The cryptocurrency market faces continued challenges, with Bitcoin (BTC) slipping below the $100,000 threshold and Ethereum (ETH) dropping under $3,000.

While the overall market struggles for momentum, certain altcoins are catching the eye of investors due to significant price changes.

One of the hot altcoins today is Layer-1 coin SUI, currently trading at $3.11, experiencing a 17% decline in the last 24 hours. This price dip marks its lowest point since November, signaling increasing bearish pressure.

SUI's Moving Average Convergence Divergence (MACD) indicator on the daily chart corroborates the weakening interest in the altcoin.

As of now, the blue MACD line sits below the orange signal line, indicating a bearish trend that could lead to further price drops for the asset.

If the downtrend persists, SUI's price might plummet to $2.10. Conversely, an upward trend could propel the price towards $5.35.

In a twist, Hyperliquid (HYPE) is also making waves in the market as its value has risen by 3% amidst the broader market downturn.

The growth in HYPE's Relative Strength Index (RSI) points to increasing demand for the altcoin, with the RSI trending upwards at 50.76.

With an RSI below 50.52, showing bullish momentum but not in the overbought phase, HYPE's price might surge to $27.57 if buying pressure continues.

On the downside, a bearish scenario could drag HYPE's price down to $18.50.

Shifting attention to Official Trump (TRUMP), the meme coin linked to Donald Trump, is also in the spotlight today, witnessing a 16% price decrease in the last 24 hours.

TRUMP's significant price drop accompanied by a 28% spike in trading volume suggests intense selling pressure, hinting at a potential further decline in price to $15.78.

However, a reversal in market sentiment could push TRUMP's value up to $22.22 in a bullish scenario.