After the historic Black Monday on August 5th, the cryptocurrency market entered a rapid recovery phase. Notable increases can be seen especially in Bitcoin (BTC) and altcoins. Ethereum (ETH)'s strong stance above $2,500 could indicate the approaching altcoin season. Three altcoins that stand out with the potential to yield 2 to 5 times returns in the coming weeks are Toncoin (TON), Helium (HNT), and Dash (DASH).
Toncoin (TON)
Toncoin (TON) started to quickly regain what it lost in the recent market pullback. TON, which drew attention with a V-shaped recovery, increased its upward momentum by surpassing the short-term resistance trend line. The sudden rise in the daily RSI indicator supports the upward movement of the altcoin, despite encountering resistance around $6.70 at the 50-day Exponential Moving Average (EMA) level. If this resistance level is broken, Toncoin is expected to target the psychological level of $10 by surpassing the Fibonacci resistance at $7.68. Therefore, **TON** stands out as the most-watched altcoin in the coming weeks. 
Helium (HNT)
Helium (HNT) broke the long-standing resistance trend line, catching the attention of investors. HNT, despite market pullbacks, showed an independent rise, recording a 56% increase. As the RSI indicator moves into the overbought zone, the altcoin is moving strongly upwards with support from the 50-day EMA. **HNT** is currently trading at $6.773 and has the potential to reach $10 according to Fibonacci retracement levels. If the current momentum is maintained, HNT is likely to reach a price between $15 and $25 by the end of next week. Therefore, **HNT** is among the altcoins that could yield the most in the coming weeks. 
DASH (DASH)
Dash (DASH) has drawn attention with its recent recovery move, despite being in a downtrend on the daily chart. Rising from the $21.95 level with a double bottom formation, it experienced a 50% pullback from the $43 peak and increased by 12% in the last 48 hours. Although the death cross between the 50-day and 200-day EMA has not yet given a positive signal, the altcoin’s movement at the $24.41 level indicates strong upward potential along with the overall market recovery. According to Fibonacci levels, this bull run could extend to the $56 level or the 1.618 Fibonacci extension level. Therefore, **DASH** stands out as another altcoin to watch closely. 
Thus, the cryptocurrency market demonstrates a rapid recovery after Black Monday. Three promising altcoins, Toncoin (TON), Helium (HNT), and Dash (DASH), may show significant growth in the coming weeks.
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