3 Altcoins in the Spotlight this Weekend
Jakarta, Pintu News – The cryptocurrency market presented another interesting dynamic ahead of the weekend.
Amidst the relatively stable price movements of Bitcoin and Ethereum , a number of altcoins are stealing the show thanks to significant price spikes and trading activity.
Some of them are showing bullish trends that have investors eyeing new opportunities. So, which altcoins are in the spotlight this time?
Zcash (ZEC)
Zcash , known for its privacy protocol, seems to be on the rise after several weeks of flat-lining. A 9% price increase in a day shows potential that should not be ignored.
On the 12-hour chart, the price of ZEC is trying to break the resistance at $43.48. Momentum indicators such as the 20-day Exponential Moving Average (EMA) and 50-day EMA are showing signs of a bullish crossover, which is often followed by a sharp price increase.
According to the analysis of Ananda Banerjee, technical crypto writer at BeInCrypto, if ZEC manages to close the candle above $43.48, the price could surge to $45.99 and $47.12.
However, there is a risk if the price drops below $39.60, which would derail the bullish narrative and return ZEC to a consolidation phase. The bullish-favoring Bull Bear Power indicator adds confidence to the potential upside later this week.
Read also: DOGE vs. SHIB: Who has experienced a price increase in the past week?
Chainlink (LINK)
Chainlink continues to strengthen its position as a leading oracle project. The latest on-chain activity shows that whale has raised 1.09 million LINK, an increase of 24.77%, with a value of nearly $27 million.
According to Banerjee, technically, LINK is between the Fibonacci retracement zones of $24.69 and $25.72. If it manages to cross $26.76, LINK has the potential to reach $28.23 and even $30.00.
The current price drop provides a new opportunity for entry, especially with the increased demand from whales. However, a drop below $21.34 will invalidate this bullish setup.
Read also: Bitcoin Whale Swaps $45 Million in Assets to Ethereum, What’s the Reason?
Toncoin (TON)
Toncoin continues to attract market attention, both from a technical and fundamental perspective. On the chart, TON is trading near $3.28 and is in a week-long rising channel. The price is consolidating below the $3.35 resistance, and a breakout here could push the price towards $3.51 and $3.70.
The hidden divergence on the RSI indicates underlying buyer strength and a potential price reversal. On the fundamental front, Verb Technology’s $780 million treasury strategy and TON’s staking integration in Ledger Live have boosted investor confidence.
These factors make TON one of the strongest altcoins to watch this weekend. However, a drop below $3.18 will change the bias to neutral.
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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. Altcoins to Watch This Weekend August 23-24. Accessed on August 23, 2025
- Featured Image: Generated by AI
