Which Altcoins Are Worth Paying Attention To Now?
While Bitcoin seeks stability, altcoins are subject to external signals that can change their rate and even lead to sharp growth
We tell you about three interesting altcoins that are worth watching in the third week of August.
1Inch Network(1INCH)
The 1INCH network is gearing up for an upgrade scheduled for August 19. The altcoin has been in a range lately with no clear direction, but the upcoming announcement could act as a catalyst and push 1INCH to $0.273. If the bulls manage to turn this level into support, the price could target $0.311, which would boost optimism and confidence in the market.
If investors remain passive after the news, 1INCH could fall to $0.241 or even $0.222. This development would cancel the bullish outlook and require caution from traders.
OKB (OKB)
OKB has seen significant growth over the past week. The token supply has been cut in half, creating conditions for a shortage. This has attracted the attention of investors and helped the token rise by 28% in a day. At the time of publication, OKB is trading at $119.8.
If the rally continues, the altcoin could reach $143 and head higher. If the momentum weakens and traders start taking profits, OKB could fall below $105, which would open the way to $77 and cancel the bullish scenario.
Cyber (CYBER)
CYBER is looking interesting this week thanks to its listing on Upbit Korea on August 12. This event triggered active buying, leading to the token rising 51% over the past seven days.
The bullish momentum continues, with CYBER up 16.45% in the last 24 hours. The altcoin is currently trading at $2.79 and could reach $2.99. If buying activity continues, the price could rise to $3.39, further strengthening investor optimism.
If momentum weakens, CYBER could give up recent gains and break support at $2.38. If selling intensifies, the token could fall to $1.85, which would weaken the bullish scenario and require caution from traders counting on short-term growth.
Источник: cryptocurrency.tech
