The cryptocurrency market is showing signs of price increase, signaling an upcoming altcoin season this week. Meanwhile, some altcoins are experiencing notable network developments, adding to the optimism.
BeInCrypto has analyzed three such altcoins, offering the best price increase opportunities in the coming week.
Cronos (CRO)
Cronos price is showing signs of sustainable growth as expectations rise for the upcoming POS v6 upgrade on 07/28. This important update will improve cross-chain compatibility and overall performance.
This development has created a positive sentiment among investors, potentially pushing CRO into a stronger upward trend in the coming weeks.
Currently, CRO is trading at $0.124 and is trying to hold $0.121 as a reliable support level. A successful bounce could take this altcoin to $0.133. Notably, the 50-day EMA is approaching a crossover above the 200-day EMA, signaling an increased likelihood of an upcoming Golden Cross price increase.

However, significant market changes could challenge the price increase prospects. If downward momentum increases, Cronos could lose its current support and drop to $0.108. Such a decline would negate the current positive structure.
Conflux (CFX)
Conflux (CFX) has seen a strong surge, becoming one of the best-performing altcoins in recent days. Driven by the recent Conflux Conference in Shanghai, CFX has increased 97.5% in the past 24 hours. This altcoin is currently trading at $0.20, attracting investor attention amid high momentum and new community optimism.
Excitement continues to build as Conflux prepares for version 3.0 upgrade, expected in early August. This important milestone could act as a price increase catalyst. If CFX bounces back from the $0.17 support, the altcoin could break through $0.24 and potentially rise to the important psychological level of $0.30 in the short term.

However, risks remain if investors start taking profits after significant gains. A drop below the $0.17 support could push CFX lower to $0.11. Such a move would reverse the current price momentum, causing traders to reassess expectations as bearish sentiment dominates the altcoin price surge.
Bitget Token (BGB)
Bitget, a leading cryptocurrency exchange, announced a partnership with Pudgy Penguins for a resort event in Kuala Lumpur this week.
Although this event is not directly related to cryptocurrency, such partnerships often pave the way for more influential partnerships that can enhance brand recognition and investor interest in the meme coin and exchange ecosystem.
BGB price could increase following this news, especially as technical indicators support price increase prospects. The Parabolic SAR is below the candles, confirming an active upward trend.
If momentum is maintained, this altcoin could break through $5.05, helping the Bitget token recover losses suffered during the May market correction.

However, downward price pressure may still weigh on BGB in the short term. If the price slips below the critical support of $4.83, further losses could pull the token down to $4.46. Such a move would invalidate the price increase prospects and indicate weakening investor sentiment despite positive market developments.
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