3 Altcoins To Watch This Weekend | October 11 – 12
Weekends usually deliver quieter buying and selling, however that additionally means sharper strikes for these paying consideration. While many of the market has stayed uneven, extra so with BTC correcting virtually 4% from its all-time high, a number of altcoins to look at are flashing indicators that deserve a more in-depth look.
From breakout formations to renewed whale exercise and recent sensible cash accumulation, these three cash present short-term setups that might lengthen over the following 48 hours.
Zora (ZORA)
ZORA is a creator-focused token within the Base community that has caught sturdy consideration this week. The token has surged greater than 73% up to now 24 hours, pushed by large DEX inflows of roughly $420,000, in keeping with Gecko Terminal knowledge.
On the 12-hour chart, Zora has already damaged out of an inverse head and shoulders sample, clearing the neckline round $0.06. The transfer confirmed the breakout, and the token now trades close to $0.09. Based on the sample projection, Zora nonetheless carries upside potential towards the $0.10 zone — roughly a 53% measured goal from the neckline.
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Adding to this momentum, the Smart Money Index (SMI) — which tracks shopping for from knowledgeable or early merchants — has continued climbing since yesterday.
The sustained SMI uptrend suggests there’s nonetheless steam left within the rally, making ZORA one of many altcoins to watch most carefully this weekend so long as it stays above $0.06 assist. However, if promoting takes over and the ZORA value falls underneath $0.05 (the proper shoulder of the sample), the bullish construction would get invalidated.
Pudgy Penguins (PENGU)
PENGU, the token linked to the Pudgy Penguins community on Solana, is one other one of many (*3*). While its value has stayed close to $0.031, knowledge reveals regular curiosity from giant wallets and short-term merchants.
Over the previous week, Smart Money holdings have elevated by roughly 2.8 million tokens (3.89%), confirming quiet accumulation regardless of a uneven broader market. This aligns with the Smart Money Index (SMI) on the 12-hour chart, which has began forming larger highs — an indication that knowledgeable merchants are positioning for a rebound. The SMI visualization is introduced later on this part.
From a technical view, PENGU trades inside a falling wedge, a bullish chart sample that usually alerts the top of a downtrend. Between October 4 and 9, the token shaped the next low, whereas the Relative Strength Index (RSI), which measures momentum, made a decrease low, making a hidden bullish divergence that helps the restoration case.
A breakout above $0.032 would verify this wedge sample and will open the trail towards $0.034, the following main resistance and a ten% rise from the present stage.
An in depth above that stage would possibly invite additional upside momentum over the weekend. However, if the PENGU value falls under $0.027, the rebound setup would probably fail, and sellers may regain management. However, for the construction to show bearish within the short-term, a dip underneath $0.026 could be wanted. That may open prospects for the quick merchants.
For now, with enhancing sensible cash inflows and a bullish formation nonetheless intact, PENGU stays one of many extra compelling altcoins to look at this weekend.
Aster (ASTER)
Aster (ASTER) — a more moderen DEX native to the BNB community — has seen its sturdy rally fade quick. After climbing previous $2, the token has dropped virtually 17% week-on-week, now buying and selling close to $1.59.
While the value pattern seems to be weak, the on-chain knowledge tells a extra nuanced story. Smart cash holdings elevated by 3.65% within the final 24 hours, whereas mega whales (prime 100 addresses) added 0.06% to their provide. Combined, that’s roughly 172.9 million new ASTER tokens, equal to almost $275 million at present costs — a big shift after per week of regular promoting.
This sudden accumulation follows an prolonged drawdown and alerts renewed curiosity from giant and sensible holders.
On the charts, ASTER’s falling wedge pattern — usually a bullish reversal construction — is creating on the 1-hour timeframe. Since ASTER has a restricted buying and selling historical past, the 1-hour chart gives the clearest sign for short-term value conduct. In such circumstances, the hourly view helps determine fast momentum reversals that may lengthen throughout 24–48 hours, making it a sensible setup for weekend monitoring.
Between October 9 and 10, the value made a decrease low, whereas the RSI made the next low, confirming bullish divergence and hinting that promoting strain is weakening.
If the ASTER value holds above $1.52 and breaks $1.72, it may check the higher wedge boundary close to $1.84. A profitable breach would possibly open short-term targets round $1.89–$2.02, indicating a possible weekend rebound.
An in depth under $1.52, nevertheless, would invalidate this restoration setup and return management to sellers.
After a pointy 17% correction, ASTER’s mixture of whale exercise, sensible cash influx, and bullish construction makes it one of many altcoins to look at this weekend, particularly for merchants eyeing quick, technical rebounds.
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