CandleFocus

3 Altcoins to Watch in the Second Week of February 2025

Author: Content Editor
In the past week, the overall crypto market has been mostly unfavorable for bulls. However, certain altcoins have seen gains due to external developments and are approaching all-time highs. BeInCrypto has identified three altcoins that are expected to see significant movement in the next seven days.

AVAX is expected to experience significant volatility as 1.67 million AVAX tokens, worth over $42.5 million, are set to be unlocked. This unlock event could influence price movement, and historically, AVAX has seen bullish momentum before such events. If AVAX surpasses the resistance at $26.95, it could rally towards the critical barrier of $31.15. However, a failure to break through $26.95 could trigger a bearish reaction and a potential decline to $22.70.

OM has shown resilience in the bearish market and has maintained strong price stability. With OM currently trading at $6.15 and maintaining support at $5.65, it is close to its all-time high of $6.48. It may break this barrier and potentially establish a new all-time high this week. However, a decline below $5.65 could invalidate the bullish outlook and lead to a shift in momentum.

RUNE is expected to experience bullish momentum due to the upcoming V3.20 release, which will retire a controversial key within the THORChain community. With strong community support, RUNE's price could break through the $1.39 resistance and rally to $1.70. However, failure to breach the $1.39 resistance could dampen bullish momentum, potentially leading to a price drop to $1.11.

Overall, these altcoins have the potential for significant movement in the next week, but the outcomes will be influenced by factors such as token unlocks, support levels, and community sentiment.

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