3 Altcoins That Could Either Rocket or Crash This Weekend: You Decide

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The altcoin market is gearing up for a rollercoaster weekend. Some tokens are partying like it’s 1999, while others are crashing faster than my hopes for a good night’s sleep.

BeInCrypto has bravely analyzed three such altcoins that may either reach new heights or experience an emotional breakdown this weekend. Enjoy the ride.

Kite (KITE)

KITE is currently soaring higher than my expectations for 2023, boasting a 22.8% rise this week. In fact, KITE has hit a brand-new all-time high (ATH) of $0.323 today, as if the market is throwing a party in its honor. Investors are clearly obsessed, and who can blame them? The optimism is contagious, like that one person at the office who insists you’ll all love the new coffee machine.

If momentum keeps pushing KITE upwards, we might even see it flirt with $0.369. It’s like that gym buddy who promises they’ll stop at 10 reps but then does 50 more just to show off. But remember, nothing lasts forever. If the sentiment suddenly turns sour, KITE could be heading back to $0.240, making us all regret ever believing in it.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. But, you know, don’t blame us when it’s more disappointing than your last vacation.

However, if the buying frenzy dies down and the bears start charging, KITE could tumble. A drop below $0.278 would be like trying to stay awake in a history lecture-pointless and painful. At that point, KITE’s rally would be a distant memory.

Lighter (LIT)

Next up: LIT. This altcoin has been struggling more than I did during high school math. It’s down 18% this week, reaching a brand-new all-time low (ATL) of $1.15 today. Apparently, it lost the $1.31 support level like someone losing their keys in a snowstorm. Now it’s in a freefall that’s almost too tragic to watch.

But hold on. If you’re a fan of second chances, LIT might surprise you. ATLs often signal a potential comeback, kind of like that ex who promises they’ve changed. If buyers step in at $1.15, LIT could rise back to $1.40, but only if it can reclaim the $1.31 resistance level. It’s like trying to revive a plant you’ve neglected for six months. Worth a shot, right?

On the flip side, if LIT continues its downward spiral, we could be looking at a new ATL below $1.10. It’s like watching your favorite TV show cancel itself. What a tragedy.

Official Trump (TRUMP)

And finally, we have TRUMP, which is making headlines for all the wrong reasons. It’s down 6% today, trading at $3.21. It’s one bad tweet away from hitting its all-time low (ATL). Like that one friend who insists everything is fine while clearly spiraling, TRUMP’s bearish trend is accelerating. Hold onto your hats, folks.

TRUMP is currently holding onto the $3.18 support level by a thread. If it falls below that, we’re looking at an ATL of $3.02, and I’m not sure if any amount of optimism can save it at that point. The Chaikin Money Flow (CMF) is showing increasing outflows, which is like seeing all your money leave the party before you even had a drink.

If somehow, against all odds, TRUMP can bounce back, it’ll need to break above $3.44. But I’m not holding my breath-unless you count the breath I’m holding waiting for the next market crash.

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2026-03-07 00:45