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3 Altcoins To Watch This Weekend | February 14

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PIPPIN Price Analysis.

Altcoins are showing sharply mixed signals this week, with explosive rallies colliding against deepening corrections across the market. While some tokens are capturing attention with a powerful breakout setup, others continue to struggle near fresh lows.

Thus, BeInCrypto has analysed three such altcoins which investors should keep an eye on over the weekend.

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Pippin (PIPPIN)

PIPPIN ranks among the best-performing altcoins this week, surging 203% over seven days. The meme coin trades at $0.492 at publication, remaining below the $0.514 resistance level. Strong momentum has fueled speculative interest as traders monitor continuation signals.

Technically, PIPPIN is breaking out of a descending broadening wedge, a pattern projecting a 221% rally. A confirmed breakout requires flipping $0.600 into support. While the projected upside is significant, the practical target remains clearing the $0.720 all-time high.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

PIPPIN Price Analysis.
PIPPIN Price Analysis. Source: TradingView

If bullish momentum fades or macro conditions weaken, downside risk increases. A drop below $0.449 support could send PIPPIN toward $0.372. Such a move would invalidate the bullish thesis and negate the wedge breakout structure.

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Aptos (APT)

APT price has declined 12.6% over the past week, forming two new all-time lows during this period. The altcoin trades at $0.899 at publication, remaining below the $1.00 psychological level. Persistent weakness reflects continued bearish momentum across the broader crypto market.

The Money Flow Index currently sits below the 20.0 threshold, placing APT in the oversold zone. Such readings often signal selling saturation and potential accumulation. If the MFI rises above 20.0 and buying pressure strengthens, reclaiming $1.029 could confirm recovery momentum.

APT Price Analysis.
APT Price Analysis. Source: TradingView

If bearish momentum persists, downside risk remains elevated. Continued selling pressure may push APT below current levels. A break lower could result in another all-time low near $0.800, reinforcing the prevailing negative trend.

Kite (KITE)

KITE is another altcoin to watch this weekend as it has emerged as a strong contrast to weaker altcoins, consistently forming new all-time highs this week. The token trades at $0.197 at publication, marking a 53% weekly gain. Sustained upside momentum reflects strong investor demand and improving crypto market sentiment.

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KITE reached a fresh all-time high of $0.210 today, reinforcing bullish technical structure. Persistent capital inflows appear to be driving the rally. If buying pressure continues, the price could extend toward $0.231, supported by strong volume and positive short-term momentum.

KITE Price Analysis
KITE Price Analysis. Source: TradingView

However, overbought conditions could trigger profit-taking. If buying interest begins to fade, KITE may retrace toward the $0.163 support level. A decline to that zone would invalidate the bullish thesis and signal weakening upside momentum.

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Crypto World

Crypto Scam Leader Extradited to China to Face Charges

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Crypto Scam Leader Extradited to China to Face Charges

Li Xiong, a key member of a group that allegedly helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money laundering charges, according to Hong Kong-based news outlet Ta Kung Wen Wei.

On April 1, with strong support from the relevant authorities in Cambodia, a task force sent by China’s Ministry of Public Security successfully escorted Li Xiong, a core key member of the Chen Zhi criminal syndicate, back to China from Phnom Penh, Cambodia,” it said on Wednesday, citing a statement from China’s Ministry of Public Security on WeChat.

Xiong previously served as chairman of Huione Group, an alleged criminal organization that served scam centers in Cambodia that carried out “pig butchering” scams and other investment schemes to steal crypto from victims around the world. 

Huione Group was responsible for one of the largest illicit online marketplaces in the world, handling over $89 billion in cryptoassets.

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Source: Jacob in Cambodia

His extradition comes three months after the arrest of Chen Zhi, the head of Prince Group, which operates Huione Group. In October, it was reported that the US Department of Justice seized 127,271 Bitcoin (BTC) worth more than $15 billion from Zhi.

Related: Hong Kong retiree loses $840K in triple ‘crypto expert’ scam

The US Treasury Department’s Financial Crimes Enforcement Network directed US banks to cut payments and accounts tied to the Huione Group in October.

Authorities ask other Huione members to surrender

Ta Kung Wen Wei noted that several other members of Zhi’s criminal syndicate have been brought to justice “one after another,” citing comments from Chinese public officials.

“Public security authorities will continue to intensify efforts to capture fugitives,” it said, adding:

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“At the same time, they once again warn criminals to recognize the situation, stop before it is too late, surrender as soon as possible, and strive for lenient treatment.”

Magazine: Banks want to run Vietnam’s crypto exchanges, Boyaa’s $70M BTC plan