It was a rough week for crypto.
Crowd favorites Bitcoin [BTC] and Ethereum [ETH] both slipped, posting weekly losses of around 10% and 13%. However, while the majors struggled, not every coin moved in the same direction.
Grab your coffee, and here’s a look at the biggest winners and losers in crypto this week.
Weekly winners
A volatile week for Memecore [M]
Memecore [M] had a choppy week, with wide price swings rather than a clean trend. After slipping to a weekly low near $1.28, the token made its way back up, going up about 23% to around $1.58. That bounce pushed prices close to the $1.9 zone before sellers stepped back in.
At the time of writing, M was trading near $1.57, giving up part of those gains and closing the latest session down roughly 15% on the day. Despite the pullback, the recovery from the lows showed buyers were active at cheaper levels.
With pace looking slow for now (with price settling around the middle of its recent range and indicators like RSI close to 50), neither side is fully in control yet.
MYX Finance [MYX] holds while the market finds its feet
MYX Finance [MYX] had a steadier week compared to its peers, managing to stay on the front foot while markets bounced back. The token climbed from around $5.40 earlier in the week to about $6.44 at press time – A gain of roughly 18% from the local lows. Prices briefly tested the $6.8-$7.0 zone before cooling off.
But importantly, MYX managed to hold above the $6.5 area for most of the week.
Daily performance was modest, with the latest session closing up about 1.4%. Strength indicators remained healthy, so all’s stable on the MYX front... for now.
Midnight [NIGHT] fights back after a rough slide
Midnight [NIGHT] had a mixed week, with a short-lived recovery after a steady drop. The token fell to a weekly low near $0.046 before buyers stepped in, pushing prices up to around $0.054-$0.055. That move caused a rebound of roughly 17% from the lows.
However, the momentum didn’t fully stick.
At press time, NIGHT was trading near $0.0537, with the latest session closing down about 2.2% on the day. The price spent much of the week moving sideways after the bounce. Strength remained fairly balanced, with RSI at around 47. While NIGHT appears to be stabilizing, there seems to be a lack of confident direction.
Weekly losers
Binance [BNB] takes a big fall
Binance [BNB] had a rough week, with sellers firmly in control for most of the move. The token dropped from the $760-$770 region to a weekly low near $600; a decline of roughly 15% at its worst.
The fall happened during a clear rise in trading volume during the decline.
At press time, BNB was trading around $643, well below last week’s levels. The price spent the latter part of the week moving sideways, so sell pressure has calmed but the belief hasn’t returned.
RSI was near 26, showing BNB remains deeply oversold, while DMI indicated that the downside control remains firmly intact.
Monero [XMR] slipped lower with persistent sell pressure
Monero [XMR] took a tough beating in the last few days, staying under pressure with little room for a rebound. The token slid 20% from the $400 region to a weekly low near $290. A small bounce followed, but it lacked strength.
At press time, XMR was trading around $325.7, down about 1.1% on the day. There was weak pace, with RSI near 33. While XMR looked to be stabilizing, the fall appeared to have dashed traders’ faith in the privacy coin.
The ZCash [ZEC] downtrend continues
Zcash [ZEC] had another weak week! The token fell from the $290-$300 range to a weekly low close to $200, a drop of just over 30% at its worst. Buyers did step in near those lows, helping ZEC recover slightly.
At press time, ZEC was trading around $234, down about 2.7% on the day. Still, the rebound lacked follow-through, and prices struggled to move meaningfully higher. RSI was near 32, and money flow also stayed negative.
Wrapping up...
Some tokens tried their best, some face-planted, and others just stood there pretending nothing happened. If there’s one takeaway, it’s that the market is still moody, selective, and absolutely not taking instructions from anyone.
As always, this isn’t a shopping list. DYOR, double-check the numbers, and don’t let one green candle persuade you as quickly as it can fall.
Same time next week. Bring snacks.
Final Thoughts
- Bitcoin and Ethereum’s double-digit weekly losses set the tone, but selective buying kept some of the market alive.
- Confidence and belief is driving crypto right now.
