Three altcoins to watch this week: Pump.fun (PUMP) leads with a sharp breakout after gaining 34% in seven days.
Pi Network (PI) rebounds from its all-time low, while Injective (INJ) climbs its Fibonacci ladder. However, the three charts tell different stories about momentum. The table below summarizes where each token stands.
| PUMP | $0.00198 | +34% | Bullish | 70 |
| PI | $0.100 | +24% | Bearish (recovering) | ~50 |
| INJ | $5.27 | +11% | Bullish | ~58 |
PUMP Breaks Out Above 0.382 Fibonacci Level
Pump.fun trades near $0.00195 after a 34% weekly gain, the strongest of the three. The token surged almost 20% on July 19 alone. It has cleared two Fibonacci levels, the 0.236 at $0.00167 and the 0.382 near $0.00200.
Price also broke above the previous swing high around $0.0018. The Bollinger Bands are expanding, and the price rides the upper band. This pattern often signals the start of a fresh uptrend.
The token remains tied to activity on its Solana launchpad. However, the relative strength index (RSI) sits at 70, on the edge of overbought territory. A move back below the 0.236 level would weaken the bullish case.
Pi Network Rebounds From Record Low but Stays Bearish
In contrast to PUMP, Pi Network shows strength without a healthy structure. PI trades near $0.100, up about 24% for the week. The token set a record low of $0.0704 on July 14, then bounced.
However, the rebound only reached the descending trendline resistance. Price has not returned to the breakdown zone near $0.12. That level marks the first real test for buyers.
Volume is expanding, which suggests some capital supports the move. Meanwhile, the RSI has recovered to a neutral reading near 50. Pi remains a regular fixture on altcoin watchlists, yet the recovery looks fragile until PI reclaims $0.12.
Injective Eyes 0.5 Fibonacci Level at $5.61
Injective offers the steadiest trend of the three. INJ trades near $5.27 after an 11% weekly gain. The token has climbed since its February 6 low.
Earlier, the price reached the 0.786 Fibonacci level and rejected it as resistance near $7.30. Now INJ approaches the 0.5 Fibonacci level at $5.61. A clean break there would open the path back toward $7.30.
Institutional interest in Injective has grown in recent months. The nearest support, confirmed on June 27, sits at the 0.236 Fibonacci level near $4.00. However, volume is declining as price rises, and that divergence is the main caveat for the bullish setup.
Altcoins to Watch Next Week
The three charts show a market that rewards breakouts over bounces. PUMP has the cleanest structure, while PI still needs to prove its recovery. Injective sits in between, strong but slowing. The next week could confirm which trend holds.
The post Top 3 Altcoins to Watch For Fourth Week of July 2026 appeared first on BeInCrypto.

6 hours ago
20





English (US) ·