This week's crypto market delivered mixed signals across major altcoins. On the upside, XCN surged dramatically with a 92.46% weekly gain, while JASMY climbed 53.01% and RENDER pushed ahead with 49.88% gains—solid momentum for these projects. Meanwhile, the downside saw notable pressure on certain assets: NIGHT dropped 20.72%, ZEC retreated 14.68%, and CC fell 10.26%. The volatility reflects typical weekly market swings where momentum can shift rapidly across different segments. Bitcoin, Ethereum, and XRP continue to anchor broader market sentiment, though alternative tokens showed strong divergence this period. Traders monitoring these movements should keep an eye on support and resistance levels as the market sets up for the next phase.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
This week's crypto market delivered mixed signals across major altcoins. On the upside, XCN surged dramatically with a 92.46% weekly gain, while JASMY climbed 53.01% and RENDER pushed ahead with 49.88% gains—solid momentum for these projects. Meanwhile, the downside saw notable pressure on certain assets: NIGHT dropped 20.72%, ZEC retreated 14.68%, and CC fell 10.26%. The volatility reflects typical weekly market swings where momentum can shift rapidly across different segments. Bitcoin, Ethereum, and XRP continue to anchor broader market sentiment, though alternative tokens showed strong divergence this period. Traders monitoring these movements should keep an eye on support and resistance levels as the market sets up for the next phase.