Top 3 Altcoins to Watch for the First Week of August 2026
Unibase (UB), Cardano (ADA), and Algorand (ALGO) posted the greatest seven-day outcomes amongst high altcoins in early August 2026. UB gained 61%, whereas ADA and ALGO added 24% and 13%.
Daily charts counsel every rally now faces a decisive resistance check in the first week of August. The desk beneath summarizes the most vital chart knowledge for every coin.
| Altcoin | 7-day achieve | Price | RSI | Volume development |
|---|---|---|---|---|
| Unibase (UB) | +61% | $0.1943 | ~70, rising | Declining |
| Cardano (ADA) | +24% | $0.1945 | ~70, greater high | Rising |
| Algorand (ALGO) | +13% | $0.0904 | 62, rising | Declining |
Unibase Leads the Top Altcoins After a 61% Weekly Rally
Unibase, a decentralized reminiscence layer for synthetic intelligence (AI) brokers, gained 61% over the previous seven days. UB trades at $0.1943, up 11% in 24 hours, with a market cap of $486 million.
The day by day chart turned bullish on July 17 (blue circle), when the value broke above a long-term descending resistance line. Since then, UB has gained roughly 140%, printing a clear sequence of greater highs and better lows.
The rally has now reached the 0.236 Fibonacci retracement (Fib) degree at $0.1928. If patrons flip this space into help, the April peak at $0.2466 turns into the subsequent goal. In case of a correction, the 0.382 Fib at $0.1595 gives the first help. A stronger zone waits close to the 0.618 Fib at $0.1056.
However, declining quantity doesn’t verify the power of the uptrend. Moreover, the Relative Strength Index (RSI) sits close to 70 and approaches overbought territory. The indicator exhibits no bearish divergence but.
Cardano Tests the $0.20 Confluence After a 24% Weekly Gain
Cardano gained 24% over the previous week and trades at $0.1945. The restoration follows a pointy breakdown from a descending parallel channel at the starting of June.
That breakdown shortly reached its goal close to $0.15. Since then, the space has acted as help and was confirmed 4 occasions. The newest bounce on July 28 began the present uptrend.
ADA now faces its most vital check. Resistance at $0.20 coincides with the 0.382 Fib at $0.2052 and the decrease band of the damaged channel. Therefore, acceptance again inside the channel stays the key bullish set off. Such a transfer would open the breakdown space close to $0.23, aligned with the 0.5 Fib at $0.2258.
RSI trades close to 70 and prints the next high in contrast with early July. Momentum leads value, and rising quantity provides ADA the healthiest affirmation amongst the three. Meanwhile, Cardano’s latest upgrade and the rally tied to the upcoming Dijkstra period add a elementary tailwind.
Algorand Bounces 13% however the Downtrend Still Rules
Algorand added 13% over the previous seven days and trades at $0.0904. The bounce began at the $0.08 help zone, which aligns with the 1.0 Fib at $0.0794.
The value shortly returned to the 0.786 Fib resistance at $0.0923. This zone rejected ALGO repeatedly in June, so bulls haven’t cleared it but. Above it, the subsequent resistance sits at the 0.618 Fib close to $0.1024.
In distinction to Cardano, declining quantity suggests restricted power behind the transfer. RSI stands at 62, above the impartial 50 line, and leaves room earlier than overbought situations seem. Furthermore, Algorand’s quantum safety roadmap not too long ago gained consideration after France introduced new certification guidelines.
Consequently, this week’s transfer provides some hope, however the broader ALGO construction stays a downtrend. Until the value reclaims the 0.618 Fib at $0.1024 as help, the rally counts as a bounce. Only such a reclaim would sign the begin of a medium to long-term bullish reversal.
The put up Top 3 Altcoins to Watch for the First Week of August 2026 appeared first on BeInCrypto.