Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
3 Altcoins To Watch This Weekend | August 30 – 31

3 Altcoins To Watch This Weekend | August 30 – 31

BeInCryptoBeInCrypto2025/08/29 05:00
By:Aaryamann Shrivastava

This weekend could be pivotal for these three altcoins as major developments and critical support tests set the stage for volatility.

The crypto market is diving into the end of August and will soon begin the final month of Q3; however, before the end comes the final weekend, which could likely be filled with volatility and developments.

Thus, BeInCrypto has analysed three such altcoins that could see a sharp move this weekend.

Avalanche (AVAX)

Avalanche is drawing investor attention this weekend as Treehouse, a DeFi fixed income layer, prepares to launch on the network through tAVAX. The development highlights Avalanche’s growing ecosystem and could attract new capital inflows.

If AVAX manages to secure $24.93 as a reliable support level, its price could see upward movement. A bounce from this range would provide strength for a potential rally toward $25.00. Such a move would mark a recovery from recent volatility and reinforce bullish signals for the altcoin.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

3 Altcoins To Watch This Weekend | August 30 – 31 image 0AVAX Price Analysis. Source: 

On the downside, Avalanche remains vulnerable if selling pressure persists. A break below $23.90 support could expose AVAX to further losses, sending the price toward $22.76. This decline would invalidate the bullish outlook.

Cardano (ADA)

Cardano is a crucial altcoin to watch this weekend with a key development on the horizon. An independent audit of Input Output Global’s ADA reserves, requested by founder Charles Hoskinson after $600 million misuse claims, aims to address transparency issues. The outcome could significantly impact investor confidence and sentiment.

The audit could act as a catalyst for ADA, lifting the price from $0.82 toward $0.90. Securing this level of support may enable further growth, potentially driving the altcoin to $0.96. The Ichimoku Cloud currently signals bullish momentum, reinforcing the possibility of upward movement.

3 Altcoins To Watch This Weekend | August 30 – 31 image 1ADA Price Analysis. Source: 

However, Cardano remains vulnerable if holders choose to sell during uncertainty. A breakdown below $0.80 could trigger further losses, sending ADA toward $0.75. Such a decline would erase recent progress and invalidate the bullish outlook.

Optimism (OP)

OP is trading at $0.697, holding above its $0.68 support level at the time of writing. The Ichimoku Cloud highlights a bullish signal, suggesting that Optimism may maintain short-term stability. This indicator reflects continued market interest, offering support for the altcoin’s efforts to stay afloat despite broader market pressures.

Optimism faces a significant test with a scheduled unlock of 31.34 million OP tokens, valued at more than $21.87 million, expected this weekend. Such events often increase selling pressure. 

3 Altcoins To Watch This Weekend | August 30 – 31 image 2OP Price Analysis. Source: 

If investors choose to accumulate during the unlock, OP may continue consolidating above $0.68. This would provide a stable base for potential growth. However, if holders remain static or shift to selling, the altcoin could lose its critical support, slipping through $0.68 and targeting $0.63, invalidating the bullish-neutral outlook.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Privacy’s HTTPS Moment: From Defensive Tool to Default Infrastructure

A summary of the "Holistic Reconstruction of Privacy Paradigms" based on dozens of speeches and discussions from the "Ethereum Privacy Stack" event at Devconnect ARG 2025.

ChainFeeds2025/11/28 22:25
Ethereum Privacy’s HTTPS Moment: From Defensive Tool to Default Infrastructure

Donating 256 ETH, Vitalik Bets on Private Communication: Why Session and SimpleX?

What differentiates these privacy-focused chat tools, and what technological direction is Vitalik betting on this time?

BlockBeats2025/11/28 22:02
Donating 256 ETH, Vitalik Bets on Private Communication: Why Session and SimpleX?