This weekend could be a bullish event for the crypto market as wider conditions improve. Altcoin could potentially benefit as Bitcoin stabilizes around $107,000 and eases geopolitical tensions.
Beincrypto has analyzed three Altcoins located to see potential profits this weekend.
aptos (apt)
APT prices rose 28% this week, and are stable at over $5.00 at the time of writing. Altcoin is currently facing resistance at $5.06. This has proven to be an important barrier. Breaking this level is important to maintain upward momentum and keep rising.
Reflecting the $5.06 resistance in support is key to rising APT prices. If successful, the next goal is $5.41, a new monthly high for AltCoin. The parabolic SAR, which acts as a support, further shows that APTs can continue bullish trends and drive price growth.
However, if APT fails to violate $5.06, AltCoin could return to its support level of $4.79. Losing this support could suggest an even more downside, potentially dropping to $4.49. This will override the current bullish outlook and show the potential edge of the uptrend.
Team (team)
The team has grown 7% over the past 24 hours, showing strong bullish momentum. MACD has shown a bullish crossover, suggesting that the uptrend is likely to last through the weekend. This shows that as market sentiment improves in the coming days, the team may maintain its positive momentum.
If the team is able to secure $0.0000144 in support, the price could rise to $0.0000151. However, there is a possibility that a break above this level is unlikely on weekends, as resistance can increase. The bullish momentum could continue, but it is expected to face challenges in the short term when it exceeds critical resistance levels.
If bullish momentum fades and investors decide to cash out, teams could experience a decline. A drop below $0.0000136 shows even more weakness, pushing Altcoin’s price up to $0.0000125 support. Such a fall negates current bullish papers and suggests a change in market sentiment.
sei (sei)
The SEI is up 14% today, helping to recover from the losses experienced yesterday. Altcoin is currently trading at $0.29 and aims to violate the resistance level of $0.30. A successful push beyond this level could set the stage for even more price increases in the near future.
The Chaikin Money Flow (CMF) indicator shows a strong influx into SEI driven by recent bullish momentum. This suggests that demand for Altcoin is on the rise and supports its push above $0.30. Strong purchase interest allows SEI to continue the meeting and could reach $0.35 if momentum applies.
However, if an investor decides to sell its holdings for profit, the SEI could struggle to infringe $0.30, as it has been recently. Failure to hold above this level could drop to $0.24. This will override the short-term bullish outlook and demonstrate a potential reversal of Altcoin’s price action.
Disclaimer
In line with Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Although Beincrypto is committed to accurate and unbiased reporting, market conditions are subject to change without notice. Always carry out your research and consult with an expert before making any financial decisions. Please note that our terms and conditions, privacy policy and disclaimer have been updated.
