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Top 3 Altcoins to Watch for the First Week of August 2026

Top 3 Altcoins to Watch for the First Week of August 2026

BeInCryptoBeInCrypto2026/08/04 12:36
By:BeInCrypto
Unibase (UB), Cardano (ADA), and Algorand (ALGO) posted the best seven-day results among top altcoins in early August 2026. UB gained 61%, while ADA and ALGO added 24% and 13%. Daily charts suggest each rally now faces a decisive resistance test in the first week of August. The table below summarizes the most important chart data for each coin. Altcoin 7-day gain Price RSI Volume trend Unibase (UB) +61% $0.1943 ~70, rising Declining Cardano (ADA) +24% $0.1945 ~70, higher high Rising Algorand (ALGO) +13% $0.0904 62, rising Declining Unibase Leads the Top Altcoins After a 61% Weekly Rally Unibase, a decentralized memory layer for artificial intelligence (AI) agents, gained 61% over the past seven days. UB trades at $0.1943, up 11% in 24 hours, with a market cap of $486 million. The daily chart turned bullish on July 17 (blue circle), when the price broke above a long-term descending resistance line. Since then, UB has gained roughly 140%, printing a clean sequence of higher highs and higher lows. The rally has now reached the 0.236 Fibonacci retracement (Fib) level at $0.1928. If buyers flip this area into support, the April peak at $0.2466 becomes the next target. In case of a correction, the 0.382 Fib at $0.1595 provides the first support. A stronger zone waits near the 0.618 Fib at $0.1056. However, declining volume does not confirm the strength of the uptrend. Moreover, the Relative Strength Index (RSI) sits near 70 and approaches overbought territory. The indicator shows no bearish divergence yet. Cardano Tests the $0.20 Confluence After a 24% Weekly Gain Cardano gained 24% over the past week and trades at $0.1945. The recovery follows a sharp breakdown from a descending parallel channel at the beginning of June. That breakdown quickly reached its target near $0.15. Since then, the area has acted as support and was confirmed four times. The latest bounce on July 28 started the current uptrend. ADA now faces its most important test. Resistance at $0.20 coincides with the 0.382 Fib at $0.2052 and the lower band of the broken channel. Therefore, acceptance back inside the channel remains the key bullish trigger. Such a move would open the breakdown area near $0.23, aligned with the 0.5 Fib at $0.2258. RSI trades near 70 and prints a higher high compared with early July. Momentum leads price, and rising volume gives ADA the healthiest confirmation among the three. Meanwhile, Cardanos recent upgrade and the rally tied to the upcoming Dijkstra era add a fundamental tailwind. Algorand Bounces 13% but the Downtrend Still Rules Algorand added 13% over the past seven days and trades at $0.0904. The bounce started at the $0.08 support zone, which aligns with the 1.0 Fib at $0.0794. The price quickly returned to the 0.786 Fib resistance at $0.0923. This zone rejected ALGO repeatedly in June, so bulls have not cleared it yet. Above it, the next resistance sits at the 0.618 Fib near $0.1024. In contrast to Cardano, declining volume suggests limited strength behind the move. RSI stands at 62, above the neutral 50 line, and leaves room before overbought conditions appear. Furthermore, Algorands quantum security roadmap recently gained attention after France announced new certification rules. Consequently, this weeks move offers some hope, but the broader ALGO structure remains a downtrend. Until the price reclaims the 0.618 Fib at $0.1024 as support, the rally counts as a bounce. Only such a reclaim would signal the start of a medium to long-term bullish reversal.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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