing their previous records. Even so, a bearish RSI divergence visible on all three charts indicates that pushing toward the next leg higher might prove difficult.
WBT Sits 4.7% Below Its Record
Late August saw WBT break out past the 0.618 Fibonacci retracement level of $62.48 before climbing to an earlier peak close to $75.
Beginning September 7, the token extended its upward movement inside an ascending parallel channel. Price eventually hit the initial target at the 1.272 Fibonacci extension near $84, establishing a fresh record of $87.99.
Since then, WBT has retreated to that same target level, which now coincides with the bottom boundary of the channel. A successful bounce could pave the way toward the 1.618 extension of $95.37, representing an increase of roughly 13.5%.
At the same time, trading volume is dropping, and the Relative Strength Index (RSI) has eased to 67, accompanied by early signs of bearish divergence. Should the channel break down, WBT could slide back toward $75, marking an 11% decline.
HYPE Needs 6.1% for a New Peak
HYPE has successfully hit its first target at the 1.272 Fibonacci extension of $92.37. The subsequent target rests at the 1.618 extension close to $111.93, which is about 21% higher.
However, the technical setup reveals a notable bearish divergence. The RSI hit a peak of 82 on August 23 when HYPE was valued near $82.50. Since then, the price has moved above $92, while the RSI has pulled back to 63.
This discrepancy points to waning buying strength. A market correction might first test the former ATH near $77, sitting roughly 17% under current values.
Further down, an ascending trendline originating in late January provides support near $61, while the 0.618 Fibonacci retracement at $55.41 offers a deeper support zone.
VVV Faces the Longest Climb to a Record
To break its $34.61 record, VVV requires an 11.7% price rally. With an RSI reading of 68, the token maintains its overall bullish structure.
The initial objective stands at the 1.272 Fibonacci extension of $36.76, roughly 19% above current trading levels. Reaching this mark would also establish a new ATH, with the subsequent target positioned at the 1.618 extension near $46.26.
Regarding support on the downside, the previous record of $29.29 is expected to act as a floor. If that level fails to hold, the high from June 3 near $21.47 serves as an additional robust support confluence.
In summary, WBT faces the shortest route toward a new record. HYPE presents the most prominent warning indicator, whereas VVV offers the greatest potential upside alongside the steepest climb.
| Token | Price | ATH | Distance to ATH | Next target | Key support |
|---|---|---|---|---|---|
| WBT | $84.04 | $87.99 | 4.7% | $95.37 | $84 / $75 |
| HYPE | $92.38 | $97.99 | 6.1% | $111.93 | $77 / $61 |
| VVV | $30.99 | $34.61 | 11.7% | $36.76 | $29.29 / $21.47 |
Frequently Asked Questions
Which altcoins recently set new all-time highs?
WhiteBIT Coin (WBT), Hyperliquid (HYPE), and Venice Token (VVV) all set new all-time highs between September 21 and 23.
How far below their peak prices are these altcoins trading?
Heading into the weekend, each token is trading between 4% and 12% below its record peak.
Which token has the shortest path to a new record?
WBT has the shortest path to a new record, sitting just 4.7% below its all-time high.
What common technical indicator warning is present on all three charts?
Bearish Relative Strength Index (RSI) divergence has appeared on all three charts, suggesting that the next leg higher may face resistance.
