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2025-10-08 01:00:00

Best altcoins to buy this week: XRP, HYPE, Avalanche enter analyst watchlists

As the crypto market continues to shift, analysts are spotlighting multiple altcoins that show strong potential over the coming days. XRP, Hyperliquid (HYPE), and Avalanche (AVAX) have all entered watchlists thanks to technical patterns, support zones, and momentum signals. In addition to these, MAGACOIN FINANCE is quietly gaining mentions in analyst circles as one of the altcoins to keep an eye on. While the focus today is on the three above, many investors are using this moment to diversify into promising names that could outperform during early bull phases. XRP: Weakening support may invite pressure XRP turned down from the 50-day simple moving average (SMA) ($2.78) on Sunday and surged to the solid resistance at $2.89 on Monday. The repeated retest of a support level tends to weaken it. If the price breaks and closes below $2.69, the XRP/USDT pair will complete a bearish descending triangle pattern. That increases the risk of a fall toward $2.20. Any relief rally is expected to face selling at the moving averages and then at the downtrend line. The bulls will have to thrust and maintain the price above the downtrend line to indicate a comeback. Hyperliquid (HYPE): Can buyers defend $40? Hyperliquid (HYPE) continued its correction and reached the $40 support on Thursday, where the bulls are mounting a strong defense. The relief rally is expected to face selling at the moving averages. If the price turns down sharply from the moving averages, the bears will make one more attempt to sink the HYPE/USDT pair below $40. If they can pull it off, the Hyperliquid price could plummet to $35.50. On the contrary, if the price continues higher and breaks above $49.88, it suggests that the corrective phase may be over. The pair may then rally toward $59. Avalanche (AVAX): Testing key support after drop Avalanche recently turned down sharply and plunged below the 20-day EMA ($30.09), indicating that the bears are rushing to the exit. The AVAX/USDT pair has declined to the 50-day SMA ($26.62), which is likely to attract buyers. If the price rebounds off the 50-day SMA and rises above the 20-day EMA, it suggests buying at lower levels. The Avalanche price could then consolidate between $26.50 and $36.17 for some time. Instead, if sellers sink the price below the 50-day SMA, the pair could descend to $22.50. That brings the large $15.27 to $36.17 range into play. Analyst notes: Emerging altcoin getting quiet mentions In the backdrop of attention focused on XRP, HYPE, and AVAX, some analysts are also quietly flagging MAGACOIN FINANCE as an interesting altcoin to monitor. Its growing community, capped token supply, and whales backing have drawn early interest. While it doesn’t dominate the headlines now, it’s being mentioned as a potential breakout name behind the scenes, especially by those looking for new opportunities beyond the familiar. This makes MAGACOIN FINANCE one of the best altcoins to buy this week for long term gains. Conclusion This week’s altcoin stories include XRP facing key support and resistance levels, HYPE battling to defend $40, and AVAX testing lower bands after sharp declines. Each shows signs of potential inflexion points, either for recovery or further correction. At the same time, MAGACOIN FINANCE is quietly entering the conversation as a lesser-known altcoin with growing backing and structural advantages. For investors looking to balance safer names and promising newcomers, it’s worth keeping on the radar as well. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance FAQs Q1: Why are XRP, HYPE, and AVAX being watched now? They all show key technical levels being tested — support zones, moving averages, and momentum signals that could clue in short-term direction. Q2: What happens if XRP falls below $2.69? That could complete a bearish triangle pattern and push price toward $2.20 based on the setup. Q3: For HYPE, is $40 a make-or-break level? Yes. If HYPE fails to hold $40, it could drop toward $35.50. A break above $49.88 would suggest the correction may be over. Q4: Why is MAGACOIN FINANCE being mentioned in this article? Because some analysts see it as one of the altcoins to watch behind today’s spotlight names. Its fundamentals and growing interest make it a possible breakout candidate beyond just this week. The post Best altcoins to buy this week: XRP, HYPE, Avalanche enter analyst watchlists appeared first on Invezz

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