Top Altcoins to Watch Today, June 23 – Hedera, XRP, Hyperliquid

Highlights:

• HBAR tests multi-year support as its falling wedge approaches a possible breakout point.
• XRP holds near $1.10 support while traders watch for a move above descending resistance.
• HYPE remains constructive above $59, with $74.60 acting as the next major resistance.

Crypto prices are trending lower on Tuesday, with the overall market capitalization down more than 2% to $2.15 trillion. Despite the decline, the 24-hour trading volume has surged by nearly 20% to $66 billion, suggesting increased market activity. Moreover, the fear and greed index remains at 22, indicating fear in the market.

Bitcoin has dropped toward the $63K region while most of the leading altcoins trade in the red. With market pullbacks always seen as entry opportunities, here is a look at the top altcoins to watch today, such as Hedera, XRP, and Hyperliquid.

Top Altcoins to Watch Today

1. Hedera (HBAR)

Hedera is down by 2.40% over the last 24 hours, pushing the price to $0.07726. This latest bearish setback has seen HBAR drop by 4% and 12% on the weekly and monthly charts, respectively. Its market cap stands at $3.40 billion.

HBAR is near $0.0800 while testing a multi-year demand area on the weekly timeframe. Crypto analyst Token Talk has identified a falling wedge, with price compressing between descending resistance and rising support. The Relative Strength Index is standing near 36, close to levels that previously accompanied reversals.

$HBAR is testing a major multi-year support zone.

Price has compressed into a falling wedge while RSI sits near historical reversal levels.

Holding this demand area could trigger a strong relief rally. pic.twitter.com/N4nK8YfxUI

— Token Talk (@TokenTalk3x) June 22, 2026

A confirmed hold above support could open a recovery toward the $0.10 to $0.13 resistance zone. However, HBAR must break the wedge’s upper boundary before that target gains technical support. A weekly close below the rising trendline would weaken the setup and expose lower price levels.

2. XRP

XRP has extended its downtrend as the price slides by nearly 2% on the daily chart. The price is hovering around $1.11 with a market capitalization of $70 billion. However, the trading volume has surged by 25% to $1.37 billion.

XRP is emerging as one of the top altcoins to watch today as it prepares for a breakout above the prolonged descending channel. XRP is testing horizontal support around $1.10 to $1.12 on the 4-hour chart. The price has remained below a descending trendline, which has capped rebounds since the mid-June peak near $1.28.

Meanwhile, momentum indicators also support the imminent breakout as they hold neutral regions. The RSI is at 34.74 levels, while the MACD line aligns with the signal line and the histogram remains neutral. Holding support could produce a relief bounce toward $1.15, where trendline resistance currently sits. However, a clear break beneath support may expose lower levels and cancel the near-term recovery setup over the coming sessions.

3. Hyperliquid (HYPE)

Hyperliquid is trading around $65.27, down by 1.30% following the broader market downturn. The price is down by 10% on the weekly chart, despite the monthly surge of 6%. Its market cap and trading volume stand at $16 billion and $565 million, respectively.

HYPE has remained constructive while the price holds above the $59 support zone. The altcoin is trading near $70 after retesting the breakout area between $57.05 and $59.54. This rebound has kept the earlier cup formation intact and places $74.60 back within reach.

#HYPE

74.60$ direnci kapıda.

🟢 59$ üzerinde kaldığı sürece görünüm pozitif.
🎯 İlk hedef ve kritik direnç: 74.60$
🔥 Bu seviyenin hacimli kırılması halinde 172$ hedefi yeniden masaya gelecek.

Dostlar $HYPE çanak formasyonu kırılımı sonrası beklediğimiz şekilde 74.60$… https://t.co/AOqtqJQvol pic.twitter.com/lZD7qYErrb

— Bitcoin Meraklısı (@Bitcoinmeraklsi) June 22, 2026

The analyst has identified $74.60 as the immediate resistance controlling the next move. A daily close above that level, supported by stronger volume, could again open a path toward $172. Failure to clear resistance may keep HYPE consolidating, while a break below $59 would weaken the current bullish structure.