The coming weekend could be a turning point for the altcoins considering Bitcoin begun noting recovery this past week. In addition to broader market cues, other external developments could also play a role in altcoins’ price action.
BeInCrypto has analysed three such altcoins that the investors should watch over the coming weekend.
MANTRA (OM)
OM price declined 14% over the past week, currently trading at $0.207. The altcoin is testing the $0.200 support level, a critical threshold for maintaining short-term stability. Holding this line could prevent further losses and provide a base for potential recovery in the days ahead.
This weekend may serve as a catalyst for OM, as MANTRA shifts Association liquidity from the OM/USDC pool on Osmosis to MANTRA Swap. Consolidating liquidity is expected to deepen trading pools and improve efficiency. If successful, OM could rise toward $0.228 resistance, supporting short-term price recovery momentum.
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If bearish pressure persists, OM risks falling below $0.200. Losing this crucial support could drive the altcoin further down to $0.188. Such a decline would erase any chance of near-term recovery and invalidate the current bullish thesis, leaving OM exposed to extended downside risk in the market.
Memecore (M)
M has become one of the most trending cryptocurrencies, surging nearly 300% within a week. The impressive rally pushed the altcoin to a new all-time high of $1.74. This sharp rise highlights renewed investor interest and speculative momentum driving the token’s performance.
The bullish outlook for M remains intact as technical indicators support continued growth. With the weekend expected to bring increased volatility, the Parabolic SAR positioned below the candlesticks signals an active uptrend.
If momentum holds, M could climb toward $2.00 and form another all-time high. However, profit-taking remains a risk. Should investors sell their holdings, the altcoin could lose ground and slip toward the $1.14 support level, undermining recent gains and weakening the current bullish outlook.
Polygon (POL)
POL price has gained 15.4% over the past week, currently trading at $0.286. Despite the bullish performance, the altcoin remains capped under the $0.292 resistance. Breaking this level will be critical for POL to maintain upward momentum.
Technical indicators suggest potential strength ahead, with the EMAs signaling a possible Golden Cross if bullish momentum continues. Such a development would confirm long-term optimism, allowing POL to push past $0.292 and potentially rise above $0.300.
If selling pressure emerges, POL could lose momentum and fall back to $0.271 support. A sharper decline could drag the price down to $0.256, invalidating the bullish setup. This would weaken market sentiment and highlight the risks of volatility still present in the altcoin’s price trajectory.
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