3 Notable Altcoins This Weekend

After a week of slight fall, the weekend is expected to be a crucial time for the crypto market as the discord between Trump and Musk seems unlikely to cease.

Let's take a look with Bitcoin Magazine at 3 noteworthy altcoins this weekend and their direction over the next two days.

1Inch Network (1INCH)

The price of 1INCH is expected to rise in the next two days as the protocol undergoes a major upgrade.

The update 1IP-78 will introduce important improvements aimed at promoting the adoption and use of the 1inch Protocol, which could be a catalyst for positive price volatility in the short term.

Although it has fallen 6% in the past 24 hours, trading around $0.1988, 1INCH still shows signs of recovery.

The Ichimoku Cloud shows continuous growth momentum, which could help push the price above the important support level at $0.2092. This support level will be key in determining the direction of the price.

1INCH Price Analysis | Source: TradingViewIf the market situation continues to weaken, 1INCH may suffer further losses. A fall below $0.2092 could cause this altcoin to return to $0.1886 or even lower at $0.1793.

Falling below these levels will invalidate the bullish outlook and may lead to a prolonged bearish trend for 1INCH.

Hyperliquid (HYPE)

HYPE is one of the best-performing tokens this week, with a rise of 8%. The strong momentum is expected to continue into the weekend, potentially pushing the price above $36.47.

If the trend is extended, HYPE could see a stronger price increase, making it one of the tokens to watch closely.

Although the Chaikin Money Flow (CMF) indicator recorded an outflow of capital, it remains above 0. This indicates buying pressure in the market, which could bring HYPE closer to the ATH level at $42.25, corresponding to an increase of 23.8% compared to the current price.

HYPE Price Analysis | Source: TradingViewIf the outflow of capital increases sharply and market sentiment weakens, HYPE may fall. A drop below the support level of $31.26 could trigger a decline to $27.31. Such a scenario would invalidate the current bullish outlook and shift market sentiment to bearish.

Quant (QNT)

QNT has performed well this week, showing strong bullish signals similar to HYPE.

The exponential moving average (EMA) has recently formed a Golden Cross, continuing to expand. This pattern indicates sustainable bullish momentum, with QNT likely to see further price increases in the near future.

The bullish momentum may help QNT bounce off the support level of $110, with the potential to rise above $121. If the price surpasses this resistance level, it will open the door for a move towards $126.

Positive price action indicates that QNT has the ability to maintain its upward trend at the present time.

QNT Price Analysis | Source: TradingViewHowever, if it does not surpass $121, QNT may continue to consolidate below this level. If it returns below the support level of $110, the altcoin could fall sharply to $101, invalidating the current bullish outlook and signaling a shift to a bearish market.

Vincent