Ali Charts has published separate technical setups for six altcoins, with Midnight (NIGHT), The Sandbox (SAND) and LayerZero (ZRO) posting weekly gains above 40%, while Chainlink (LINK), Cardano (ADA) and Solana (SOL) face fresh downside risks.
According to the analyst, Midnight rose roughly 51% from about $0.032 to $0.049 over the past week, testing resistance near $0.052 twice. A four-hour close above that level could open a path toward $0.060. The Sandbox gained about 52%, moving from $0.043 to around $0.065 and reaching nearly $0.078 on Oct. 3 before pulling back. Ali Charts is watching $0.063 as support, with a rebound target of $0.077 after a TD Sequential buy signal.
LayerZero added roughly 43%, reaching $2.29 and trading near the upper boundary of a rising channel around $2.28. A rejection there could push ZRO toward the channel's lower boundary near $2.
For the downside setups, Chainlink is breaking below the neckline of a head-and-shoulders pattern on the four-hour chart while it remains below $13.56. The first downside target is $12.39, followed by $11.98 if selling continues. Cardano rejected the upper boundary of its ascending channel on the daily chart, with a potential decline toward $0.21. Solana has broken below support on its four-hour chart; a close below $117 would confirm the breakdown and put $114, then $111, in focus.
The broader altcoin market has weakened. The total crypto market cap excluding the top 10 assets fell 1.05%, or $2.51 billion, to $235.68 billion in the latest session, after reaching about $255 billion before forming lower highs. Earlier in the week, the same measure stood at $242.89 billion after a 0.63% four-hour gain. Immediate support sits near $235 billion, followed by $230 billion and $220 billion, while $240 billion is the first recovery level and $250 billion remains major resistance. RSI is at 33.08, below its 44.67 average, while the MACD line is at negative $2.13 billion, below the negative $1.01 billion signal line.
