These 3 coins might have potential this week, worth watching closely.

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The market has entered a high-energy week again. This week, ETF approvals, network upgrades, and large unlocks are coming in succession. Whether the altcoins will go to da moon or plummet depends on their performance in the coming days.

COTI: Just upgraded, there’s something new.

Just completed the Hydrogen upgrade a few hours ago, focusing on speed, scalability, and security all in one. The market reaction has been pretty good, already surged nearly 7%.

On the technical side, COTI is oscillating between $0.031 and $0.037, where a classic bullish signal has formed—new price lows but the RSI indicator did not follow with new lows, a typical buying opportunity at the lows.

Target to look at these positions:

  • Recent resistance at $0.040 (about 15%)
  • Going up to 0.055 USD is a major threshold
  • Support below is at $0.031, if it breaks, be cautious.

If this upgrade really stabilizes, there is still some room for a short-term rebound.

ADA: The ETF drama is about to begin.

The most explosive news is here— the approval probability of the US Cardano spot ETF has already surged to 89%, and the SEC is expected to make a decision by the 26th at the latest. Once approved, institutional funds will flow in just like with Bitcoin and Ethereum, and the potential for growth is still very large.

The price looks comfortable on the upside, steadily in an upward channel. Recently, the last three daily candles clearly show that someone is buying in, indicating that it is not just a false rally.

Breakout Situation:

  • The first checkpoint is $0.73, and once broken, it may head straight to $0.86.
  • 0.86 is a critical level; once it breaks through, it can soar towards the major resistance at 1.12-1.14.
  • If it falls below 0.61, it must be taken seriously, and it may slide all the way down to 0.50.

From the current price to 0.86, it needs to rise by 29%. If the ETF is really approved, this increase is not exaggerated.

TON: Large Unlocking is Here, Beware of a Run on the Bank

Next Wednesday (the 23rd), there will be 80 million dollars worth of tokens to be unlocked, and a total of 220 million dollars worth of new coins will be released this week. Such a large-scale unlocking usually leads to a Plummet, with the new supply coming in increasing selling pressure.

But interestingly, TON has risen by 6% in the last 24 hours, indicating that the market resilience is still decent. However, the chart looks rather pessimistic – it is trapped in a descending triangle, which is a dangerous signal.

Fibonacci key levels:

  • Support at $2.15 (currently the main defense line)
  • Next down $1.77
  • Last line of defense $1.30

If it breaks 2.15, it may slide to 1.70 (about a 21% drop). If it continues to fall uncontrollably, it could reach 1.30. Conversely, if it holds above 2.53, there is a chance to rebound to 3.07.

Summary: This week is a critical window for determining the rhythm at the end of the month. COTI is looking at whether the upgrade can stabilize, ADA is watching how the ETF play unfolds, and TON needs to be cautious of unlocking and plummeting. Each has its own highlights and risks.

COTI-2.52%
ADA2.62%
TON0.98%
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