2024-04-14 19:05:31
- Toncoin, Neo and LEO outperformed gains recorded on most assets in the market.
- Core, Wormhole and Uniswap topped the chart of biggest losers.
The week ended on a difficult note for the broader crypto market as bitcoins [BTC] It almost fell below $60,000 on April 13. Despite the turmoil, some cryptocurrency prices managed to rise.
However, more projects saw their values decrease than those that won. Here is AMBCrypto’s list of the biggest cryptocurrency winners and losers this week.
Biggest winners
toncoin [TON]
Despite the turbulence that hit the market, toncoin [TON] It defied all forecasts and jumped 19.47%. This helped the token rise to ninth position in the market capitalization rankings.
Although TON rose to $9 earlier, indicators revealed that it might be time for the token to take a step back.
For example, the Awesome Oscillator (AO) on the 4-hour chart was negative, suggesting growing bearish momentum.
The Relative Strength Index (RSI) was below 50.00, indicating that the momentum was bearish. Likewise, the Supertrend showed a sell signal at $7.49.
Therefore, if TON rises towards that level, it might face some resistance and the price might go down.
Neo [NEO]
The price of Neo [NEO] increased by 10.21% in the week that just ended. Although the value had decreased in the last 24 hours, the price previously rose above $20.
At press time, the price of NEO was $17.11. There has also been a decrease in its trading volume. However, if the volume decreases along with the price, the downtrend might weaken and sellers might become exhausted.
If this were the case, NEO might see a rally in the short term.
ONE BUT TIME [LEO]
The massive market crash meant a token like ONE BUT TIME [LEO] He was one of the biggest winners. At press time, LEO changed hands at $5.82, representing an increase of 1.12% over the past seven days.
However, this was one of the lowest the token reached, as its price almost surpassed $6 on April 11. In recent hours the value has also tried to rebound.
If it maintains the momentum, LEO might surpass the $6 milestone within a few days.
The biggest losers
center
Core [CORE] The price fell a whopping 45.66% in the last seven days. This made it the worst performing asset in the top 100.
At press time, CORE was changing hands at $1.41. But during the week, the token’s value dropped more than that.
For example, on April 13, the price fell to $1.25 as selling pressure affected the broader market. Interest in the token has also waned, with volume declining and market cap shrinking.
Heading into the new week, CORE might erase some of its losses, but a performance above $2 might be unlikely.
wormhole
For the second consecutive week, wormhole [W] He was one of the biggest losers. At the time of writing, the price of the token was $0.59, meaning it had lost 44.57% of its value in the last seven days.
However, the technical perspective offered a glimmer of hope for Wormhole. At press time, AMBCrypto noted that the bulls had formed support at $0.47. This was what caused the price to increase to $0.58.
But an overhead resistance stood at $0.81. If the bulls clear this path, W might rise towards $1.20. On the other hand, a breakout might see the price fall below $0.50.
However, the RSI reading was rising, indicating that the bullish thesis might be valid as long as the sellers do not neutralize it.
Uniswap
Uniswap [UNI] He mightn’t help but be one of the biggest losers following the FUD he experienced during the week.
Previously, AMBCrypto had reported
how the SEC’s warning caused panic in the market and triggered a wave of liquidations.
Realistically, here it is Market capitalization of W in terms of TON
As a result, the price of UNI fell by 35.19% in the last week. At one point, the value of the token fell to $5.85. But it has been able to rebound from the lows, trading at $7.32 at press time.
In the coming days, UNI might see some stability, but a stronger push north may not occur any time soon.
Next: From $174M Ethereum Liquidations and Fading $4K Hopes
This is an automatic translation of our English version.
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