- AKE-USD-1.17%
- XMR-USD+1.94%
Quack AI (Q), Akedo (AKE), and Monero (XMR) are the top 3 altcoins to watch in the third week of October. Each chart now sits at a decisive level.
Q surged 298% over seven days, AKE gained 24.8%, and XMR added 11.3%. However, their setups differ sharply, ranging from an overheated breakout to a looming supply event.
Quack AI (Q) Price Squeeze Leaves $0.054 as Key Support
Q trades near $0.1298, up 18.8% in 24 hours. The token broke a range that capped price at $0.028 from May until early October. It then cleared $0.054 around October 16.
Leverage appears to have fueled the move. Futures volume reached 25.7 times spot volume on October 18. Meanwhile, short liquidations hit roughly $8.4 million on Binance and Bybit.
The rally coincides with renewed demand for AI tokens, though no project-specific catalyst has emerged.
Warning signs are building. Today’s candle wicked to $0.216 before sellers pushed price about 40% lower. Additionally, the Relative Strength Index (RSI) reads near 87, its highest level on the chart.
Holding $0.10 keeps the trend intact. A daily close below it, however, could expose $0.054, roughly 58% under the current price.
Akedo (AKE) Faces $63 Million Unlock Below Key Resistance
AKE trades at $0.02956, down 1.3% in 24 hours, with a market cap near $673 million. One of top 3 altcoins this for this week has spent a month ranging below the 0.236 Fibonacci level at $0.0321.
The $0.029 to $0.037 zone has capped every rebound since late September. Most recently, an October 15 push to $0.037 failed. Still, the early October low near $0.022 held, forming a higher low.
The RSI sits near 51, signaling neutral momentum. Therefore, the chart shows neither overheating nor strong conviction.
Supply remains the main risk. Roughly $63 million worth of AKE unlocks on October 21, about 9% of market cap. The previous unlock on September 21 preceded a slide into the current range.
A daily close above $0.037 would confirm a breakout from the range. Conversely, losing $0.022 could expose the 0.382 Fibonacci level at $0.0118, about 60% lower.
Top 3 Altcoins: Monero (XMR) Price Tests the $600 Ceiling a Third Time
XMR trades at $590.55, up 1.1% in 24 hours. The privacy coin is pressing against the 0.618 Fibonacci level at $600 for the third time since September.
