The cryptocurrency market has recorded increased volatility amid the ongoing war tensions in the Middle East. Amid the Iran-Israel war, the U.S. also joined in and bombed Iran’s nuclear power plants, leading to a crypto market shake-up. This has resulted in major tokens recording a pullback in their portfolios.
While Bitcoin price is retesting $100,000, the altcoin market experiences a major setback during the previous week. Following this, investors have entered into a FOMO-like situation as the uncertainty once again looms over the crypto industry.
Are you planning on investing in the altcoin market before the tensions deescalate? In this article, we have uncovered some altcoins that have a potential to make a strong bullish comeback in the coming time.
XRP Price Retests Its Crucial $2 Support
The XRP price today has dropped below its $2 mark for the first time since April 2025, highlighting increased selling pressure. Moreover, with a weekly correction of approximately 15%, its market valuation has dropped to $116.26 billion with a market dominance of 3.7954%.
Both the average trendlines of the Stochastic RSI have breached the oversold range in the XRP price chart. However, it shows a potential bullish reversal, suggesting a high possibility of a bounceback in the upcoming time.
If the XRP token maintains its bearish price action, this could result in it retesting its immediate support level of $1.94. Moreover, the lower support level stands at $1.7240. On the other hand, a bullish reversal could push the price toward its upper test levels of $2.14 or $2.35.
Hyperliquid Price Holds Strong Support
Despite increased volatility, the HYPE price has successfully retested its important support zone around the $34 mark. Notably, the Hyperliquid price has maintained its value above this level in June, suggesting a strong support point around this level. It could pave the way for further gains.
The Moving Average Convergence Divergence (MACD) indicator shows a strong red histogram in the HYPE price chart. While the EMA 20-day acts as a resistance, the EMA 50-day trendline shows a strong support around the $32 mark, suggesting a potential reversal point for the altcoin in the market.
If the bulls regain momentum, the Hyperliquid crypto may head toward its upper price targets of $37 or $42 this month. Conversely, increased liquidation may result in it breaking down its important support zone and retesting its low of $27.425.
Make Or Break Situation For Pepe Coin?
Solana memecoin Pepe has seen its price crash over 20% in the last seven days, resulting in it dropping below its important support trend level of $0.00000900. Moreover, the frog-themed memecoin has lost approximately 36% in 30 days and has a Year-to-Date (YTD) return of -55.35%, indicating a huge room for a strong bullish reversal.
The SMA indicator constantly hovers above the PEPE memecoin in the daily time frame. Additionally, the RSI indicator shows a positive move just above the oversold range and is valued at 32.58 at the time of writing. Considering these sentiments, the PEPE coin price could regain momentum shortly.
If the Pepe price fails to hold the support of $0.0000090, this may result in it plunging toward its crucial low of $0.00000570. Positively, if the odds favor the market, this could push the price of PEPE memecoin toward its $0.00001210 mark.
Bonus Altcoin Pick Amid Iran-Israel Conflict
While the above-mentioned three tokens are recording consolidation amid the Iran-Israel war, there is another token that has regained the market spotlight over the past few days. The altcoin we’re talking about is Story (IP). While the market experienced a setback, this token has displayed huge waves. With its latest action of adding over 17% in 24 hours, Story crypto could be a potential watch for the list.
Also Read: BlackRock Bitcoin ETF Ranks Top 4 in ETF Inflows for 2025
