As the final month of Q3 begins, the question of what the market has in store for crypto assets arises again. While the broader market cues suggest mild to strong bearishness going forward, key network developments could change the trajectory of the altcoins.
BeInCrypto has analysed three such altcoins that the investors should watch in the coming few days.
Conflux (CFX)
CFX price is poised for a potential surge this week as the network prepares for the Conflux 3.0.1 hardfork upgrade. The update will activate CIP 156, a significant improvement aimed at enhancing network performance. Such developments often serve as catalysts for positive sentiment surrounding the native altcoin’s market value.
A network upgrade is historically a bullish indicator, and CFX could benefit in a similar fashion. The altcoin may rebound from $0.178 support, breaking through $0.196 resistance. A successful push above $0.200 would confirm renewed investor confidence, assuming market participants react positively to the hard fork’s implementation and expected benefits.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
If the upgrade fails to generate sufficient momentum, CFX could remain stuck under $0.196. Continued weakness may force the token to slip below $0.178 support, potentially targeting $0.170 or even lower. Such a movement would limit recovery efforts.
Ondo (ONDO)
ONDO is trading at $0.872, slipping just below its $0.873 support level. The altcoin is showing mild bearishness as a Death Cross has formed on the exponential moving averages. This technical indicator signals caution, suggesting that downside pressure could continue.
Despite current weakness, ONDO is preparing for a major announcement scheduled for September 3. The project hinted at the development last week stating that “Markets Are Going Global.” This update is anticipated to expand ONDO’s reach significantly.
If the announcement delivers, ONDO could bounce back from $0.873, potentially flipping $0.944 into support. Such momentum may push the altcoin toward $1.076, recovering lost ground. However, if the Death Cross trend intensifies and buyers remain hesitant, ONDO risks sliding down to $0.800, extending investor losses further.
Immutable (IMX)
IMX has been trending downward for the past few weeks, now trading at $0.498. The price is testing this level as support, creating a critical zone for the altcoin. The Ichimoku Cloud, however, suggests bullish momentum may emerge, signaling a potential recovery phase for Immutable’s native token.
Investors should remain cautious as 24.52 million IMX tokens, valued at more than $12 million, are set to unlock soon. The increased supply could apply significant selling pressure on the market. If demand fails to absorb this, IMX may drop toward $0.470 or even $0.432, extending losses.
If bullish sentiment prevails, IMX could hold above $0.498 and stabilize. Stronger market cues could push the token past $0.548, establishing a new support level. Such a move would help invalidate the bearish momentum and create room for recovery.
The post 3 Altcoins To Watch In The First Week Of September 2025 appeared first on BeInCrypto.