In summary
Aptos (APT) has risen 28% this week, facing resistance at $5.06; a successful breakthrough may push it up to $5.41, while failing to hold above the support level of $4.79 could lead to a drop to $4.49.
Cheems (CHEEMS) has risen 7%, with a bullish MACD crossover; if the support level of $0.00000144 holds, it may rise to $0.00000151, but falling below $0.00000136 indicates weakness.
Sei (SEI) rose 14% today, targeting a resistance level of $0.30; a successful breakthrough may push it up to $0.35, but failing to hold above $0.30 could lead to a drop to $0.24.
With overall market sentiment warming, this weekend may become a positive window period for the crypto market. Bitcoin is stabilizing around $107,000, and with easing geopolitical tensions, altcoins are expected to have opportunities for catch-up gains.
Three altcoins expected to rise this weekend
Aptos (APT)
This week, APT's price has increased by 28%, currently operating steadily above $5.00. In the short term, this cryptocurrency faces strong resistance at $5.06, a price level that has been verified multiple times as a key pressure point. Successfully breaking through this level would open up space for further upward movement, maintaining a strong structure.
If APT can turn $5.06 from resistance to support, the next target for upward movement will be $5.41, refreshing this month's high. Meanwhile, the Parabolic SAR indicator shows that the current uptrend still has continuation potential, likely supporting further upward movement.
However, if APT fails to break through $5.06, the altcoin may fall back to the support level of $4.79. Falling below this support level would indicate further declines, potentially leading APT down to $4.49. This would invalidate the current bullish outlook and suggest that the upward trend may be ending.
Cheems (CHEEMS)
CHEEMS has risen about 7% in the past 24 hours, showing clear upward momentum. The MACD indicator has formed a bullish crossover, suggesting that the price may maintain strength in the short term, with a high possibility of continuing through this weekend. As market sentiment warms, CHEEMS is expected to maintain its current upward pace.
If the cryptocurrency can hold above the support level of $0.00000144, the short-term target price may reach $0.00000151. However, there is still selling pressure above, and it is expected to be difficult to break through key resistance in the short term. Overall, the bullish pattern remains, but short-term performance may primarily be characterized by consolidation.
If bullish momentum fades and investors decide to cash out, CHEEMS may decline. Falling below $0.00000136 would indicate further weakness, pushing the altcoin's price down towards the support level of $0.00000125. Such a decline would overturn the current bullish argument and suggest a shift in market sentiment.
Sei (SEI)
SEI surged 14% today, successfully reversing yesterday's downward trend, currently trading around $0.29, approaching the key resistance level of $0.30. If it successfully breaks through this threshold, it may open an upward channel for sustained short-term increases.
From the Chaikin Money Flow (CMF) indicator, the market is seeing a significant influx of buying funds, reflecting investors' growing interest in SEI. This positive capital momentum provides strong support for its push towards $0.30 and potentially higher. If the current momentum is maintained, SEI does not rule out further upward movement in the short term, with the possibility of challenging $0.35 gradually increasing.
However, if investors decide to sell their holdings for profit, SEI may struggle to break through $0.30 like it did recently. If it fails to hold this level, it may drop to $0.24. This would invalidate the short-term bullish outlook, indicating a potential reversal in the price trend of this altcoin.