The crypto market is diving into the end of August and will soon begin the final month of Q3; however, before the end comes the final weekend, which could likely be filled with volatility and developments.

Thus, BeInCrypto has analysed three such altcoins that could see a sharp move this weekend.

Avalanche (AVAX)

Avalanche is drawing investor attention this weekend as Treehouse, a DeFi fixed income layer, prepares to launch on the network through tAVAX. The development highlights Avalanche’s growing ecosystem and could attract new capital inflows.

If AVAX manages to secure $24.93 as a reliable support level, its price could see upward movement. A bounce from this range would provide strength for a potential rally toward $25.00. Such a move would mark a recovery from recent volatility and reinforce bullish signals for the altcoin.

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On the downside, Avalanche remains vulnerable if selling pressure persists. A break below $23.90 support could expose AVAX to further losses, sending the price toward $22.76. This decline would invalidate the bullish outlook.

Cardano (ADA)

Cardano is a crucial altcoin to watch this weekend with a key development on the horizon. An independent audit of Input Output Global’s ADA reserves, requested by founder Charles Hoskinson after $600 million misuse claims, aims to address transparency issues. The outcome could significantly impact investor confidence and sentiment.

The audit could act as a catalyst for ADA, lifting the price from $0.82 toward $0.90. Securing this level of support may enable further growth, potentially driving Go to Source to See Full Article
Author: Aaryamann Shrivastava