#山寨币市场回暖# Altcoin is already stirring, and it has fallen as much as it can. Over the weekend, I observed most altcoins, and currently, they have basically re-entered a stage of slight rise. With interest rate cuts approaching, the market may experience a wave, so it's important to follow altcoins; the opportunities are significant.

1.XRP
The accumulation of XRP has reached its highest point in over two years, with 1.7 million tokens purchased in the past month. Market investors are taking advantage of these lower prices to accumulate XRP in large quantities. Changes in net positions on exchanges indicate that the recent increase in XRP holdings has reached its highest level in over two years. This renewed interest suggests that market participants are confident in the potential recovery of this asset and are preparing for a price breakout. In the past month, investors have increased their holdings by approximately 1.7 million XRP, reflecting investor optimism despite the general uncertainty in the market. Such strong accumulation at the current price level highlights investors' confidence that XRP has room for growth and may soon test higher resistance levels. XRP is currently trading slightly below the $3 resistance level.
Thanks to the rapid accumulation of XRP. If XRP breaks through the support level of 3 dollars, it may rise to 3.2 dollars and potentially break through 3.5 dollars. Breaking through this milestone will mark a strong resurgence of market momentum and validate the confidence of long-term holders.
2.PUMP
This week's rise of PUMP is attributed to Pump.fun's active repurchase of tokens worth nearly 12.2 million USD from the open market over the past week. More broadly, its upward momentum is fueled by the newly announced strategic reform project, Project Ascend, by Pump.fun at the beginning of this month. This plan aims to enhance the capabilities of creators on the platform while targeting a 100-fold expansion of the ecosystem in the coming months. PUMP is currently trading at 0.0048 USD. The repurchase by Pump.fun has led to a rapid increase in the market, and this altcoin is expected to break through the new high of 0.0052. Breaking through this milestone will signify a strong resurgence in market momentum and validate the confidence of long-term holders.
3.OM
After announcing a partnership with the digital bank Zand located in the UAE on September 3, Mantra's price fluctuations this week reflect the classic buy the rumor, sell the news pattern. The collaboration aims to establish a framework for real-world assets under the Dubai virtual asset regulatory authority, initially pushing the price of OM towards the resistance level of $1.00, with an impressive weekly rise of 8%. However, the initial enthusiasm has already taken profits, and now the OM price is consolidating at the support level of $0.20. Despite positive fundamental developments, bearish MACD signals are still emerging, indicating that traders are adopting a more cautious stance as the immediate impact of the partnership announcement begins to fade. The recognition of spells as a top performer in cryptocurrencies on September 2 provided additional momentum from external collaboration, but this bullish sentiment has been suppressed by broader market conditions and technical resistance levels, proving too strong to sustain upward movement. According to Bn spot market data, OM faces immediate resistance at $0.25, coinciding with the 50-day moving average. The support for OM is at $0.19. The level of $0.19 represents strong support for OM, coinciding with the 52-week low of $0.20, making it a crucial defensive level for the bulls. Currently at $0.21, it represents fair value according to recent trading activity. If it exceeds $0.25, it could open the path to stronger resistance at $0.40, where the resistance levels for OM become more challenging, above $0.40.