Three altcoins are hovering just below their all-time highs this weekend, with LEO Token, WhiteBIT Coin, and Rain each within 7% to 13% of their records. The trio was selected based on the same proximity criterion used in last weekend's edition, but broader market conditions — particularly Bitcoin's late-cycle phase — could weigh on their performance.
LEO Token bounces from Fibonacci support
LEO Token trades near $9.80, about 7% below its record of $10.57. The daily chart shows a bounce from the 0.236 Fibonacci retracement near $9.46. The RSI sits around 65, but volume is declining. To reach a new all-time high, LEO needs to break the June 15 swing high.
WhiteBIT Coin faces resistance at $58
WhiteBIT Coin is near $55.66, roughly 13% below its December record of $64.11. It broke down from an ascending channel on May 27 and bottomed on June 5. Now it rests at the 0.618 Fibonacci level near $55.93, with RSI near 55 and fading volume. Reclaiming $58 resistance is the first step toward targeting the peak.
Rain drifts toward support after rejection
Rain trades near $0.0141, about 13% below its June 22 record of $0.01614. It was rejected from resistance near $0.0147 and is now drifting toward support at the 0.382 Fibonacci level near $0.01259. RSI is at 42 with declining volume. Flipping $0.0147 into support would revive the push toward the record.
Bitcoin's late-cycle phase adds uncertainty
The broader market context matters. Bitcoin is in a late-cycle phase, which historically has influenced altcoin performance. While these three coins are close to their highs, fading volume and technical resistance suggest the path may not be straightforward. The weekend will show whether they can build momentum or if headwinds push them further from their records. Traders will be watching for a break of key levels — particularly LEO's June 15 high and WhiteBIT's $58 resistance — to confirm the next move.
