3 Altcoins to Watch This Weekend (November 8-9, 2025): ICP, MOVE, and AXS
- Why Is Internet Computer (ICP) Surging?
- Will MOVE’s Token Unlock Spell Trouble?
- Can AXS Shake Off Its Slump?
- FAQs: Your Weekend Altcoin Cheat Sheet
The crypto market is buzzing with activity, and this weekend, three altcoins—Internet Computer (ICP), Movement (MOVE), and Axie Infinity (AXS)—are poised for potential volatility. ICP rides high on AI-driven momentum, MOVE faces a critical token unlock, and AXS teeters on a technical breakout. Whether you're a trader or a long-term holder, these assets deserve a spot on your radar. Let’s dive into the details.
Why Is Internet Computer (ICP) Surging?
ICP has been one of the standout performers this week, thanks to Dfinity’s launch of its AI tool, Caffeine. This upgrade doubled the subnet capacity to 2 TiB, boosting HIPAA-compliant dApp performance and sparking investor interest in ICP’s expanding AI ecosystem. The result? A jaw-dropping 166% weekly rally, with ICP now trading at $7.80 after breaking past the $7.61 resistance to hit a 10-month high. If bullish sentiment holds, $10.83 could be the next target. But beware—profit-taking could trigger a pullback to $6.05 or even $4.67, wiping out recent gains.
Will MOVE’s Token Unlock Spell Trouble?
Movement (MOVE) is bracing for a major token unlock this weekend, with 50 million MOVE tokens (worth ~$2.9M) hitting the market. Given its 0.86 correlation with bitcoin and ongoing bearish trends, this influx could amplify selling pressure. A drop below $0.0525 might send MOVE spiraling to $0.0461. On the flip side, renewed investor support could break the downtrend, pushing MOVE past $0.0669 and invalidating the bearish thesis.
Can AXS Shake Off Its Slump?
Axie Infinity (AXS) also faces a token unlock, though a smaller one ($854K), likely minimizing price impact. Still, AXS remains stuck in a month-long downtrend. The silver lining? The MACD hints at a bullish crossover, suggesting a potential reversal. A break above $1.39 could propel AXS to $1.51, while failure to hold $1.18 might see it test $1.00.
FAQs: Your Weekend Altcoin Cheat Sheet
What’s driving ICP’s price surge?
ICP’s rally stems from Dfinity’s AI tool launch, which improved network scalability and sparked demand for its AI ecosystem.
How risky is MOVE’s token unlock?
High risk. The unlock could flood the market with supply, but strong buyer interest might offset the pressure.
Is AXS a good buy now?
It’s a gamble. The MACD suggests upside, but Bitcoin’s movement and broader market sentiment will be key.
