3 notable altcoins this weekend

This weekend could be a positive event for the crypto market as macro conditions gradually improve. With Bitcoin stabilizing around the $107,000 mark and geopolitical tensions easing, altcoins are likely to benefit. Therefore, this article will analyze three altcoins that have bullish potential this weekend.

Aptos (APT)

In the past week, the price of Aptos (APT) increased by 7% and at one point stabilized above the $5 mark. However, APT was rejected when facing the important resistance level at $5.06 – a barrier that has repeatedly hindered previous upward momentum. Currently, the price is trading at $4.78, just below the resistance level of $4.79. Therefore, breaking through this level will be crucial for APT to maintain its bullish momentum and expand its upward trend.

If APT can turn the resistance zone of $4.78 into support, the next targets will be $5.06 and $5.41 – new monthly highs. Additionally, the Parabolic SAR indicator is currently acting as support, further reinforcing the bullish trend continuation potential of APT.

APT Price Analysis | Source: TradingViewHowever, if APT cannot break through the $5.06 level, this altcoin may reverse and drop to the support area of $4.49. Losing this support level will indicate increased bearish pressure, which could cause APT to fall to the $4.33 mark. This would invalidate the current bullish outlook and could end the uptrend.

Cheems (CHEEMS)

CHEEMS has increased by 8% over the past 7 days and 2.4% in the last 24 hours, demonstrating strong momentum. The MACD indicator is showing a bullish crossover signal, meaning the upward trend is likely to continue into the weekend. Thus, CHEEMS may maintain positive momentum as market sentiment improves in the coming days.

If CHEEMS can maintain the support level at $0.00000144, the price will rise to $0.00000151. However, the likelihood of breaking through this threshold over the weekend is quite low, as the resistance zone may continue to exert pressure. Although it can still maintain a bullish trend, it is expected to face difficulties when approaching significant resistance levels in the short term.

CHEEMS Price Analysis | Source: TradingViewIf the bullish momentum weakens and investors begin to take profits, CHEEMS may experience a downward adjustment. A price drop below the 0.00000136 dollar mark will indicate a significant weakening signal, pulling this altcoin's price down to the support zone of 0.00000125 dollars. Such a downward move would invalidate the current bullish argument and indicate a shift in market sentiment.

Sei (SEI)

SEI has increased by 31% in the past 7 days, becoming one of the strongest bullish altcoins of the week. Currently, SEI is trading around $0.287 and is aiming to surpass the resistance level of $0.3. If successful, this could pave the way for further bullish moves in the short term.

The Chaikin Money Flow indicator (CMF) shows that money is flowing strongly into SEI, driven by recent bullish momentum. This proves that demand for SEI is increasing, supporting the effort to break above the $0.3 mark. With strong buying pressure maintained, SEI could continue its bullish trend and reach the $0.35 price range if the momentum is sustained.

SEI Price Analysis | Source: TradingViewHowever, if investors decide to take profits, SEI may continue to struggle to surpass the $0.3 mark as it has recently. Failing to maintain a price above this threshold could lead to a drop down to the $0.24 range. This scenario would invalidate the short-term bullish outlook, while also signaling the risk of a reversal in the price movement of this altcoin.

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