The post Top Mid-Cap Altcoins to Buy During This Crash appeared first on Coinpedia Fintech News
In the heart of a market crash, seasoned investors don’t panic, they reposition. Mid-cap altcoins, often overshadowed by giants like BTC and ETH, tend to give higher returns when the cycle turns. As of today, the total valuation of the crypto market stands at $3.76 trillion, with a weekly decline of 3.32%.
While Bitcoin dominance is up at 61.1%, Ethereum’s share has come down to 11.8%. The Fear & Greed Index hovers at 57, indicating neutral sentiment. Amidst this sentiment, I am optimistic about bagging some XMR, HYPE, and SUI. Why do you ask? Join me as I take you through potential targets.
Top Picks This Crash to Cash
Monero (XMR):
Monero is currently trading at around $307.59, with a market cap of ~$5.66 billion, down by 4.79% in the past week. Despite a notable upgrade via the Saga Network on July 16, which improved transaction validation and scalability, the token has seen considerable sell pressure. Which is partly due to uncertainty stemming from Qubic-related attack narratives.
The price recently broke below the psychological level of $309 and is now hovering close to a long-term support band between $290 and $320. The RSI sits near 39.97, signaling it’s entering oversold territory. While the technicals hint at exhaustion, fundamental tailwinds like growing interest in privacy coins could push the XMR price to $400 in the future.
Hyperliquid (HYPE):
Hyperliquid price has dipped to $39.70, a decline of nearly 5.87% week-over-week, bringing its market cap to about $13.23B. Despite its cutting-edge release of HyperCore and HyperEVM, which allow general-purpose dApps and seamless chain composability, HYPE has struggled due to broad market weakness and long liquidations.
The token is now down about 20% from its peak, nearing its 78.6% Fibonacci retracement level around $35. RSI has plunged to 30.89, firmly in oversold territory. With anticipation building around native ERC-20 transfers in the next rollout, any rebound could present a 20–30%. That being said, we can expect the targets at $44.65 and $56.7 to be viable.
SUI:
Sui is currently changing hands at $3.46, with a market cap of $11.98B, marking a 6.09% loss over the last week. A major token unlock occurred on August 1, releasing $210.41M worth of SUI tokens, which is about 1.65% of its circulating supply. While token unlocks are often bearish, they can also represent accumulation opportunities after initial panic subsides.
Looking at the technical side, SUI is testing its critical support zone at $3.45, while RSI is neutral around 45. Despite some selling, the structure remains intact as it holds above the lower Bollinger Band. If SUI can reclaim the midline at ~$3.86, it might open the door to a rally toward resistance zones at $4.75 or even $5.50 for SUI price.
FAQs
Monero is near long-term support with an RSI around 39, signaling oversold conditions. It can be a good buy the dip, as XMR could rebound toward the $400 mark.
The price of 1 SUI at the time of press is $3.46, with an intraday change of -11.9%