With Bitcoin's price struggling to find a standing point and direction, altcoins seem to rely on external signals. These signals can change the current direction of crypto tokens and even help them create a surge.
BeInCrypto has analyzed three altcoins that investors should track in the next week.
1inch Network (1INCH)
1INCH is attracting attention as investors await a mysterious announcement expected on 08/19. The project's official post suggests a DeFi merger, causing market speculation.
This altcoin has not had much volatility in recent sessions, consolidating without a clear direction. However, the upcoming announcement could be an important catalyst that may push 1INCH to $0.273. If it maintains this level as support, the token could target $0.311, reinforcing price increase prospects and improving market confidence.
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If investors do not participate after the news, 1INCH risks losing momentum and sliding lower. The price may test $0.241 as a support zone, and if breaking from there could push it lower to $0.222. Such a decline would invalidate the price increase scenario, signaling caution among traders.
OKB (OKB)
OKB has recorded a significant increase in the past week as its supply was halved, driving strong price increase sentiment. The sudden reduction in circulating token quantity created scarcity, attracting investor attention.
In the past 24 hours, OKB's price has increased 28%, reaching $119 at the time of writing. If this upward momentum is maintained, this altcoin could advance to $143 or even higher. Such a move would mark new investor confidence.

If the upward momentum decreases and traders view this price increase as too hot, profit-taking may occur. Selling pressure could push OKB below $105, potentially causing the altcoin to drop further to $77. This scenario would invalidate the price increase argument.
Cyber (CYBER)
CYBER's price stands out this week, driven by its listing on Upbit Korea on 08/12. This development stimulated strong buying activity, pushing the token to record a 51% increase over seven days.
The price surge has not cooled down, with CYBER recording a 16.45% increase in the past 24 hours. Trading at $2.79 at the time of writing, this altcoin shows potential to exceed $2.99. Continuous buying pressure could extend the surge to $3.39, reinforcing investor optimism and attracting more funds.

If unable to maintain the upward momentum, CYBER could reverse recent gains, with a risk of breaking below the $2.38 support level. If selling pressure increases, the token could retreat further to $1.85. Such a decline would weaken the price increase argument, signaling caution for traders expecting continued short-term growth.