Important collection restaurants
Which crypto -tokens were the highest win this week?
Zcash [ZEC]SPX6900 [SPX]Dexe [DEXE] Led the week in a win.
Which crypto -tokens lost the most this week?
Myx finance [MYX]Doublezero [2Z]Memecore [M] saw significant decreases.
This week the crypto market started with classic “Uptober” energy.
Bitcoin Dominance [BTC.D] Torn past a high of six weeks, which confirmed that this rally was driven by Bitcoin [BTC].
Consequently, BTC hit a new of all time, while Altcoins is still left under important resistance levels.
In short, the market has gone complete risk, with record ETF inflow that flow in. Yet a handful of mid-caps stole the spotlight with big profits.
Weekly winners
Zcash [ZEC] – Privacy -Token posted a triple numeral jump
Zcash [ZEC] This week was at the top of the profit graph with a stunning 140%+ rally, partly fed by external notes, so that ZEC came back in the spotlight after hacking sideways since the peak of $ 60 from December.
The rally started Q4 with a win of 17%, broke the $ 60 level and was followed by an increase of 98% halfway to late week. In particular, 62% of the weekly profit came on October 1, immediately after the hype.
Structurally, the setup looks mixed. The early outbreak was clean and supported by a solid momentum, but the vertical movement of the middle of the week screams overload. The resilience of Bulls will therefore be confronted with a test next week.
Source: TradingView (ZEC/USDT)
Technically, RSI peaks in green and emphasizes the strong FOMO-driven buying. Now it seems that the conviction fades. The 5.96% intraday dip up to $ 147 shows that weak hands are shaken.
If bulls do not occur, ZEC can withdraw to $ 120- $ 130, where it chopped halfway through the week. However, break beyond $ 180, and we are back in FOMO Territory 2021–22, making this week the key to directional bias.
SPX6900 [SPX] – Memecoin broke out of support
SPX6900 [SPX] This week came to the fore as the second largest profit and an increase from 57% to $ 1.50. This increase pushed SPX back to the level of early August, so that 100% of the losses were effectively restored in September.
The movement gives SPX a new momentum on its way to Q4.
On the weekly graph, RSI is still far below the 70+ peak of earlier market picks, which suggests that there is room to walk. However, on the daily graph it can be at the top – RSI has broken 60, although MacD Bullish remains.
With the wider market in a risk-on mode, the Memecoin sector is back in the Green. SPX’s outbreak of $ 1 support sets it nicely for a retest of $ 2, making it an attractive access point for traders.
Dexe [DEXE] – Defi -token saw his bulls regain control
Dexe [DEXE] took the third place on the weekly Gainer’s Chart with a run of 28%. The rally started with two days of lateral heel and a modest lift of 1%, but Q4 started with an increase from 18.45% to $ 11.30.
The next day another 18.45% pushed, with Dexe to $ 13, the highest since June, making the Q2 -q3 losses effectively made up for.
In particular, about half of the weekly profits came halfway through the week, indicating a potential hype-driven peak.
Structurally, bull show power. Last week a base was formed at $ 9, followed by a potential higher layer at $ 10. This setup suggests that an outbreak beyond $ 15 is likely if the momentum applies.
Other remarkable winners
Outside the majors, Altcoin Rockets Stole the spotlight this week.
Georgeplaysclashroyale (Clash) led the load with an increase of 752%, followed by the agenti (AIA), which jumped 733%, and Metadao (Meta), with 338% to complete the leaderboard.
Weekly losers
Myx finance [MYX] – Defi -platform lost 90% of the September profits
Myx finance [MYX] At the top of the weekly losers’ graph and 67% of his $ 16 opened.
The decrease was activated by a steep fall in financing percentages to -0.0033%, indicating that short positions dominated the market.
From a technical point of view, the negative FR indicated excessive leverage on the long side, which caused forced liquidations and a cascade of short -funded sale. The result? Myx broke under the support level of $ 8.
As a result, Myx effectively deleted the profit of September that three consecutive rallies had fueled, and each had not violated the resistance level of $ 20. In this context, a withdrawal of 60% can be considered a “healthy” reset.
Source: TradingView (MyX/USDT)
From a technical point of view, the recent price promotion has effectively cleaned up weak hands, which activates a classic delevering event. The forced liquidations and sale have standardized financing percentages, resulting in a rinse of a textbook.
If buying pressure on the bidding side continues, this setup can offer a solid “dip-buy” opportunity. That said, monitoring Myx’s derivatives activity will be a critical statistics for identifying potential signs of a bullish rebound.
Doublezero [2Z] – Decentralized project saw a roller coaster week
Doublezero [2Z] In second place ranked among the weekly losers, and 27% decreased compared to its $ 0.67. The Altcoin was confronted this week with considerable volatility, powered by increased attention from social media and speculative trading activity.
The sale was mainly activated by allegations of prior knowledge trade, which quickly spread over platforms, in particular X (formerly Twitter), which resulted in a 13% intraday decrease on 2 October.
Despite public clarifications by the founder of the project, traders maintain short positions, they strengthen downward pressure, suggesting that 2Z runs an increased risk of downward swings until the social sentiment stabilizes.
Memecore [M] -Crypto with meme-theme tested key support
Memecore [M] Thirdly, arranged among the weekly losers, and 17% fell open compared to his $ 2.50. This weekly red candle is the first in a four -month bullish run, indicating that Hodlers make a profit.
The week started with an intraday decrease of 27%, whereby the support level of $ 2.30 was broken for the first time, which emphasizes the largest decrease of one day in M’s trade history. This retracement pushed M back to Late August.
In other words, it knew his win in September after testing an ATH of $ 3.
On the bullish side, bids had kicked off a rally of 43% earlier on 30 September. Although many of those profits have been withdrawn, M chops around $ 2 support, making it a critical level to check.
Other remarkable losers
In the wider marketWetterplaats Volatility Hard Hard.
MIRA (MIRA) led the losers with a decrease of 58%, followed by Monbase Coin (MBC), 56% decrease and plasma (XPL), which slips off 45% as momentum sharply.
Conclusion
This week was a roller coaster. Large pumps, sharp dips and non -stop promotion. As always, stay sharp, do your own research and exchange smartly.