The post Top Altcoins Facing Potential Crash In Coming Week appeared first on Coinpedia Fintech News
Despite the broader market turning optimistic with Bitcoin’s surge above $63,000, few altcoins struggle to make a comeback. This reflects an underlying fear in some altcoins that they could nosedive with minor market corrections.
Amidst the altcoins projecting a stronger week, they reflect potential weakness or a volatile pivot, reflecting a dangerous turn. Will these altcoins manage a bullish pivot or crash under the crucial support levels?
Let’s look closer at their price analysis for a more confident approach.
Weakness in SUI (SUI) Warns $1 Breakdown
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With a bullish failure to reach the $1.50 psychological mark, the SUI price reverts from the 38.20% Fibonacci level at $1.42. However, the altcoin price action displays a potential double-bottom reversal at the psychological mark of $1.
With the RSI divergence, the chances of a bounce back are on the ca
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