3 Altcoins To Watch This Weekend | November 8 – 9
Summary
This weekend, three altcoins—Internet Computer (ICP), Movement (MOVE), and Axie Infinity (AXS)—are highlighted for investors, independent of Bitcoin's market movements. ICP has surged 166% following the launch of Dfinity's AI tool, Caffeine, potentially rallying toward $10.83 if bullish sentiment holds, though profit-taking could lead to a drop to $6.05. Movement (MOVE) faces uncertainty due to a significant token unlock event ($2.90 million worth of tokens) which could amplify selling pressure, potentially pushing its price below $0.0525 support. Finally, Axie Infinity (AXS) has a smaller, less impactful token unlock, and while it is in a downtrend, the MACD indicator suggests a potential bullish crossover, targeting resistance at $1.39 if sentiment improves.
(Source:BeInCrypto)