🚀 Top Crypto Gainers Defy Market Odds: OKB, IP, HYPE Surge as Bitcoin Stumbles to $100K

While Bitcoin's sudden 10% drop to $100,000 sent shockwaves through crypto markets, three altcoins are laughing all the way to the exchange.

The Unstoppable Trio

OKB leads the charge with a 15% daily gain—proving exchange tokens still pack punch. IP follows with an 11% rally, its AI narrative cutting through the bearish noise. Meanwhile meme coin HYPE delivered a classic 20% 'buy the dip' performance, because fundamentals are overrated anyway.

What Traders Aren't Saying

No one's admitting they FOMO'd into these positions after three espresso martinis. The 'smart money' claims they saw this divergence coming—just ignore their liquidated BTC leverage positions from yesterday.

As one hedge fund manager (who definitely isn't scrambling) told us: 'This is healthy decoupling.' Translation: Our altcoin bags need pumping while Bitcoin sorts itself out.

OKB’s trend reversal gains strength 

OKB records a jump of over 6% at press time on Monday, marking a bullish start to the week. With a bullish engulfing candle forming, OKB undermines the three-day drop, testing the $50 psychological support level. 

A close above $53.88 will mark a new high daily close price in June, potentially extending the uptrend towards $56.17, last tested on May 10. 

Turning to momentum indicators, the Moving Average Convergence/Divergence (MACD) indicator nears its signal line for a bullish crossover, indicating a potential trend reversal. 

The Relative Strength Index (RSI) at 55 takes another sharp reversal, crossing above the halfway line, which projects a resurgence of bullish momentum. The indicator supports upside potential with room for growth before reaching the overbought conditions. 

OKB/USDT daily price chart.

However, the 24-hour high at $56.48 creates a long upper shadow as seen in the bearish reversal last week. A failure to close above $53.88 could prolong a sideways trend. 

Story to bounce back within a falling channel

Story edges higher by 10%, crossing the $3 mark at press time on Monday, suggesting a trend reversal from a support trendline formed by the lows on March 7, April 7, and June 19. To put a falling channel in perspective, a resistance trendline formed by lower highs on February 26, March 25, May 11, and May 22 runs parallel to the support trendline. 

Story targets the upper trendline NEAR $3.78, aligned with the closing price on May 30. 

The MACD indicator reverses within the negative territory, concurrent with the declining red histogram bars. A potential bullish crossover between the MACD and signal lines, with bullish histograms rising above the zero line, is considered a buy signal.

The RSI at 38 springs from the oversold zone, signaling a boost in bullish momentum and a potential upswing within the channel before it reaches overbought conditions. 

IP/USDT daily price chart.

If Story loses the intraday gains, it could retest last week’s low at $2.43. 

HYPE regains bullish momentum at key trendline 

Hyperliquid reports a minor growth of under 1% at the time of writing on Monday. HYPE marks the third consecutive bullish candle, extending the 7% weekend recovery.

A support trendline formed higher lows on April 7, April 28, May 6, and June 20. The immediate resistance for HYPE aligns with the May 25 swing high at $39.05. 

The MACD indicator inches closer towards its signal line for a bullish crossover, considered a trend reversal and buy signal. The RSI at 49 reverses towards the halfway line as bullish momentum replenishes, indicating a potential uptrend continuation. 

HYPE/USDT daily price chart.

However, if HYPE closes under the support trendline, aligning with Sunday’s opening price at $34.40, it could extend the decline to $28.81, last tested on May 17.