The crypto market has started to recover in the past 24 hours, and traders are beginning to look for promising Altcoin coins to watch. This is typically a time when the flow of money during the holidays leads to increased volatility. Each project is showing new demand following updates, with some gaining momentum on the charts, and a few are approaching key levels that could determine the next trend.
BeInCrypto has selected 3 standout setups ahead of the weekend, each with different reasons.
Keeta (KTA)
KTA has risen about 36% over the past 24 hours, with this jump occurring after Keeta launched a new feature for transferring money via the new fiat anchor, allowing users to move funds between bank accounts and stablecoins more quickly. Thus, this upgrade increases real-world use cases, and traders should keep a close eye on Keeta this weekend.
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On the 12-hour chart, Keeta has broken above the 0.32 USD level, with the next key level being 0.36 USD, which previously acted as resistance. If it can clearly close above this level, it may open the way to 0.43 USD.
This breakout attempt comes with rare support from the Wyckoff volume-color indicator, which considers pure trading volume.
A green candle means buyers control the entire direction, a red candle indicates sellers control the price, a blue candle shows buyers are starting to take control, and a yellow candle indicates sellers are starting to take over. Keeta printed two strong green candles for the first time since late November. This signal indicates real demand supporting the breakout rather than just a short-term spike.
If buying pressure continues and Keeta closes above 0.36 USD, the path to 0.43 USD will open. However, if the bars turn blue or yellow, profit-taking may occur. In that case, the level of 0.27 USD will become a key support. If it falls below this, it will open the way to 0.21 USD, which would change the short-term trend back to weak.
Keeta is also considered one of the altcoins to watch this weekend, as both the upgrade in fundamentals and increased buying pressure align with the breakout above 0.36 USD.
Solana (SOL)
Solana has increased by about 6% over the past 24 hours, supported by ongoing news from the Breakpoint event. The most important information is that JPMorgan is using Solana to manage the issuance of tokens for tokenized commercial documents. Such institutional use cases continue to stimulate interest, although the overall technical picture still presents obstacles. Therefore, SOL is one of the altcoins to watch closely in the next two days.
From December 7 to December 11, Solana created a series of higher highs while the RSI declined to a new low. The RSI is an indicator of the speed of trading, and when the price rises but the RSI falls, this is called hidden bullish divergence. Such signals often indicate weakening selling pressure, even though the momentum is not clear on the chart.
This recovery has pushed Solana's price back to USD146, a level that has been a barrier to its rise since November 14. If it closes daily above this level over the weekend, it will confirm strength and open the way to USD171. Solana needs about 5% pressure to test this resistance, which is within the normal movement range when buying pressure increases.
If USD146 is rejected again, the pullback area remains near USD127, with this support having held strong since December 2. It continues to serve as a solid base. If it falls below this level, it may weaken the trend, but as long as the hidden bullish divergence is in effect, Solana still has a chance to test higher levels again.
Currently, Solana remains on the watchlist for the weekend, as both the chart and news from the Breakpoint event point to an attempt to test USD146.
Chainlink (LINK)
Chainlink has increased by about 4% over the past 24 hours, with Coinbase stating that LINK's CCIP is a standard bridge. This is important because it affects real-world usage. If more wrapped assets move across networks via CCIP, the demand for LINK may increase over time.
A positive EMA crossover occurred on the 12-hour chart. EMA, or the exponential moving average, is an indicator that gives more weight to the latest prices. A positive EMA crossover happens when the short EMA (20-period) rises above the long EMA (50-period), which traders use as a basic momentum signal, indicating that short-term buyers are starting to control price direction.
Currently, LINK is trading above both EMA lines, indicating that buyers are in control of the market as we enter the weekend. If the EMA 20/50 lines intersect successfully, LINK may attempt to push the price rapidly, with the first level to surpass being 14.23 USD. LINK needs to increase by about 1.2% to clearly close the 12-hour bar above this level. If it can smoothly move past this point, it will open the opportunity to 14.99 USD, followed by 16.78 USD.
However, if the lines do not intersect successfully, the downside risk will return, with a key support level at 13.37 USD. If the price breaks below this support, it will open the way to 12.44 USD and 11.75 USD. Currently, the price chart and news regarding Coinbase CCIP are aligned, which is why LINK is the most closely watched token this weekend.
