Altcoin Recovery Alert: MKR, KAS & APT Unexpectedly Set To Recover Next Week

Three altcoins are gaining attention as they are unexpectedly poised for a comeback next week. Market observers are closely watching MKR, KAS, and APT as signs point to a potential recovery for these digital assets. This article reveals the driving forces behind their anticipated upward movement and explores why these coins may soon see a surge.

Maker Price Analysis: Short-Term Gains Amid Mixed Long-Term Trends

Maker’s price has risen 7.08% over the past month, while the 6-month change shows a 2.99% decline, reflecting a mix of recent strength and longer-term caution. Weekly performance jumped 5.09%, hinting at short-term support, though the broader view suggests volatility. Price dynamics indicate swift changes, with a noticeable surge in the near term offset by modest declines when seen over a longer period.

Maker currently trades within a range of $976 to $1672. Support appears solid near $657 while resistance awaits at $2049, with a second resistance at $2745. Despite a positive Awesome Oscillator reading, conflicting signals from a negative momentum indicator and a neutral RSI leave the trend uncertain. Traders may consider buying near support levels or targeting resistance breaks to capitalize on short-term moves amid cautious market sentiment.

Kaspa Market Update: Past Downturn and Key Price Boundaries

Kaspa experienced a steady decline in recent months, with a drop of about 16 percent over the last month and a loss exceeding 53% in the past six months. A minor fall of around 1.4% over the week hints at subdued trading before longer-term bearish pressure took hold. Price movements reflect waning investor interest and a shift away from bullish sentiment over both the short and medium term.

Currently, Kaspa trades between $0.0485 and $0.0875, with key resistance noted near $0.1105 and support around $0.0325. A second resistance appears at $0.1495. Negative momentum indicators and an RSI of 37.64 point to a bearish presence. Traders might consider focusing on short-term plays within these levels, remaining cautious of the overall downtrend.

Aptos Price Assessment: Declines and Key Support/Resistance Areas

Aptos dropped nearly 19% in the past month and about 44% over the last six months. A recent weekly decline of around 7% adds to a clear trend of falling prices. Price retracements have driven Aptos steadily downward, leaving a trail of investor caution and persistent bearish pressure over recent months.

Currently, Aptos is priced between $4.51 and $6.42. Resistance is in sight at $7.58 with a second barrier near $9.49, while support holds near $3.76 and lower still at $1.84. Bearish signals, such as a low RSI of 34.63 and negative momentum, suggest caution. Traders may watch for bounce opportunities at support or consider short positions if resistance tests fail.

Conclusion

MKR, KAS, and APT are showing strong signs of recovery for next week. MKR is gaining momentum with increased interest from investors. KAS is attracting attention with its recent network upgrades. APT is set for a bounce back due to rising market sentiment. These coins are worth monitoring closely, as they appear ready for a positive shift. Each one has unique strengths contributing to their potential upturn.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.