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The cryptocurrency market has seen significant gains over the past 24 hours, after a mixed week. The total was up 6 percent on the previous day, at $1.077 trillion. This is an increase of 5.3% in a week, and a decrease of 4.7% in a month. The market is likely to see a lot of positive action in the next few days due to the Ethereum consolidation sometime early next week. With that in mind, here’s a roundup of the most promising coins in the short (and long) term. These 5 cryptocurrencies may see a price increase this weekend.
These 5 Cryptocurrencies Could See Price Increases This Weekend
1. Battle Infinity (IBAT)
IBAT is up 1% in 24 hours, at $0.00401539. However, it decreased by 12% in a week.
The IBAT chart indicates that it has already started to rise after breaking out of the bottom. This is very likely as the entire market seems to be about to converge due to the merger.
IBAT is one of the most promising new altcoins on the market. It has quickly attracted listings since it went on pre-sale in early August, debuting at the Pancake Swap on August 17th. LBANK exchange also recently listed it, as well as DEX Coin98. More details will be coming soon, all of which will give you an amount of money to witness additional benefits.
if so # Coin98 exchange It’s a glorious galaxy, these are 5 new stars that will shine soon✨✨
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– Coin98 Exchange (@coin98_exchange) September 4, 2022
Based on the Binance Smart Chain, Battle Infinity is a sports-oriented game style. Still under development, it will feature a variety of NFT-based games, including the IBAT Premier League. The latter allows players tp build their own virtual sports teams composed of NFTs of real-life athletes. Spoken teams compete against each other, winners receive crypto-based prizes.
Over time, Battle Infinity will grow to include other crypto and NFT based games. On top of this, it also includes a competitive savings feature, its own DEX and NFT marketplace. All this sounds very ambitious, which is why IBAT is included in our list of 5 cryptocurrencies that could show a price increase this weekend.
2. Ethereum (ETH)
ETH is up 5% in the last 24 hours, reaching $1,705. This is the highest level in the past two weeks, a 7% jump in seven days and remaining essentially flat in a month.
ETH applicants have hit the sweet spot. The relative strength index (in purple) has just crossed 50 and is on its way. Similarly, the 30-day moving average (in red) shows a breakout due to a move up to the 200-day average (in blue).
Now that the merger will be finalized next week, this split could be coming soon. This is to happen between September 13 (Tuesday) and 15 (Thursday), according to co-founder Vitalik Buterin.
The merger is still expected to take place around September 13-15. What’s happening today is Bellatrix’s hard fork, which sets up the merge chain*. It’s still important though – make sure you keep your customers updated!
– vitalik.eth (@VitalikButerin) September 6, 2022
The successful completion of the merger will give ETH a short-term boost, but will result in the coin’s long-term price decline. Due to staking, ETH distribution supply will decrease, while rewards will be lower than mining rewards. This is why it is one of the 5 cryptocurrencies that will see a price increase this weekend.
3. LUCKY BLOCK (LBLOCK)
LBLOCK is down 31% in the last 24 hours, down to $0.00055653. It’s down 57% in a week, but up 32% in two weeks.
LBLOCK rate has dropped off a cliff in the last 24 hours. Its RSI has fallen below 20, and is still around 30. Similarly, the 30-day moving average is below the 200-day, suggesting a bearish trend. This means it’s oversold, and now might be a good time to buy cheap.
What seems to be happening with LBLOCK is that the market has become more volatile after opening up a lot of liquidity. However, in the long run, the depth of the coin market and its demand may increase. For example, LBLOCK recently went live on Gate.io, and it has also been listed on Uniswap, MEXC Global and LBANK exchanges in the past few weeks. If only by making it more accessible to more buyers, these kinds of listings will be very positive in the long run.

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Currently running on Ethereum, Lucky Block is a crypto gaming platform that allows users to enter prizes with a minimum guaranteed payout of $50,000. These prize draws were launched at the end of May, and LockBlock has recently expanded its ecosystem to include various NFT-related competitions.
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Lifetime access to one #NFT Draws, weekly contests and more are exclusively available #PRC NFT Holders! ?
Get it now at https://t.co/DppL2Cq1q6 ?#NFT competition #NFTs #NFT collection pic.twitter.com/nmvgVNvFOA
– Lucky Block (@luckyblockcoin) August 18, 2022
One of the most exciting features of Lucky Block is that LBLOCK owners can earn rewards for voting. Charities that receive a 10% share of each prize fund. Such features make it an interesting idea, which is why it is included in this list.
4. Read DAO (LDO).
LDO rose 4% in one day, to $1.99. That’s a 5% drop in a week and a 12% drop in a month.
The LDO indicator had a see-saw week, dropping to around 30 before jumping back to 60. As this trend continues, the 30-day moving average will form a golden cross with the 200-day.
Interestingly, LDO is one of the 100 best performing coins in the last 90 days. This is because Lido is one of the leading multi-chain blockchain platforms in crypto, and Ethereum’s move to PoS has created even more demand for Lido’s services. In fact, it is the largest stock platform for Ethereum stock, so it will benefit the most from the merger.
1/ @LidoFinance It represents the largest liquid stacking derivative (LSD) supplier of any protocol on @ethereumOver 4.1 million shares $ETH.
But Lido doesn’t stop there…
Let’s examine how Lido aims to expand dominance @optimismFND And @arbitrum. ? pic.twitter.com/0t9PbwbVkH
– Messari (@MessariCrypto) August 22, 2022
Lido is also launching staked ethereum (stETH) – a crypto that is issued when people stake ETH on Ethereum’s new beacon chain – on layer-two chains, such as Argent. This ability to deploy stETH on layer-two networks will be very useful for traders who want to use the altcoin for defiance purposes. By extension, it will inevitably increase the use of the Lido network, which is already the second largest DeFi protocol in the market by total value locked ($7.5 billion).
Lido stETH starts at Layer 2
Ethereum is shrinking, and so is Lidom.
Lido stakeholders will soon be able to use their stETH assets via DeFi at Layer 2.
Read more about it here: https://t.co/QCsQry4V41
— Lido (@LidoFinance) July 18, 2022
LDO can be traded on Binance and MEXC Global.
5. Ethereum Classic (ETC)
At $38.52, ETC jumped 4.5% on the day, and 16% on the week. It has also increased by 5% in the last 30 days.
ETC indicators are showing some strong upside, which may extend into the weekend. Its RSI is up to 60, while the 30-day moving average is riding a jump above the 200-day, for room to spare.
Ethereum Classic benefits indirectly because of its integration. This means, when Ethereum miners are busy, many will likely migrate to Ethereum Classic. This increases the security and robustness of the Ethereum Classic network, which was previously criticized for being vulnerable to 51% attacks. Now, the increase in mining will increase market confidence, which will lead to an increase in demand.
In fact, hashrate data indicates that miners are starting to move to Ethereum Classic. According to BitInfoCharts, the volume has more than doubled since mid-July. It is bound to rise following the merger, which is why ETC is one of the 5 cryptocurrencies that could see a price increase this weekend. It can be sold almost everywhere.
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