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Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Top 3 Altcoins To Pay Attention To Over The Weekend

Samuel Edyme
Samuel Edyme
1 year ago
3 mins read
ETH/BTC Signals the Next Altcoin Explosion

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As the cryptocurrency market continues to heat up and show a bullish trend in recent weeks, keeping an eye on promising altcoins that could potentially make significant gains shortly is always a good idea. 

However, the crypto market is currently saturated with several altcoins, so keeping tabs on every crypto in the market can be difficult. In this article, we’ve compiled a list of top altcoins to pay attention to over the weekend.

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Top 3 Altcoins To Watch Over The Weekend

The top on the list is Cardano (ADA). Cardano is a blockchain platform that aims to offer faster, more secure transactions than traditional cryptocurrencies like Bitcoin. With a market cap of over $15 billion, Cardano is the fifth-largest cryptocurrency by market cap and has been making steady gains in recent weeks. 

In addition to its strong fundamentals, ADA’s chart has been showing some bullish momentum, and according to the 1-day time frame, the asset still has a long way to go in the rally. On the chart, though the asset just tapped a major high, it still has external liquidity above the $0.5 region that needs to be taken.

Cardano (ADA) price chart on TradingView
Cardano (ADA) price is moving sideways to tap external liquidity on the 1-day chart. Source: ADA/USDT on TradingView.com

The asset’s trading volume has also risen in the past 7 days, indicating an ongoing violet buying pressure. ADA’s daily trading volume has surged from $218 million as of last week Friday to $739 million over the past 24 hours.

Binance Coin (BNB) is the second on the list. BNB is a native token of the Binance cryptocurrency exchange and has been one of the top performers in the market over the past 30 days. With a market cap of nearly $52 billion, Binance Coin is currently the fourth largest cryptocurrency by market cap and has seen significant gains thanks to the success of the Binance exchange. 

Binance Coin (BNB) price chart on TradingView
Binance Coin (BNB) price is moving sideways to tap external liquidity on the 1-day chart. Source: BNB/USDT on TradingView.com

In addition to its strong performance, Binance Coin (BNB) seems closer to hitting an external high at $399. Though it’s not certain when the asset will hit this mark, with the crypto trading volume recording a surge in the past week, the tapping of the external high might be closer and could be worth watching out for over the weekend. 

Polygon (MATIC) appears third on the list. Polygon is a Layer 2 scaling solution for Ethereum that aims to provide faster, cheaper transactions for users.

With a market cap of over $10 billion, Polygon is currently the seventeenth largest cryptocurrency by market cap. and has been making significant gains in recent months. In addition to its strong fundamentals, Polygon also benefits from the increased demand for Layer 2 solutions as the Ethereum network continues to face scalability issues.

MATIC hasn’t made any significant gains compared to other top altcoins in the crypto market. However, the asset price chart shows its time to outshine the others may just be closer. On the 1-day time frame, MATIC has formed a double bottom indicating an upcoming surge. 

Polygon (MATIC) price chart on TradingView
Polygon (MATIC) price moving sideways to form a full W pattern on the 1-day chart. Source: MATIC/USDT on TradingView.com

MATIC also seems to form a W pattern on the chart alongside the double bottom. These two setups have made MATIC  an altcoin to watch over the weekend. Though, it’s worth noting that the cryptocurrency market can be extremely volatile, and there are no guarantees when investing in altcoins. 

However, one could identify profit opportunities by examining projects like Cardano, Binance Coin, and Polygon. Moreover, while being an experienced investor or not, it’s worth noting to keep these altcoins on the radar over the weekend and beyond.

Featured image from Unsplash, Chart from TradingView

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Samuel Edyme
Samuel Edyme

Samuel Edyme

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.

Read more

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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