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🟢 3 Altcoins to Watch This Week Based on On-Chain Signals (June 1–7)
As Bitcoin holds strong around $70K and Ethereum shows early signs of leading a decoupling rally, several altcoins are flashing bullish signals based on on-chain metrics, sentiment data, and ecosystem news.
Here are 3 altcoins I’m watching closely this week:
🚀 1. Arbitrum (ARB)
TVL up 6.4% in the last 24 hours — strongest move among L2s.
Whale addresses (100K–1M ARB) have accumulated over 12M tokens since May 25.
Catalyst: Post-EIP-7623 scaling narrative + growing DeFi activity.
📈 Support: $1.13 | Resistance: $1.26
📊 Personal chart analysis attached (4H + RSI + OBV).
🎨 2. Render (RNDR)
Render continues to benefit from the AI + GPU narrative, especially after NVIDIA's Q2 earnings beat.
Santiment shows a +25% spike in social dominance and volume.
Catalyst: Anticipated Mainnet progress and AI gaming integration updates.
📈 Support: $9.70 | Resistance: $11.20
📊 1D chart shows bullish divergence forming with MACD cross.
🐸 3. PEPE
Despite being high-risk, PEPE is back on the radar with increased burn activity and community volume.
DEXTools shows rising liquidity and trending token status again.
Catalyst: Meme coin rotation post-WIF pullback and TikTok virality.
📈 Support: $0.000011 | Resistance: $0.0000135
📊 Chart shows breakout from consolidation range.
🧠 Final Thoughts
These picks are based on current momentum, sentiment, and catalyst potential. I'm personally watching these charts and rotating accordingly — always use risk management.
DYOR – Not Financial Advice
If you want updates midweek, drop a comment and I’ll share how these 3 performed 📊
#Altcoins #CryptoAnalysis #BinanceFeed #TradingSignals #ARB #RNDR #PEPE #WriteAndEarn
I hope the above helped for this week's Altcoins to Watch! Have a great day !