3 Altcoins to Watch This Weekend | November 22 – 23

Altcoins are under pressure as Bitcoin price drops below $90,000, and as the weekend approaches, this decline could extend. However, some crypto tokens have found a way to escape their dependence on BTC by relying on other factors to record price gains.

BeInCrypto analyzed three such altcoins that could change this weekend, for better or worse.

Starknet (STRK)

STRK has surged 66% over the past week after Anchorage Digital enabled Bitcoin Staking on Starknet, attracting strong investor interest . The move has increased demand for STRK and signals increased confidence.

The EMAs show that STRK is approaching a Golden Cross pattern, a historically bullish signal. If confirmed, this pattern could trigger a fresh rally, allowing the price to break above the $0.252 resistance level. Continued momentum could send STRK towards $0.300 as buying pressure increases.

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If investors start taking profits and the bullish momentum wanes, STRK could lose its upward momentum. A pullback could push the price down to $0.195 or even $0.136, invalidating the bullish outlook. Weak demand and a change in sentiment would increase the risk of a deeper correction.

Soon (SOON)

SOON has fallen 67% this week and is currently trading at $0.88 after losing key support at $1.00. Bearish pressure is building as 15.21 million SOON worth over $13.4 million are expected to unlock this weekend, increasing supply and impacting sentiment.

This new supply, combined with the bearish Parabolic SAR indicator, could increase selling pressure. If the weakness continues, SOON could drop below $0.76 and slide to $0.47. Such a drop would deepen losses and underscore the fragile market conditions for the altcoin .

If investors XEM this dip as a buying opportunity, SOON could rebound from the $0.76 support zone. A rebound could push the price above $1.04 and extend to $1.39 or higher. This move would reverse recent losses and invalidate the bearish outlook.

Wiki Cat (WKC)

WKC emerged as one of the strongest meme coins this week , trading at $0.000000000103. Despite its small price, the Token maintains a market Capital of $51 million and over 151,600 holders, demonstrating strong community support and a solid engagement network.

WKC has rallied 52% over the past week, supported by improving fundamentals. The Squeeze Momentum Indicator is forming a compression as bullish momentum builds. A breakout in volatility could push the price above the $0.000000000126 resistance and trend upwards towards $0.000000000151 if buyers remain in control.

If the bullish momentum weakens, WKC may not be able to hold on to its gains. A drop below the $0.000000000099 support could push the price towards $0.000000000076. Such a move would invalidate the bullish setup and erase a significant portion of the recent gains.