Against the backdrop of instability in the crypto market, some coins are losing ground, while others confidently storm to new heights. This week has highlighted three altcoins to watch closely: Maple Finance (SYRUP), Bitcoin Cash (BCH), and Joe Coin (JOE).
🟣 SYRUP: New ATH and a chance for continued growth
Maple Finance (SYRUP) updated its historical maximum this week at $0.55, after which it pulled back to the level of $0.49, where it is currently testing key resistance. Successful consolidation above this level could open the way to a target of $0.60, and with strong momentum — even higher. However, if buying activity weakens, a pullback to $0.43 may occur, which would jeopardize the bullish scenario.
🔵 BCH: Attempt to break resistance at $501
Bitcoin Cash strengthened by more than 15% over the week, approaching an important level of $501, which had not been broken since December 2024. The Ichimoku cloud confirms bullish pressure. If the level is broken, the price may accelerate to $529 and above. Otherwise, a return to $446 would cancel the current momentum and indicate a possible local reversal.
🟢 JOE: Growth of 97% and strength test
Joe Coin (JOE) impressed with a jump of almost 100% and is currently holding support at $0.050. The Parabolic SAR indicator maintains a signal for continued growth. If current positions are successfully defended, the target will be $0.060. However, increased selling over the weekend could send the price down to $0.039 or even $0.033, questioning the sustainability of the upward trend.
📊 All three altcoins are now on the verge of important decisions. The future depends on the market's reaction and investors' behavior amid rising volatility. In the context of a changing macroeconomic and geopolitical environment, every movement could mark the beginning of a new trend.