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Top 3 Altcoins to Watch for the First Week of August 2026


Top 3 Altcoins to Watch for the First Week of August 2026

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AI Overview

Unibase, Cardano and Algorand led early‑August crypto gains with UB surging 61% to $0.1943 (market cap $486M) after a breakout that now tests resistance at $0.1928 and targets $0.2466 while volume is declining and RSI nears 70. Cardano climbed 24% to $0.1945 and faces a critical $0.20 confluence; rising volume and a recent upgrade tied to the upcoming Dijkstra era offer fundamental adoption tailwinds. Algorand added 13% to $0.0904 but remains in a broader downtrend and must reclaim $0.1024 to signal a medium‑term reversal despite attention on its quantum security roadmap.

Bullish

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In Brief

  • Unibase, Cardano, and Algorand posted the best weekly gains of early August 2026.
  • UB rallied 61% after a breakout and now tests resistance at $0.1928.
  • ADA fights the $0.20 confluence, while ALGO must reclaim $0.1024 to reverse.

Unibase (UB), Cardano (ADA), and Algorand (ALGO) posted the best seven-day results among top altcoins in early August 2026. UB gained 61%, while ADA and ALGO added 24% and 13%.

Daily charts suggest each rally now faces a decisive resistance test in the first week of August. The table below summarizes the most important chart data for each coin.

Altcoin 7-day gain Price RSI Volume trend
Unibase (UB) +61% $0.1943 ~70, rising Declining
Cardano (ADA) +24% $0.1945 ~70, higher high Rising
Algorand (ALGO) +13% $0.0904 62, rising Declining

Unibase Leads the Top Altcoins After a 61% Weekly Rally

Unibase, a decentralized memory layer for artificial intelligence (AI) agents, gained 61% over the past seven days. UB trades at $0.1943, up 11% in 24 hours, with a market cap of $486 million.

The daily chart turned bullish on July 17 (blue circle), when the price broke above a long-term descending resistance line. Since then, UB has gained roughly 140%, printing a clean sequence of higher highs and higher lows.

UB daily chart / Source: Tradingview

The rally has now reached the 0.236 Fibonacci retracement (Fib) level at $0.1928. If buyers flip this area into support, the April peak at $0.2466 becomes the next target. In case of a correction, the 0.382 Fib at $0.1595 provides the first support. A stronger zone waits near the 0.618 Fib at $0.1056.

However, declining volume does not confirm the strength of the uptrend. Moreover, the Relative Strength Index (RSI) sits near 70 and approaches overbought territory. The indicator shows no bearish divergence yet.

Cardano Tests the $0.20 Confluence After a 24% Weekly Gain

Cardano gained 24% over the past week and trades at $0.1945. The recovery follows a sharp breakdown from a descending parallel channel at the beginning of June.

That breakdown quickly reached its target near $0.15. Since then, the area has acted as support and was confirmed four times. The latest bounce on July 28 started the current uptrend.

ADA daily chart / Source: Tradingview

ADA now faces its most important test. Resistance at $0.20 coincides with the 0.382 Fib at $0.2052 and the lower band of the broken channel. Therefore, acceptance back inside the channel remains the key bullish trigger. Such a move would open the breakdown area near $0.23, aligned with the 0.5 Fib at $0.2258.

RSI trades near 70 and prints a higher high compared with early July. Momentum leads price, and rising volume gives ADA the healthiest confirmation among the three. Meanwhile, Cardano’s recent upgrade and the rally tied to the upcoming Dijkstra era add a fundamental tailwind.

Algorand Bounces 13% but the Downtrend Still Rules

Algorand added 13% over the past seven days and trades at $0.0904. The bounce started at the $0.08 support zone, which aligns with the 1.0 Fib at $0.0794.

The price quickly returned to the 0.786 Fib resistance at $0.0923. This zone rejected ALGO repeatedly in June, so bulls have not cleared it yet. Above it, the next resistance sits at the 0.618 Fib near $0.1024.

ALGO daily chart / Source: Tradingview

In contrast to Cardano, declining volume suggests limited strength behind the move. RSI stands at 62, above the neutral 50 line, and leaves room before overbought conditions appear. Furthermore, Algorand’s quantum security roadmap recently gained attention after France announced new certification rules.

Consequently, this week’s move offers some hope, but the broader ALGO structure remains a downtrend. Until the price reclaims the 0.618 Fib at $0.1024 as support, the rally counts as a bounce. Only such a reclaim would signal the start of a medium to long-term bullish reversal.

Read the article at BeInCrypto
Read the article at BeInCrypto

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Coins

$ 0.195

+3.71%

$ 0.0902

+3.97%

$ 0.196

+9.15%

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In This News

Coins

$ 0.195

+3.71%

$ 0.0902

+3.97%

$ 0.196

+9.15%

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