Which Cryptos to buy during the dip? 3 Altcoins to watch

Zcash (ZEC) and Hyperliquid (HYPE): An imminent rebound?

After a broader market correction, buyers are attempting to regain control. Zcash (ZEC) has just validated an almost perfect correction by liquidating the support and the long cluster at $500.

However, as mentioned in the previous article, the ideal zone is around $440. Furthermore, a new bearish order block has formed to the upside around $580, just above the POC at $565. The VPFR indicates a liquidity void between $490 and $438, which has a high probability of being filled.

In short, we need to wait for a pullback to $440 and observe ZEC’s reaction at this level. If the bounce is swift and backed by volume, it would suggest that smart money has decided to make this a bottom and a rebound zone. Otherwise, ZEC could retrace to $390, the last stronghold before the bullish momentum fades. Below this level, it is best to avoid entering ZEC and remain patient.

Meanwhile, Hyperliquid (HYPE) delivered a surprise with its pump following the announcement from Coinbase and Circle. However, the token has already wiped out most of its gains since the news broke.

HYPE must now hold its support at $38; otherwise, the path down to $35 is almost guaranteed.

Nevertheless, both assets are showing massive resilience in the face of recent turbulence, with medium-term bullish momentum still firmly intact. Current technical signals resemble the early stages of vertical accumulation, prompting investors to closely monitor these critical levels ahead of the weekly close.

Flare (FLR) breaks its resistance levels: Can it deliver a similar rally?

The real surprise in recent days remains the surge of the Flare (FLR) token. Indeed, it is not lagging behind and displays an equally striking dynamic. After weeks of consolidation, the price managed to break out of a falling wedge, clearing the key resistance at $0.0096. Since then, however, Flare has slipped back below its 3-day POC at $0.94, signaling a loss of short-term momentum.

From now on, FLR must hold the $0.84-$0.85 support. Otherwise, a pullback to $0.79 will be the next price target.

However, this massive move is accompanied by renewed optimism in the derivatives markets. If FLR manages to flip this $0.95 level into new support, the path will be clear for a rapid ascent. Traders are already anticipating a surge that could cause the asset to explode toward new local highs. The challenge now is to stay the course over the weekend and avoid losing the $0.95 mark.

How high can these 3 altcoins go?

The current setup for ZEC, HYPE, and FLR offers particularly attractive trading opportunities. Technical indicators were flashing green, suggesting the market could experience a rally if the volume follows. However, the crypto market decided to pull back this weekend while the stock market is overheating.

The coming weeks will be decisive in confirming these bullish signals. If buyers defend the current support levels, these three altcoins could very well dominate the weekend’s performance and attract massive capital inflows.

Sources:

• BeInCrypto
• Tradingview

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