These Altcoins Could See Major Moves Over the Weekend - Crypto Economy

TLDR:

• The KITE cryptocurrency leads gains with a 22.8% rally, establishing a new all-time high at $0.323.
• Lighter (LIT) is in a critical situation after an 18% weekly drop, hitting an all-time low of $1.15.
• The Official Trump (TRUMP) token shows signs of weakness with increasing capital outflows, approaching its vital support.

As the weekend begins, the market enters a period of high operational volatility, and investors are closely watching the movements of these altcoins. During Friday’s session, tokens like KITE demonstrated exceptional strength, attracting consistent buying volume that pushed its price to unprecedented levels.

The optimism surrounding this token suggests that if buying pressure continues, KITE could target levels near $0.369 in the short term. However, any shift in sentiment that breaks the $0.278 support level would end the current bullish thesis.


Divergence Between All-Time Highs and Drops to Minimums

Exploring the other end of the spectrum, we find Lighter (LIT). This token faces a struggle for technical survival after losing the key level of $1.31. This capitulation led the asset to record an all-time low of $1.15, a point where bargain hunters historically appear to attempt a rebound.

Meanwhile, the TRUMP token is currently trading at $3.21, showing a bearish trend that is accelerating according to the Chaikin Money Flow (CMF) indicator. Capital outflow is evident, and there is a real risk of the price testing its absolute low of $3.02 if no political or market catalyst emerges.

In summary, despite the risks, a recovery above $3.44 for TRUMP or reclaiming $1.31 for LIT would change the negative narrative of the weekend. Traders should monitor these critical levels, as Sunday’s close will define the trend for the coming week.