The cryptocurrency market displayed a volatile graph this week; while some tokens showed an increase, others lost value. During this process, altcoins like Maple Finance (SYRUP) that saw new peaks also stood out. As BeInCrypto, we have examined three altcoins that investors should pay attention to this weekend.
Maple Finance (SYRUP)
SYRUP reached a new all-time high of $0.55 this week. It then experienced a slight pullback, dropping to $0.49. This price is seen as a critical support point, and staying above it is vital for the continuation of the uptrend. If SYRUP can hold above $0.49, the next target could be a move towards $0.60. Overall market sentiment is positive; this is also a factor supporting the token's rise. On the other hand, if selling pressure increases and the $0.43 support is broken, the uptrend may be interrupted.
Bitcoin Cash (BCH)
BCH has gained 15.6% in value over the last week, trading around $490. BCH, powered by Bitcoin's positive performance, is approaching the critical resistance point of $501. The Ichimoku Cloud indicator gives a strong momentum signal for BCH, which has not been able to break this level since December 2024. If closures occur above $501, the price is expected to rise to $529. However, if this resistance cannot be surpassed, there is a risk of the price declining to $446 with accelerating sales. Such a scenario could indicate a short-term negative reversal for BCH.
Joe Coin (JOE)
JOE made an impressive breakout this week, reaching $0.055 with a 97% increase. Maintaining the $0.050 support is important for the continuation of the uptrend. The Parabolic SAR indicator is also giving bullish signals, which strengthens the potential for the price to move towards $0.060. However, if selling increases at the weekend and the $0.050 support is broken, the price could decline to $0.039 or even $0.033. Such a drop could weaken the current positive outlook and lead to a negative change in investor sentiment.
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