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This week in the crypt, market remained stable, with Bitcoin [BTC] Holds nearly $ 108,000 and Ethereum [ETH] Getting about 7% for trade over $ 2.5,000.
Yet the market chased the “hype” over usefulness when the alternation of capital was reflected in memecoins.
In fact, the three best winners of the Meme tokens were, each of which saw two -digit gains in the valuation. Meanwhile, public services projects remained bland.
Bonk [BONK] He started July with an escape rally and jumped almost 50%to trade around $ 0.000020, and after the start of the month for $ 0.00000014 broke two key resistance zones.
This step followed after escaping the textbook from close consolidation, with Bonk reflecting the 60 -day minimum to $ 0.000012 to get late May.
Momentum, however, can be a peak. RSI is back near 80, deep on an exaggerated territory, while MacD flirts with a bear crossover and suggests that it strives to be upside down.
Given that the price is now testing a heavy overhang zone, premature profitable and growing brief interest could push Bonk.
However, if Bulls enters and holds this level, a short compression could light a fresh Fomo, potentially shifting the price towards the ceiling of $ 0.000025.
Otherwise, the rejection opens the door for a healthy pullback towards support of $ 0.000017.
Pudgy penguins [PENGU] This week it increased by 38%to close to $ 0.015 to secure its place as the second largest weekly profit.
However, the rally did not reach 60% of the $ 0.008 support, indicating possible bull fatigue.
After July, around $ 0.010 moved 30%+ rally moves to the beginning of February and probably overturned a piece of underwater holders to profit.
As a result, the pengu with 6% of their weekly maximum, indicating that sellers are recalling. This directorial resistance, paired with the weakening of the subsequent passage, suggests that the bull force can be pale.
If the buyer enters the volume, the peck risks slips back to the demand zone for $ 0.012 to reset.
Fartcoin [FARTCOIN] He secured third place between weekly profits with almost 20% thrust and marked $ 1.30 after the week started for $ 1.09.
This is followed by a reflection of $ 0.80 DIP last week, confirming the strong defense of the buyer over the key psychological level of $, despite the persistent directorial supply.
Near nearly $ 1.30, however, could not stick, while the price became $ 1.16 at the time of printing. This strengthens $ 1.30 as a critical escape zone.
While short -term momentum has cooled, Fartcoin has now entered the firm extent of consolidation.
If the volume is lifted, this coil could support another leg above. Beware of volume spikes as potential escape signals in the week ahead.
In addition to large companies, altcoin missiles stole the reflector this week.
Be [IKUN] led a charge with a 650% jaw growth, followed by Mori Coin [MORI]that exploded 388%and no one sausage [NOBODY]Assembly 283% on the end of the ranking.
Pi [PI] He led the loser this week and fell by almost 15% of his $ 0.63 because Bears regained control.
Importantly, the Pullback followed last week a unsuccessful relief assembly, where 25%was reflected in three days to reach a two -month maximum to $ 0.60. However, this momentum disappeared quickly.
Since its increase in mid -May to $ 1.66, PI tried to create solid support and this week meant its third consecutive minimum, which is a clear continuation of the declining descending.
Despite the decline, RSI has not yet entered a deep -selling area, suggesting that another disadvantage remains in the game if the buyer enters conviction.
Inability to regenerate the break -up level of $ 0.47 could open the door full of $ 0.40 zone and flirt with the minimum of all time.
Such a step would mean a critical collapse, which made the next week a potential moment for a wider PI structure.
Jito [JTO] He published a 14.5% weekly loss, slipping from her $ 2.20 open to $ 1.91 at the time of printing, making it the second largest weekly loser.
The week began by testing the ceiling of $ 2.50 for the third time since June, but the buyers could not break through again, despite any clear signs of excessive stretching.
The refusal pushed JTO back under brand 2 $, a key psychological level that previously triggered reflections for recovery, suggesting that the token is caught in a loop of feedback.
A schedule below $ 1.80 would mean the lowest monthly JTO closure and could signal a deeper structural weakness.
However, if historical patterns were true, there could be a different step towards $ 2.50 in the game, although the change in this resistance to support remains a key obstacle to JTO.
Kaia [KAIA] The week closed a 11% drop, dropping from $ 0.17 open to $ 0.15, securing its place as the third largest weekly loser.
Correction extends by a 5.5% drop in last week, which fully releases profits from its parabolic rally to $ 0.21, which moved the price back to the January maximum.
The week began a modest 2.29% DIP, but sharp in the middle of the reflection of $ 0.16 caused a short bull optimism with 6% reflection.
However, this step was quickly returned by 6.72% of one -day with Selečnuk, probably a bear dominance of sweeping liquidity.
With bears firmly under control and weakening of the Kaia sentiment, Kaia now risks that it slips into a wider declining list. If the momentum does not turn quickly, the June gains could get under a serious threat.
On the wider market, volatility hit disadvantages.
Tokenize XChange [TKX] led losers with 43% drop, then soon [SOON]o 38.5%and meow [MEOW]that slipped by 38%, as the momentum has cooled sharply.
Crypto was wild this week. Large profits, sharp drops and nonstop swings kept traders on the edge.
As always, do your own research, stay on alert and trade wisely!