This weekend could be a bullish event for the crypto markets as broader conditions improve. With Bitcoin stabilizing around $107,000 and geopolitical tensions easing, altcoins are likely to benefit. 

BeInCrypto has analyzed three altcoins that are positioned to see potential gains this weekend.

Aptos (APT)

APT price has risen by 28% this week, holding steady above $5.00 at the time of writing. The altcoin is now facing resistance at $5.06, which has proven to be a significant barrier. Breaking this level would be crucial for APT to maintain its upward momentum and continue rising.

Flipping the $5.06 resistance into support is key for APT’s price to continue rising. If successful, the next target would be $5.41, marking a new monthly high for the altcoin. The Parabolic SAR acting as support further indicates that APT could continue its bullish trend, driving price growth.

However, if APT fails to breach $5.06, the altcoin could fall back to the support level of $4.79. A loss of this support would suggest further downside, potentially leading APT to drop to $4.49. This would invalidate the current bullish outlook, signaling the potential end of the uptrend.

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Author: Aaryamann Shrivastava

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