Crypto
Top 5 Altcoins To Watch This Week: Polygon Boosts Reward
Five crypto assets face pivotal price levels as technical patterns, network developments, and shifting momentum shape their next moves.
BLOCKINSIDERLoadingFive crypto assets face pivotal price levels as technical patterns, network developments, and shifting momentum shape their next moves.
Crypto markets are showing a sharp divide between tokens attempting to recover and those struggling to regain lost ground. Some assets are approaching critical resistance levels that could unlock fresh rallies, while others risk extending their declines.
BlockInsider has analysed network upgrades, governance proposals, and changes to staking incentives that are adding new catalysts to an already volatile market.
DASH is currently trading at $52.95 after a 2.46% daily gain. Price reclaimed the Bollinger middle band at $50.93 and sits above the 0.786 level at $50.83. The upper band at $54.02 sits just overhead. The Bollinger Bands are also converging, which is generally considered as a sign of incoming volatility.
Evo Platform 5.0 targets an October 2026 release. It broadens what apps can express and enforce on-chain, from provable rankings to spending-capped keys and paid moderation. Price has held higher lows since mid-October, and the bands are tightening. A close above $55.71 targets $59.13, the 0.5 level.
A daily close below $50.83 would invalidate the bullish thesis. That break would lose both the 0.786 level and the middle band. The decline would then target $47.84, the lower band.
Quack AI price is presently at $0.074 after a 29.02% daily rebound. The token fell 34.86% from its mid-October range before today's bounce. Price sits between the 1.236 level at $0.070 and the 1.382 level at $0.076.
Q neared the top 100 tokens list during its rally, then lost momentum. Sellers pushed price below $0.126 and printed lower highs after the October 19 spike. Today's bounce stalled at $0.085, the 1.618 level. A close below $0.060 targets $0.052, the 0.786 level.
A daily close above $0.085 would invalidate the bearish thesis. That move would erase today's rejection wick. Buyers would then target $0.126, the 2.618 level.
BTW can be seen changing hands at $1.287 after a 22.76% daily decline. Price plunged as much as 47.41% intraday before buyers lifted it from $0.876. The moving averages at $0.965 and $0.567 sit well below.
BTW has fallen 46.46% since October 19, with each rally failing at lower highs. Sellers broke the $1.732 and $1.493 supports in succession. Today's long wick shows dip buyers, yet the close stayed below $1.493. Going forward, a daily close below $1.215 targets $0.898, the prior base.
A daily close above $1.493 would invalidate the bearish thesis. That move would reclaim the broken support. Buyers would then target $1.732.
NEAR Protocol (NEAR) trades at $4.495 after a 2.20% daily decline. Price sits below the 0.618 level at $4.541 and the moving average at $4.812. NEAR has failed at $5.451 twice since October 15.
House of Stake opened voting on proposal HSP-029. The proposal would ramp maximum issuance down from 2.5% to 1.6% over 24 months.
That cuts future dilution by about 11.8M NEAR in two years.
Buyers defended $4.293 on October 24, keeping the structure intact. A daily close below $4.293 would invalidate the bullish thesis. That break would target $3.978, the 1.0 level. Buyers need a close above $4.812 to target $5.103.
Polygon (POL) trades at $0.091 after a 2.25% daily gain. Price presses a descending trendline that has capped rallies since Sept. 28. Both moving averages, at $0.096 and $0.099, sit overhead.
Polygon will fund boosted POL staking rewards from accumulated network fees under PIP-92. The estimated 7.7% APY runs from October 1 to December 1. Buyers defended $0.089 support on repeated tests. A close above the trendline and $0.098 targets $0.102.
A daily close below $0.089 would invalidate the bullish thesis. That break would lose the support floor. The decline would then target $0.083.
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