The cryptocurrency market is entering a period of uncertainty. It is unclear whether the market will see an altcoin season or not. Therefore, altcoins are relying more on external developments and catalysts to determine the direction of price action.
BeInCrypto analyzed three altcoins with notable developments coming this week.
Filecoin (FIL)
Filecoin is gearing up for a major announcement this week, and the lack of details has heightened market anticipation. The news is expected to have a major impact, leaving FIL at a crossroads wherethe Token could rally strongly or continue to decline, depending on investor reaction.
FIL is trading at $1.99 after falling 41% in the past 10 days. The price has temporarily slipped below $2.00, signaling strong selling pressure. If the announcement sparks optimism, FIL could rebound from $2.00 and break above $2.26 and $2.63, marking the start of a recovery phase.
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FIL Price Analysis. Source: TradingViewIf sentiment turns negative, FIL could continue to decline towards $1.68, invalidating any bullish outlook in the short term. A break below that level could see the Token face a deeper decline towards $1.46.
Zilliqa (ZIL)
ZIL is trading at $0.0069 after falling 13% over the past week, just below a key resistance level. The Parabolic SAR signals strength in an emerging uptrend, suggesting that Zilliqa could attempt a recovery if buying pressure increases and overall market sentiment improves.
Zilliqa 's upcoming Mainnet 0.19.0 upgrade brings more flexibility to stakers and improves network performance. These improvements could support a move to $0.0074 and, if momentum matures, could climb to $0.0082 as traders respond to the strengthening network foundation.
ZIL Price Analysis. Source: TradingViewIf the bullish reaction fails, ZIL could fall to $0.0063, extending the recent decline. A break below that level could push the Token to further losses towards $0.0058, invalidating the bullish outlook and increasing downside risk for investors.
Avalanche (AVAX)
AVAX is trading at $15.61 after a month-long downtrend, but the MACD shows a slight bullish move . The indicator has stalled a bearish crossover, suggesting that sellers are losing strength as Avalanche struggles to stabilize above key support levels.
Avalanche’s upcoming Granite upgrade marks a major step forward in improving network performance. This release could attract new interest and push AVAX above $16.25. Continued momentum could see a move to $18.27, breaking the downtrend line and signaling a stronger recovery.
AVAX Price Analysis. Source: TradingViewIf market conditions weaken and AVAX breaks below the $14.89 support, bearish sentiment could intensify. A decline to $13.40 would invalidate the bullish outlook and extend downside risk, especially if the upgrade fails to generate significant demand.




