The crypto market has been a bit cautious towards bullish trends lately, but some altcoins are standing out with significant gains driven by external factors. BeInCrypto has identified three altcoins that could make big moves in the next week.

Avalanche (AVAX) is expected to see some major volatility as a substantial amount of AVAX tokens will be unlocked, valued at over $42.5 million. These token unlock events usually impact price movements due to increased liquidity. AVAX has a history of bullish momentum before such events, and it is currently trading close to breaking the $26.95 resistance level. If successful, AVAX could rally towards $31.15, boosting investor confidence. On the flip side, failing to surpass $26.95 may lead to a decline towards $22.70, potentially affecting investor sentiment.

Mantra (OM) has been holding strong amidst market uncertainties, maintaining support at $5.65. With the current price at $6.15, it is close to reaching its all-time high of $6.48. The altcoin seems poised to break this barrier, potentially setting a new ATH this week, driven by strong buying pressure and favorable market conditions. However, a drop below $5.65 could change the bullish outlook, leading to further declines and impacting market sentiment.

THORChain (RUNE) is expected to see a bullish trend following the upcoming V3.20 release, which will retire the controversial "mimir" key. This update has garnered support from the THORChain community, potentially propelling the price towards breaking the $1.39 resistance level and rallying towards $1.70. A failure to breach $1.39 may lead to a price drop towards $1.11, affecting market sentiment in the short term.