Bitcoin

3 Altcoins To Watch This Weekend | June 6

After a slightly downward week, the coming weekend should be a turning point for the cryptography market. It is if the Trump-Musk quarrel stops, which is unlikely given their tenacity to have the last word.

Beincryptto identified three altcoins to look at this weekend and the direction in which they will take over from the next two days.

1Inch Network (1inch)

The price of the 1-inch should increase over the next two days, because the protocol is undergoing significant upgrade. The 1ip-78 update will present key improvements to stimulate the adoption and use of the 1inch protocol. This upgrade could be a catalyst for a short -term positive price movement.

Although it is down 6% in the last 24 hours, trading at $ 0.1982, 1 inch shows signs of recovery. The Ichimoku cloud indicates a persistent bullish momentum, which could help push the price above the crucial level of support of $ 0.2092. This level of support will be essential to determine the price management.

1 in price analysis.
1 in price analysis. Source: tradingView

If the lowering market conditions are continuing, 1inch may undergo new losses. A drop less than 0.2092 could send Altcoin to $ 0.1886 or even more than $ 0.1793. A drop in these levels would invalidate upward perspectives and could lead to a prolonged downward trend for 1 inch.

Hyperliquid (hype)

Threshing media was one of the most efficient tokens of this week, with an increase of 8%. This strong momentum should continue in the weekend, which can potentially push the price of more than $ 36.47. If this trend is held, the beaten media could see more movement up, which makes one to watch closely.

The Chaikin Money Flow (CMF) indicator shows that despite certain outings, it remains above the zero line. This suggests that there is still a purchase pressure on the market, which could bring the media closer to its high level (ATH) of $ 42.25. The room is currently at 23.8% to reach this level.

Analysis of media threshing prices.
Analysis of media threshing prices. Source: tradingView

If outings are intensifying and the feeling of the market is weakening, the media threshing could undergo a decline. A decrease below the level of support of $ 31.26 would indicate additional weakness, which would result in $ 27.31. Such a scenario would invalidate the current upward perspectives and would move the feeling of the market to the lowering.

Quant (qnt)

QNT has performed well this week, showing solid bullish signals similar to media threw. The exponential mobile averages (EMAS), which recently formed a golden cross, continue to develop. This scheme indicates a sustained optimistic momentum, which suggests that QNT could see other short -term price increases.

The upward momentum could help Qnt to bounce back on the level of support of $ 110, with a potential increase to $ 121. If the price decreases above this resistance, it would open the door to a movement around $ 126. This positive price action indicates that QNT is likely to maintain its upward trend for the moment.

QNT price analysis.
QNT price analysis. Source: tradingView

However, if the price fails to violate $ 121, QNT can continue to consolidate under this level. If the support of $ 110 is lost, the Altcoin could undergo a sharp decline at $ 101, invalidating the current upward perspectives and signaling a transition to lower lower market conditions.

Non-liability clause

In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.

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