3 Crypto to Watch for This Week

Jakarta, Pintu News – Bitcoin (BTC) briefly showed signs of forming a new record high price today, but then fell back near a major support level.

Nonetheless, this short-lived price increase sparked positive sentiment among altcoins.

Recently, the BeInCrypto website highlighted three altcoins that, along with the upcoming major developments, are becoming important assets that investors need to pay close attention to.

Maker (MKR)

Maker (MKR) price fell by 12% over the past week, but has the potential to rebound as the first phase of MKR’s upgrade to SKY commenced on May 19.

Read also: 3 Cryptos to Hunt Before Donald Trump’s Gala Dinner This Week!

This transition is part of Maker’s rebranding to Sky, which aims to complete the transformation of its ecosystem and attract investors.

The approval of the Executive Vote will make SKY the governance token in the Sky Ecosystem. This shift in strategy has the potential to drive MKR’s price recovery to reach $1,894, and could even break the key resistance level at $2,188, which would indicate a return of bullish momentum in the market.

However, if MKR falls below the $1,655 support level, there is a risk of a further drop to $1,555 or even to $1,325. This drop would invalidate the bullish projection and indicate increasing selling pressure and the possibility of a longer downward trend.

OFFICIAL TRUMP (TRUMP)

TRUMP’s price still tends to stagnate due to low volatility, but bullish market signals are holding it back.

The Ichimoku cloud below the candlestick shows stability, indicating the potential for consistent price movement amid the broader market’s positive trend.

The OFFICIAL TRUMP token is expected to get a major boost on May 22, coinciding with the Day of the TRUMP Dinner, where the top 220 TRUMP holders will join the US President in Washington D.C.

The event has the potential to attract huge attention and trigger significant price movements, given the strong response that holders usually show to activities involving the US President.

This update could push TRUMP price to break the resistance levels at $13.36 and $14.53, with an upside target of $17.14.

However, if the price drops below the $12.18 support, then there is a risk of a further drop to $10.29, which would invalidate the bullish outlook and lead to a significant price drop.

Floki (FLOKI)

FLOKI (FLOKI) is trying to recover from its recent 21% loss after failing to break the resistance level at $0.000113.

Read also: 3 Altcoins that Have the Potential to Set an All-Time High in the Third Week of May

The Parabolic SAR indicator above the candlestick signaled downward pressure, indicating a potential near-term price drop for this meme coin.

However, the upcoming BADAI airdrop-which has been delayed since February-has the potential to positively impact the price of FLOKI.

Investors who have been looking forward to this event could boost buying momentum if there are positive updates, which could offset bearish signals and support price stability.

If FLOKI manages to break the $0.000100 level, the price could again test the resistance at $0.000113 and trigger an uptrend.

Conversely, if the price drops below the $0.000090 support, then there is a possibility of a further drop towards $0.000071, which would invalidate the bullish outlook.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. 3 Altcoins to Watch in the Third Week of May 2025. Accessed on May 20, 2025