The crypto market was mixed this week.
While Bitcoin traded sideways, some altcoins saw strong price swings. While a handful of tokens posted strong weekly gains, others extended losses after failing to maintain key support levels.
Overall, the week was filled with technical uptrends, profit taking, and continued rotation towards certain altcoins.
Weekly winners
Lido DAO (LDO) is approaching a key resistance zone
Lido DAO (LDO) It led this week’s moves with a 16% rally. Notably, this follows a two-week rally that took LDO’s total gain to 25%. In just 21 days, the token has made a solid recovery of over 40%.
Why is this important? Despite the recent rise, LDO’s RSI is still far from the overbought zone. This suggests that the rally has not yet entered a crowded phase, leaving room for further upside if the momentum continues.
Technically, this suggests that LDO’s action is more than just random pumping. This rise follows a sharp sell-off in June, when LDO fell to $0.20 and fell below first-quarter lows. The current recovery shows that buyers are stepping back and trying to reverse the previous downtrend.
If this momentum continues, there could be a break towards the $0.40 resistance zone.
For context, LDO faced intense selling pressure around this level in the first quarter, making this a critical area where the bulls can regain. A successful exit could strengthen the recovery narrative, while another rejection could trigger a period of consolidation as investors reassess the next move.
Is Pump.fun (PUMP) still far from reaching full FOMO?
Pump.fun (PUMP) It became the second biggest gainer of the week, rising 13%. Although the RSI remains neutral and PUMP has seen strong trading volume in recent sessions, it may still be too early to call this a full-fledged breakout setup.
For over two months, PUMP has been trading below the key $0.002 resistance zone, making it the most important level for the bulls to regain. However, each weekly rise so far has been followed by a sharp cooling phase; This shows that the accumulation is still not strong enough to support a larger breakout.
In short, although PUMP gives early signals of recovery, the structure still needs to be approved. Until buyers consistently defend higher levels and break the $0.002 resistance, the token will remain in a consolidation phase rather than a confirmed breaking trend.
Venice Token (VVV) witnesses a much-needed weekly charity rally
Venice Token (Tourist Office) This week it ranked third with an increase of 12.3%. For VVV, this could be one of its most important weeks since the middle of the second quarter. From a technical perspective, VVV has remained in a steady downtrend for the past eight weeks, with each weekly close ending in the red.
But this week’s gains have clearly brought VVV back into the spotlight. More importantly, the recovery occurred right after VVV broke below the key $10 support level, indicating that buyers have stepped into a critical zone. In this context, the rally looks more strategic, with the bulls trying to defend lower levels and establish a recovery base.
If this trend continues, VVV could begin its recovery phase. The next major challenge lies around $15 and will determine whether this recovery will turn into a stronger comeback or remain just a short-term relief rally.
Other notable winners
Apart from the big ones, altcoin carriers also attracted attention this week.
IOTA (SN9) led the market with a staggering gain of 5,267%, followed by Akedo (AKE) with an increase of 874%, while TENDIES (TENDIES) rounded out the best performers of the week, up 615%.
weekly losers
Lighter (LIT) textbook enters holding phase
Lighter (LIT) It led this week’s losses, falling 16%. While LIT has seen similar pullbacks following strong weekly gains since its mid-May rally, this correction may be a bit different.
Notably, LIT’s decline comes after three consecutive weeks of rallies in which the token rallied over 60% and reached an all-time high of $2.70. More importantly, the breakout came after a successful retest of the $2 resistance zone, indicating that the bulls were engaged at key levels; This is a trend that supported LIT’s rally in the second quarter.
However, this time the RSI rose above 70, signaling an overheated move. A pullback towards 52 indicates that momentum is cooling, but it also indicates that the market is resetting rather than losing strength.
But technically this marks the strongest RSI pullback since LIT’s rally in the second quarter. In fact, this waiting period could be an important preparation for LIT’s next move. If buyers pull back and the RSI begins to recover, this reset could trigger another upward attempt.
Otherwise, this could be the first real sign that LIT has formed a local peak.
Pi Network (PI) has fallen below a key support zone
Pi Network (PI) It was this week’s second biggest loser, falling 2.7%. While the decline seems modest compared to Lighter’s double-digit losses, PI’s chart looks much weaker, indicating a stronger downtrend.
Notably, this marks PI’s fourth consecutive weekly losses. More importantly, the token has fallen below the key support level of $0.10, putting any short-term upside under renewed selling pressure and hitting a new all-time low.
Technically, PI remains in a bearish structure. Although the RSI has fallen into oversold territory, this alone does not guarantee a recovery. Unless buyers reclaim the $0.10 level, any bounce could be a short-term relief rally rather than the beginning of a trend reversal, keeping the PI as one of the weakest charts on the market right now.
Are Arbitrum (ARB) bulls losing their edge?
Arbitrage (ARB) ranked third among this week’s biggest losers. However, unlike PI, ARB’s chart did not switch to a completely bearish structure. The pullback follows a two-week rally in which the token gained more than 25% in value.
However, this week’s decline comes after ARB failed to break above the key $0.10 resistance zone that has capped the price since early May. The rejection indicates that the bulls are still struggling to reclaim this area, allowing the sellers to regain short-term control.
Technically, ARB is at an important turning point. If the bulls can reclaim the $0.10 resistance zone, the recent pullback could turn into a healthy retest. Otherwise, continued rejection at this level could cause ARB to get stuck in a broader consolidation phase and give it the upper hand in the near term.
Other notable losers
In the broader market, downside volatility has been hit hard.
Cash Cat (CASHCAT) led the losers with a 72% drop, followed by LAB (LAB) with a 66.5% drop, while ETHGas (GWEI) fell 53.3% as the bearish momentum intensified.
Solution
This week has been a rollercoaster for crypto. Big pumps, sharp drops and non-stop action. Like Always be careful, do your own research and trade wisely.
Final Summary
- Lido DAO (LDO), Pump.fun (PUMP) and Venice token (VVV) led the week’s gains.
- Lighter (LIT), Pi network (PI), and Arbitrum (ARB) saw significant declines.
