3 Notable Altcoins This Weekend | February 28 – March 1
Crypto traders should pay special attention to standout altcoins, where notable technical setups and potential trigger factors are shaping the market. Important events such as token unlocks, breakout price patterns, or overbought conditions can cause significant short-term volatility.
Coinphoton has analyzed three promising altcoins predicted to bring an active weekend.
Sui (SUI)
SUI is preparing for a token unlock event on March 1, when 53.82 million SUI, equivalent to 0.54% of the total supply, will be released into circulation. This amount of tokens is valued at over $50 million. If the market lacks the strength to absorb this new supply, short-term downward pressure could increase significantly.
Currently, SUI is trading at $0.935, below the key resistance at $0.977. The Squeeze Momentum indicator shows the market is in a compression phase, while the histogram chart begins reflecting increasing bullish momentum. If volatility expands positively and market sentiment remains optimistic, SUI could break above $0.977 and target $1.060.
Pippin (PIPPIN)
After a short accumulation phase, PIPPIN’s price has surged strongly again, even reaching a new all-time high of $0.904 in the past 24 hours. Currently, the token is trading at $0.679, with high trading volume reflecting strong investor interest in the meme coin segment.
On the daily chart, a broadening descending wedge pattern is visible, but bullish momentum remains intact. Price action is approaching the projected 221% growth target. If the price surpasses $1, the breakout thesis will be strongly reinforced. The Chaikin Money Flow indicator shows very positive capital inflows, supporting continued upward momentum.
PIPPIN Price Analysis | Source: TradingView However, downside risk exists if investors start taking profits. A drop below the support level of $0.666 would weaken the current bullish structure, pushing the price lower toward $0.514. If this level is broken, PIPPIN could continue sliding toward $0.385, invalidating the bullish forecast.
Stable (STABLE)
STABLE is another notable altcoin for the weekend. At press time, STABLE is trading at $0.036, after reaching a new all-time high of $0.039 during the day. The Parabolic SAR indicator remains below the candles, confirming that the current bullish trend is still maintained on short-term timeframes.
However, momentum indicators are signaling caution. The Money Flow Index has entered overbought territory, often associated with profit-taking and short-term corrections. If selling pressure emerges, STABLE could decline to support levels of $0.030 or even test deeper levels at $0.025.
If the upward trend continues, a mild correction may occur instead of an immediate sharp decline. Last week, STABLE experienced a similar accumulation phase before continuing its growth. Price is expected to fluctuate between $0.039 and $0.030. If the current all-time high is broken, STABLE could open new growth opportunities toward $0.048, removing bearish forecasts.
STABLE Price Analysis | Source: TradingView The developments in the altcoin market this weekend promise many attractive trading opportunities but also require caution and close monitoring from investors. Timely information and sound decision-making will be key to maximizing benefits from market volatility.