Biggest Gainers and Losers in Cryptocurrency
Biggest Gainers
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Cardano [ADA]
Cardano surged 23% from $0.65 to $0.80 this week, driven by significant buying volume and strong institutional interest. Despite some profit-taking, it has established strong support at $0.80. -
Cronos [CRO]
Cronos gained 21% from $0.073 to $0.089, demonstrating resilience after finding support at $0.070. The token is aiming to break its multi-month downtrend, with strong bullish indicators. -
Bitcoin Cash [BCH]
Bitcoin Cash increased 20% from $318 to $380, breaking past resistance after finding solid support at $300. Consolidation around $380-$390 suggests potential for further gains.
Biggest Losers
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Sonic [S]
Sonic collapsed 34% from $0.75 to $0.49, reflecting a significant breakdown through key support levels. Current indicators suggest further downside potential without recovery above $0.55. -
Jupiter [JUP]
Jupiter dropped 26% from $0.75 to $0.55, failing to maintain earlier momentum as selling pressure took control from the week’s opening. Future recovery depends on reclaiming $0.60. -
Berachain [BERA]
Berachain fell 22% from $8.70 to $6.50, unable to sustain gains from the previous week due to profit-taking and heightened selling pressure around $7.00.
Conclusion
The market demonstrated significant volatility this week, with stark differences in performance among tokens. It remains vital for investors to conduct their own research (DYOR) before making financial decisions.
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