- Top gainers: mantra (+18%), Jito (+8.88%), Dexe (+8.65%).
- Top losers: pengu (-41%), virtual (-34%), XCN (-30%).
The cryptomarkt showed various trends this week, with selected tokens that made remarkable profits in the midst of wider market fluctuations, while others experienced important corrections.
Biggest profit
Mantra [OM]
Mantra [OM] has come forward Week’s top artistClimb from $ 4.50 to $ 5.15, which marks a profit of 18%. The journey of the token contained a dramatic peak on January 30, which fundamentally changed the trading range.
The week started with Mantra who consolidated around $ 4.50, with relatively low volatility.
However, the landscape changed dramatically when prices rise to $ 5.80 on January 30, driven by considerable purchasing pressure.
While taking profit prices revealed the prices of these highlights, Token has maintained a lot of his profit.
Recent trends showed that Mantra founded a new support zone around $ 5.15, despite some downward pressure. The price action suggested a shift in the crypto market structure, with earlier resistance to $ 4.75 that now functioned as support.
Although the current consolidation near $ 5.15 indicated any uncertainty, the higher trade range and the persistent volume suggest that this movement may have a lasting capacity.
Jito [JTO]
Meanwhile, Jito [JTO] has shown strength, secured his position as the second best performer of this week, climbing from $ 2.65 to $ 3.07, with an impressive profit of 8.88%.
The price promotion of the token shows a well -structured recovery after an early week at the bottom.
The week started with JTO test support for $ 2.65, which means that the technical analysts often call a springboard pattern before they started climb.
A decisive movement emerged on January 30, when the prices broke through several resistance levels and eventually reached $ 3.50.
Trade volume, at 619.4k JTO at the time of the press, remained healthy during the advance and validated the upward momentum.
From a technical perspective, Jito maintained a strong position over both the 50-day (3,0372) and 200-day (2,7104) advanced averages, which confirms the bullish market structure.
The RSI at 51.48 was on neutral territory, which suggested space for further up without immediate overbought concern.
Source: TradingView
Today’s trade shows persistent power, with a profit of 2.40% while the token stabilizes around the level of $ 3.07.
What is especially remarkable is the price behavior on the support level of $ 3.00, which retains despite recent market volatility.
The volume patterns during this consolidation phase suggest institutional accumulation instead of speculation driven by the retail trade.
Although some profitable almost current levels would not be surprising, the overall technical image remained constructive.
The most important level to view is $ 3.00, which should now support any retracements. The measured pace of the advance suggests that this rally has sustainable characteristics.
Dexe [DEXE]
Likewise Dexe [DEXE] Has caught the attention of the traders and protected his position as one of this week’s best artists. It recovered from $ 20.00 to $ 21.70 for a profit of 8.65%.
The journey of the token this week has been particularly remarkable because of its dramatic V-shaped recovery after a sharp sale.
The determining moment of the week came on January 29, when prices fell to $ 14.00 in a dramatic sales event.
However, buyers got in quickly and put a powerful recovery in that the prices pushed over $ 20.00 again. This reversal showed remarkable resilience of the market and strong convictions of the buyers.
Recent trade showed Dexe who consolidated above $ 21.00, with the recovery maintaining his momentum by smaller, constructive pullbacks.
The price promotion since the bounce systematic accumulation suggests instead of buying reactive, whereby every small dip that supports support at gradually higher levels.
Although some consolidation near the current level would be healthy, the strong recovery pattern indicates potential for further upwards.
Top 1,000 profit
Beyond the top performers, the wider market showed considerable activity, with Whiterock [WHITE] Leading the top 1,000 tokens with an increase of 317%.
Follow closely, NFTX [NFTX] and AI -Meangellen [AIC] achieved impressive profit of 315% and 280% respectively.
Biggest losers
Pudgy Penguins [PENGU]
On the other side of the Spectrum, Pudgy Pinguins [PENGU] Experienced significant headwind. It has passed a brutal trade week, fell from $ 0.028 to $ 0.014, with a decrease of 41%.
The price promotion of the token does not reveal not -aligning sales pressure, with little signs of delay.
The week started with immediate sale, when Pengu broke for $ 0.025 under crucial support. What followed was a systematic deterioration of the price, with every attempt at bounced fresh waves of sales.
The decline accelerated to the middle of the week, with prices temporary support found around $ 0.017 before it was shattered for further pressure.
Recent trade showed that it was struggling to even maintain the level of $ 0.014, with a decreasing volume during auxiliary attempts that indicate decreasing buyers’ interests.
Although over -sold circumstances can generally cause a technical bouncing, the persistent sales pressure and the lack of substantial support levels are a relevant image.
The current price structure suggests the potential for further weakness, unless there is a considerable shift in market sentiment.
Virtual protocol [VIRTUAL]
Likewise, virtual protocol [VIRTUAL] Substantial sales pressure, fell from $ 2.50 to $ 1.64, which marked a considerable loss of 34%.
The price action reveals a accelerating downward trend with few signs of meaningful support.
The weekly graph painted a grim image, starting with immediate sales pressure that pushed the prices below the critical level of $ 2.40.
A short break of around $ 2.10 turned out to be temporary, because sellers remained firmly under control. The decline increased on February 1, when token quickly broke through multiple support levels.
From a technical perspective, Virtual is now acting well under both the 50-day (2,9746) and 200-day (0.9938) advanced averages, indicating a significant deterioration in the crypto-market structure.
The MACD showed an in -depth negative momentum with measurements on -0.09307, while volume patterns suggested a persistent sales pressure at 366.58k virtual.
Source: TradingView
Proper period trade showed a modest bounce of 2.63% to $ 1.64, although this seemed more technical than a signal of trends.
The price action continued to form lower highlights and lower lows, a classic bearish pattern, which showed that the downward pressure may not be over yet.
The most worrying aspect is the lack of substantial purchasing interest during recent withdrawal, with volume remarkably higher during Down movements than assistance.
While token retained a position above his 200-day advancing average and offers a number of technical support in the long term, the immediate prospects remain a challenge without a considerable shift in market sentiment.
Onyxcoin [XCN]
Onyxcoin [XCN] has surrendered its recent profits, tumbling from $ 0.045 to $ 0.031, with a steep fall of 30%. The descent of the token this week shows a classic pattern of post-rally exhaustion and accelerating sales pressure.
The week was opened with immediate weakness when XCN dropped from $ 0.045, which briefly supported $ 0.035 before another leg pushed prices to $ 0.023 on January 28.
While buyers appeared on these levels and caused a bounce of up to $ 0.038, the recovery turned out to be short -lived.
Recent trade shows that it is struggling to maintain the land above $ 0.030, with every attempt at a Bounce meeting fresh sales pressure.
The succession of lower highlights and lower lows, in combination with decreasing volume during care, continues constant vulnerability.
Although over -sold circumstances can cause a technical struiting, the damaged market structure indicates that buyers hesitate at the current level.
Top 1,000 losers
In the wider market context, Pippin [PIPPIN] led the falls below the top 1,000 tokens with a decrease of 73%, followed by Wijnstok [VINE] and Griffain [GRIFFAIN]who, respectively, registered 64% and 59%.
Conclusion
Here is the weekly summary of the biggest profit and losers. It is crucial to take into account the volatile nature of the cryptomarket, where prices can change quickly.
It is therefore best to do your own research (dyor) before investment decisions are decided.
