Altcoins Fartcoin and Hyperliquid Defy Market Correction Amidst U.S.-China Tariff War

Amidst the ongoing market correction and the impact of the U.S.-led "tariff war" on global crypto markets, some altcoins have shown resilience. Fartcoin (FARTCOIN) and Hyperliquid (HYPE) are two such altcoins that have stood strong despite the bearish sentiment.

The 'tariff war' has led to a significant loss of over $500 billion in the crypto market in just a couple of days. While the possibility of an Altseason remains uncertain, with the ETH price below the crucial range, a few altcoins like Fartcoin and Hyperliquid have demonstrated strength.

Fartcoin (FARTCOIN) has maintained an elevated price despite the bearish global market conditions. The token experienced a substantial 50% drop over the weekend but started the new week on a bullish note. However, the bearish pressure on FARTCOIN is expected to intensify, potentially leading to a further decline below $0.5 in the coming days.

The short-term price action of FARTCOIN suggests that the bulls may soon exhaust their strength, as they have already utilized it to lift the levels from the local support zone between $0.55 and $0.59. Additionally, the stochastic RSI has reached the overbought zone in the short term, which may trigger a healthy correction due to the bearish crossover of RSI levels. If FARTCOIN falls below the mentioned support, it could experience a significant drop below $0.5 in the next few days.

In contrast to Fartcoin, Hyperliquid (HYPE) appears poised for a bullish breakout. Although the bearish influence may continue to prevail, the bulls are expected to mount a strong rally that could help the token break above the resistance in the next few hours.

Since its inception, the HYPE price has been trading within a decisive symmetrical triangle. After breaking the upper resistance, the price aimed for $30 but was restricted around $28, triggering a massive pullback. Currently, the price has entered the bullish range and is expected to consolidate until it reaches the apex, followed by a breakout to the interim resistance at $25. If the rally sustains above the range, a further rise to $30 could be imminent.