- Top weekly movers: four [FORM]Onyxcoin [XCN]and Dogwifhat [WIF] Saw extreme price fluctuations.
- Top weekly losers: Pi Network [PI]Optimism [OP]and Brett [BRETT] Took a hit behind the charts.
Markets threw a mixed bag this week, but the total Crypto -Market Cap has still pressed a profit of 2.5% to achieve $ 3.43 trillion. Bitcoin[BTC] Sideways minced meat (+0.73%), stuck in reach -bound Limbo, while Ethereum[ETH] Torn +15.8%.
The whale activity increased as the strategy has built up 13,390 BTC worth $ 1.34 billion for an average price of $ 99.8k. In the meantime, Tether made a daring move and purchased 4,812 BTC for $ 459 million.
But despite the heavy accumulation, it was the high and mid-cap altcoins that grabbed the spotlights and steal liquidity flows.
The rotation season may just start.
Weekly winners
Four [FORM] -All-in-one ecosystem missiles to the top
Four [FORM] launched to the top of the weekly gainers leaderboard with a pump of 18.32%.
The lion part-a huge 80% exploded in a single mega-green candle on 12 May, and launched form 16.67% higher early in the week and continues to a fresh all-time high at $ 2.97.
Taking winnings started the next three sessions and pulled shape back to $ 2.60 while sellers tested the tape.
But Bulls regrouped quickly and shot a sharp bounce of 7% with a form of $ 2.86 at the time of the press. Technicis blink bullish divergence.
With strong support for bidding -sided price promotion, the form is ready to challenge the resistance level of $ 3 soon.
Keep this on your scanner – definitely a coin to stay on your radar next week.
Onyxcoin [XCN] – Dao – Protocol Kraampt when the momentum cools down
Onyxcoin [XCN] Clocked in second place on the weekly movers, so that double digits bend profits.
However, it played the comeback -child and shot a surprising midweek rally. The week opened with bears that dominated at $ 0.0186, grinding price lower for three straight sessions.
Then, on May 15, XCN saw a rocket dump of 20.97% that had overwhelmed Shorts and caused a juicy liquidity trap.
Yet bears are not deteriorating. The RSI tilts down while XCN tests the $ 0.020 resistance zone, indicating that the bulls may get out of steam.
The volume has fallen from 27.77% to $ 81.97 million on the press of 27.77%, indicating that bears may be preparing for a new push. A long squeeze can quickly drag XCN lower. Hence, walk carefully!
Dogwifhat [WIF] -Dog-Memecoin breaks through the most important FOMO zone
Dogwifhat [WIF] This week got a breakout from the textbook and clocks in a rally of 13% that in the short term alpha game shouted in a market clouded by Macro Fud.
After a weak open and rejection near the $ 0.97 supply zone, WIF Bulls shot back on 12 May with a monster 26.39% candle, causing a price action through overhead resistance to tag $ 1.34.
That movement reversed an important level in support, where the local bearish bias is invalid and the script reverses.
Momentum overheated quickly, with RSI that hit territory in overbough before he cools.
The CoolDown came quickly: Wif withdrew to $ 1.01 at the time of the press, even as low as $ 0.92.
Source: TradingView (Wif/USDT)
To recharge Wif and break higher, Bulls must defend the demand zone of $ 0.90 – $ 1.00 with conviction. Without a solid bidding wall, another blur can be on the table.
Other remarkable winners
Altcoin Rockets stole the spotlight outside the Majors.
Launchcoin [LAUNCHCOIN] Exploded with a stunning +2002.2% weekly move, which dominated the rankings.
Maple [MPL] Stagde +1761%, while baby boomtoking [BBT] Pumped +270%and drove on a wave of speculative momentum.
Weekly losers
Pi -Network [PI] – Utility Token Retrads Sharsty, knew last week’s benefit
Pi -Network [PI] I am confused this week and at the top of the loser board with a savage 29.65% correction of the weekly open of $ 0.78. Consequently, every centimeter of last week’s meeting knew.
The week started with fireworks. A sample 43.72% Intraday candle on 13 May sent PI rising beyond the psychological $ 1 point, tagging of $ 1.67-one two months high.
Source: TradingView (Pi/USDT)
Bulls were euphoric, realized the profit flooded and illuminated the order books. But that explosive movement turned into a classic bullfall.
That vertical movement led to a classic liquidity yacht, catching late lungs and turning the momentum. The result? A full return to $ 0.69 towards the end of the week.
With a trade volume with 42% and no clear bidding wall in sight, PIs 5.23% on the press of the press looks speculative. Unless Dip-Buyers get up in large, this token can remain grounded for the time being.
Optimism [OP] – L2 heavyweight is falling fast from recent highlights
Optimism [OP] Lost his foot this week, tumbling 18.10% after last week’s failed outbreak attempt near $ 0.9735 – an important rejection point that the script for Bulls turned around.
Although the RSI left the headroom for a rally, it was clear that the bulls had no coordinated push for the psychological outbreak of $ 1.
Bears sniffed the hesitation and bounced, so that the low conviction bid was used to activate a cascade on the sales side.
That led to a quick journey to the south, because in a two -month high tag, just to see weak hands shaking to break life.
The result? A fast distribution round had the price for price dangling near $ 0.70. From a technical point of view, reclaiming $ 0.68 as a strong demand zone is now mission -critical.
But with the drying of the volume, every further weakness can crack the floor, putting the stage down for a deeper leg, unless buyers quickly get off.
Brett [BRETT] – Basic Memecoin organizes a Bullish Rebound
Brett [BRETT] I fell 11.35% this week and landed the third on the loser board.
After reclaiming the $ 0.09 level to close last week, Brett seemed ready for continuation and even tagged a four months high.
But that rally changed to exit-liquidity when holders pressed the exclusion button in the short term without reducing.
The Memecoin lost Snel Momentum, unable to take advantage of Bitcoin’s Chop Fest and graduated retail flows to Wif’s Breakout.
Yet Brett’s Volatility Playbook is not ready. The Token organized a sharp reversal of 13.01% Intraday at the time of the press, which indicates a potential trend shift.
Volume taps and rotation capital can simply go back. If bulls defend this bounce zone, Brett could sign up for a graph flip.
Other remarkable losers
In the wider market, the downward volatility hit hard:
Hometown [HOUSE] Tanked with a steep -58% retracement, which leads the weekly losers.
Revox [REX] and doodles [DOOD] Problem followed, -50% and -34.2%, respectively sliding, in the midst of wider cooling.
Conclusion
Crypto volatility supplied a wild ride with sharp winners and painful pullbacks. Price fluctuations remained fast and furious – the perfect storm for smart traders.
Remember: dyor before you jump in. Stay sharp, exchange smart and drive wisely with the waves!