Altcoin Newsletter #267
Features analysis on Altcoins such as SUI ALGO CPOOL FET HBAR HYPE
Welcome to the Rekt Capital Newsletter, a resource for investors who want to better navigate the crypto markets with the help of cutting-edge crypto research and unbiased market analysis.
In today’s Altcoin newsletter I cover the following Altcoins – specifically:
- Sui (SUI)
- Algorand (ALGO)
- Clearpool (CPOOL)
- Fetch.ai (FET)
- Hedera (HBAR)
- Hyperliquid (HYPE)
These Altcoin TA requests are made by valued readers of the Rekt Capital Premium Newsletter.
Let’s dive in...
Sui – SUI/USDT
Sui has Monthly Closed below the $0.96 Macro Range Low (black) last month, which now means that price is positioned for a potential bearish retest of said level into new resistance.
If this level continues to act as resistance, price could fully confirm a breakdown from here to drop into the $0.70 (blue) level over time.
Meanwhile, from a fundamental standpoint, SUI has enjoyed a major development: Hashi has launched on devnet.
Hashi will unlock a more transparent framework for institutional Bitcoin participation at scale, offering a new capital-efficient foundation for Bitcoin-backed finance built on SUI.
Hashi will bring core financial services like credit origination and lending to a transparent, compliant environment on SUI.
Algorand – ALGO/USDT
Algorand has lost its multi-year Macro Uptrend (black trendline), with price turning that structure into resistance via a post-breakdown retest.
At the same time, price also rejected from the Range High of the prior accumulation structure, with the upside wick confirming that level as new resistance as well.
This effectively formed a double bearish retest, where both the Macro Uptrend and Range High were rejected simultaneously.
Following that rejection, price continued lower and Monthly Closed below the Range Low, a level that previously acted as a key trend reversal zone throughout 2023 and 2024.
Now, that same level is being turned into resistance, with current price action reinforcing it as supply rather than support.
If this continues, the key trigger is whether $0.09 (black horizontal) continues to act as resistance.
Sustained rejection here would place increasing pressure on the double downside wicks forming the 2026 lows (green and orange circles).
If those lows begin to weaken, price could lose them as support over time, opening the door to negative Price Discovery and the formation of new lows.
The structure remains bearish unless price can reclaim $0.09 as support on a Monthly Close basis.