The king of cryptocurrencies did not have a good start today, but it is showing some signs of recovery in the coming hours. Altcoins remained largely stable today. The situation was a bit different over the weekend. Some altcoins rose in defiance of the general market stagnation. So what do the current predictions indicate for the 3 altcoins that dominated the week?
Curve DAO Token (CRV) Analysis
Since February 21, the price of CRV Token has been below the resistance line. This resistance was last tested on July 14 with the support of the Ripple summary decision but was rejected multiple times. Resistance rejections usually allow sellers to gain more power, and that’s exactly what happened. By September 13, the price had dropped to $0.38.
After hitting bottom, the CRV Token bulls are fighting to regain the $0.50 horizontal area. If this attempt fails, the price is likely to fall to the $0.3 support area. In a positive scenario, a recovery up to $0.85 could be seen.
LINK Coin Chart Analysis
Thanks to Swift and other global partners, Chainlink is consolidating its leadership position in its field. The recent good news has been supportive for the price as well. On September 19, the LINK price broke out of the descending resistance line that has been in place since July 20. After the $5.6 bottom in mid-August, the upward momentum gained strength.
If the upward trend continues, the next resistance is 15% higher than the current price. In this scenario, we may see a move towards $8.35. However, if the price starts following the general market again, it may return to the declining resistance line at $6.4.
Aptos (APT) Coin Analysis
The price of Aptos has been rising since September 11, and the bulls gained momentum on September 24. The critical area is the $5.4 resistance area. The price level that has been serving as support since June 2023 has turned into resistance due to the subsequent sell-offs. This area also coincides with a descending resistance line that has been in place since early June. Therefore, it is difficult to talk about a clear reversal unless it is overcome.
In a positive scenario, the target for APT Coin is $7.85. However, in the opposite scenario, a rapid series of losses down to $4 could be observed.
