Chainlink (LINK) has been pulling off a mammoth run over the past 2 years. Price has consistently bounced to higher highs and the community around Chainlink continues to grow and spread the words about LINK. From the following chart we can see price receiving enormous amounts of volume when price is increasing and a decrease in price when price retraces, indicating that there are still far more buyers than sellers. The 1D 200MA (pink line) is still very much in an uptrend. When deciding which Altcoins to buy this week, it’s important to take these technical factors into account.

Although many are calling for a “top” on Chainlink, the fact is that a trend will continue until proven otherwise. Although we do have some bearish formations on the 1D chart with the most recent double top, the trend on Chainlink is still very much a bullish one. It’s evident that people are still topping up their positions and looking for lower entries if they pop up..

Matic Network (MATIC) recently broke down from a long standing trendline due to BTC crashing to the $3k region back in March. Price has since consolidated underneath that trendline and formed a pennant, eventually breaking to the upside these past few days. MATIC has since crossed an important upper trendline from its previous peaks, but MATIC needs to reclaim the 1D 200MA (pink line) and the previous trendline before it can continue its journey upwards and this is why it deserves a spot on our Altcoins to buy this week list.

With staking coming up for owners of MATIC tokens and rumors around an upcoming Coinbase listing doing the rounds on social media, it’s becoming a highly discussed a token and this is causing volume to pour into the asset on exchanges like Binance. MATIC was one of the first big IEOs to hit the market and hasn’t lost its place in the spotlight just yet. We’re expecting a massive Q2 for MATIC and a continuation of that progress into Q3.

Solana (SOL) is one of the latest coins to hit exchanges, especially Binance which allowed a ton of volume to flow into it over the past few days. Looking at the 4H chart, we can see that sellers are exhausted and buyers are starting to become the majority market participants. Creating a higher low is the first start in creating an uptrend and that’s why it’s on our list of Altcoins to buy this week. If SOL is indeed beginning a trend upwards, it’s not something we want to miss out on..

Solana (SOL) has been touting insane speeds and big partners since their IEO on Coinlist a few weeks ago. Having brought the interest of crypto projects like Kin, the platform provides decentralized applications with a high throughput blockchain that is able to scale without implementing sharding technology. Solana is on our list of Altcoins to watch because it’s still very young and presents a lot of opportunity in the future.