Cryptocurrency analysts have identified 3 tokens that will grow this week

According to cryptocurrency analysts, Solana (SOL), Injective (INJ), and Radicle (RAD) may start a powerful upward movement. Over the past two weeks, INJ and SOL have managed to bounce back from key support levels, and RAD may be able to exit channel consolidation, where it has been for 14 days.

As for the digital asset of Ukrainian developer Anatoliy Yakovenko, in 2 weeks, the price of SOL has bounced off the long-term positive trend line on the chart and tried to overcome the main level of resistance. The cryptocurrency broke the barrier at $ 19.Z5, putting it in support. At the time of writing, Solana is trading at $ 24.30.

According to experts, in the next few days, SOL may continue to grow to the next level of resistance at $ 25.55. Over the past day, the token managed to grow by 13.7%, and over the week — by 25.4%.

On the daily chart of Injective, cryptocurrency analysts have noticed bullish signals that could lead to a significant level of resistance being overcome this week. If the bullish scenario is realized, the price of INJ could break through the resistance level of $ 8.16. At the time of writing, the digital asset is trading at $ 7.95, up 1.2% over the past day. In terms of weekly growth, Injective managed to rise by 13.2%.

The Radicle cryptocurrency has been in the accumulation phase for the past 2 weeks, experts said. This period of consolidation may be a preparation for a strong breakthrough in the price of the cryptocurrency. Over the past two weeks, RAD has been trading in the range of $ 1.22 to $ 1.52. However, the price may try to break out of this sideways channel as the cryptocurrency is trading above the 9-day EMA line, a technical indicator that has been acting as a resistance level for altcoin.

If RAD maintains a position above the 9-day EMA line over the next Z days, it may receive the support it needs to overcome the top level of the current consolidation channel. RAD closing this candle above $ 1.52 may be seen by traders as a bullish event. Further, the cryptocurrency can continue to grow to $ 1.96. At the time of writing, Radicle is trading at $ 1.39, up 1% on the day and 5% on the week.

As a reminder, on the night of October 2, the bitcoin rate rose by about 4%, reaching a new high of $ 28,204 in a pair with the Tether USD stablecoin (USDT) on Binance. The sharp rise in the BTC price provoked a massive liquidation of traders' margin positions on crypto exchanges. According to Coinglass, over $ 111 million worth of short positions were liquidated yesterday.