As the cryptocurrency market experiences a mild downturn following a bearish week, traders are looking ahead to the upcoming weekend, hoping it might serve as a pivotal moment for the industry. Although the ongoing feud between Donald Trump and Elon Musk appears unlikely to subside due to their determination to have the last word, the crypto community remains hopeful that other factors could provide a much-needed boost.

BeInCrypto has identified three altcoins to monitor during the weekend and beyond, analyzing their potential movements over the next two days. These coins could set the tone for broader market sentiment in the short term.

The 1INCH token is anticipated to experience upward price action in the coming days as the protocol undergoes a major upgrade. The 1IP-78 update aims to enhance user adoption and functionality within the 1inch Protocol, potentially acting as a catalyst for positive price movement in the short term. Despite a recent dip of 6%, with the price trading at $0.1982, technical indicators suggest a possible recovery. The Ichimoku Cloud displays persistent bullish momentum, which may assist in propelling the price above the critical support level of $0.2092. This level will play a crucial role in determining the asset's trajectory.

Should bearish conditions persist, 1INCH may face additional downward pressure. A break below $0.2092 could lead to further declines, potentially targeting $0.1886 or even lower to $0.1793. Such a development would negate the current bullish outlook and possibly trigger a prolonged downtrend.

HYPE has emerged as one of the top performers this week, posting an 8% gain. This robust momentum is projected to carry into the weekend, potentially driving the price above $36.47. Should this trend hold, HYPE could continue its upward trajectory, warranting close attention. The Chaikin Money Flow (CMF) indicator reveals that although there have been some outflows, the metric remains above the zero line, indicating ongoing buying pressure. This buying activity could propel HYPE closer to its all-time high (ATH) of $42.25, which is currently 23.8% away.

Conversely, if outflows escalate and market sentiment weakens, HYPE may encounter a decline. A breach of the support level at $31.26 would signal increased selling pressure, potentially resulting in a drop to $27.31. Such an outcome would invalidate the current bullish outlook and shift market sentiment toward bearish territory.

QNT has also demonstrated impressive performance this week, exhibiting strong bullish signals akin to HYPE. The Exponential Moving Averages (EMAs), which recently formed a Golden Cross, continue to expand, indicating sustained bullish momentum. This pattern suggests that QNT could witness further price increases in the near future. The upward momentum may enable QNT to rebound from the $110 support level, with a potential rise to $121. If the price surpasses this resistance, it could pave the way for a move toward $126. This favorable price movement implies that QNT is likely to sustain its bullish trend for the time being.

Nevertheless, if QNT fails to surpass $121, it may continue consolidating beneath this level. Losing the $110 support would expose the altcoin to a sharp decline to $101, negating the current bullish outlook and signaling a shift toward bearish market conditions.

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