3 Altcoins To Watch This Weekend | January 17 – 18
This analysis highlights Chiliz (CHZ), Dash (DASH), and Polygon (POL) as three altcoins to watch over the weekend of January 17-18 amid shifting market sentiment.Summary
Amid a market shift from bullish to bearish sentiment, BeInCrypto analyzed three altcoins for potential weekend movement: Chiliz (CHZ), Dash (DASH), and Polygon (POL).
Chiliz (CHZ) is positioned for a potentially bullish weekend following the announcement of its Chiliz 2030 roadmap, which aims to scale the sports blockchain. Trading at $0.057, stability above $0.053 is key, though momentum indicators suggest overbought conditions, risking a drop toward $0.050.
Dash (DASH) surged 114% this week, driven by increased merchant adoption, trading near $80. However, a bearish divergence in the Chaikin Money Flow suggests underlying capital outflows, risking a correction toward $74 or $63 if selling accelerates.
Polygon (POL) experienced volatility, rallying 46% last week before dropping 15.6% this week due to fading bullish sentiment and weakening capital flows. If outflows continue, POL risks sliding toward the $0.138 support zone, though a market improvement could see it reclaim $0.155.
(Source：BeInCrypto)