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The altcoins are suffering owing to the drop in Bitcoin’s price below $90,000, and as the weekend approaches, this decline could extend further. Nevertheless, some crypto tokens have managed to find a way out of relying on BTC by depending on other factors to note a price rise.
BeInCrypto has analysed three such altcoins that could note a shift this weekend, be it for the better or the worse.
Starknet ($STRK)
$STRK has surged 66% over the past week after Anchorage Digital enabled Bitcoin staking on Starknet, attracting strong investor interest. The move increased demand for $STRK and signaled rising confidence.
The EMAs indicate that $STRK is approaching a Golden Cross, a historically bullish signal. If confirmed, this pattern could spark a fresh rally, allowing the price to break above the $0.252 resistance. Continued momentum may then carry $STRK toward the $0.300 level as buying pressure strengthens.
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$STRK Price Analysis. ">
If investors begin taking profits and bullish momentum fades, $STRK may lose its upward trajectory. A decline could send the price toward $0.195 or even $0.136, invalidating the bullish outlook. Weakening demand and shifting sentiment would increase the risk of a deeper correction.
Soon ($SOON)
$SOON has dropped 67% this week and now trades at $0.88 after losing the crucial $1.00 support level. Bearish pressure is rising as 15.21 million $SOON worth more than $13.4 million are set to unlock this weekend, increasing supply and weighing on sentiment.
This incoming supply, combined with the Parabolic SAR signaling a downtrend, may intensify selling pressure. If momentum weakens further, $SOON could fall below $0.76 and slide toward $0.47. Such a drop would deepen losses and highlight fragile market conditions for the altcoin.
$SOON Price Analysis. ">
If investors view the decline as a buying opportunity, $SOON may rebound from the $0.76 support zone. A recovery could push the price above $1.04 and extend toward $1.39 or higher. This move would help reverse recent losses and invalidate the bearish outlook.
Wiki Cat (WKC)
WKC has emerged as one of the strongest-performing meme coins this week, trading at $0.000000000103. Despite its tiny price, the token maintains a $51 million market cap and more than 151,600 holders, signaling strong community support and sustained network engagement.
WKC has climbed 52% over the past week, supported by improving fundamentals. The Squeeze Momentum Indicator is forming a squeeze as bullish momentum builds. A volatility breakout could push the price above the $0.000000000126 resistance and drive a rally toward $0.000000000151 if buyers maintain control.
If bullish momentum weakens, WKC may fail to hold its gains. A drop below the $0.000000000099 support could send the price toward $0.000000000076. Such a move would invalidate the bullish setup and erase a significant portion of the recent growth.
The post 3 Altcoins To Watch This Weekend | November 22 – 23 appeared first on BeInCrypto.