Crypto markets have had a volatile week.
FUD dominated headlines after Drift Protocol suffered a $280 million exploit. While regulations also came into the spotlight, stablecoins were a bright spot, attracting $1.24 billion in weekly inflows.
The big picture: This week was about risk, regulation and resilience. In this environment, a few select cryptocurrencies still managed to post significant gains, while others suffered major losses.
Weekly winners
Algorand (ALGO) – L1 blockchain maintained a significant level, preventing a deeper downside
Algorand (SOMETHING) He became the standout player of this week with a weekly gain of 43.85%. What makes this move particularly interesting is the context.
After losing nearly 15% in the first quarter, ALGO started the second quarter with a single-day gain of 14.23%, breaking out of a three-month consolidation below the $0.10 level.
From a chart perspective, the breakout was even more significant. Four daily candles pushed ALGO above $0.12, triggering a short squeeze that caught many bearish positions off guard.
Naturally, the big question is: can ALGO maintain this momentum in the coming weeks?
From a technical perspective, the bulls are not yet in full control. ALGO is down nearly 6% in less than 48 hours, and that pullback is becoming more pronounced as the RSI returns after hitting a multi-month high above 80, the classic overbought zone.
According to AMBCrypto, this waiting period makes sense. ALGO faces resistance near $0.12, a level that held the price back in mid-January.
The bears are clearly eyeing this supply zone and it looks like an uphill battle to continue this rally unless the bulls defend it.
DeXe (DEXE) – Decentralized token maintained bullish trend and strengthened bullish sentiment
DeXe (DEXE) Showing a more resilient price structure compared to ALGO, it ranked second with an increase of 26.05% this week.
From a technical perspective, this week’s gains are part of a textbook bullish continuation pattern, pointing to stable demand and strong fundamental support.
In the context of the broader crypto market, DEXE’s performance clearly stands out.
Therefore, a move past $10 and above $15 could be DEXE’s next significant move. When an altcoin breaks through resistance following sustained demand, it usually attracts more buyers.
If this trend continues, DEXE will be one of the most bullish setups in the altcoin space right now.
Venice Token (VVV) – AI protocol approaching key resistance, aiming for breakout or rejection
Venice Token (Tourist Office) This week it ranked third with an increase of 21.17%.
But the real test of his endurance is just beginning. The altcoin has had a solid bullish structure with four lower highs since February; each of these met a higher low, forming support and triggering minor recoveries along the way.
However, no higher highs have been formed since VVV reached resistance near $8.5. Since falling below this level, it has failed to reclaim this level twice, and on April 4 the token pulled back, indicating that the bears were back in.
Therefore, a clean break above $8.5 will be key for continuation of the rise next week.
Other notable winners
Apart from the main branches, altcoin rockets has been in the spotlight this week.
ONFA (OFT) led the charge with a 112% gain, followed by Layer3 (L3) with a 110% gain, while Arkblock (ABT) rounded out the leaderboard with a strong 74% gain.
weekly losers
Siren (SIREN) – Trading protocol pulled back and gave back 100% of previous gains
Siren (SIREN) It finished the week as the biggest loser, falling 67.64%, and the timing couldn’t have been worse for investors riding on its recent rally.
On the weekly chart, this week’s losses extend beyond last week’s 23.58% drop, and in just two weeks SIREN has erased 100% of the gains from the 290% rise in mid-March to $4.7.
From a technical perspective, this is a textbook holding phase after an extreme rally, where profit-taking often dominates price action.
Naturally, the question for investors is whether this is simply an exaggerated correction that will draw buyers back into the market, or whether it signals the beginning of a deeper downside phase as selling pressure stifles the remaining bullish momentum.
The first scenario seems more likely at the moment.
The daily chart shows that the bulls stepped in with a 270% move on April 4, followed by a 6% intraday bounce and the RSI pulling back from the overbought zone.
If this momentum continues, short-term resistance may lie around $2, giving buyers a chance to regain control.
Midnight (NIGHT) – Privacy token reduces momentum allowing bears to regain control
Midnight (NIGHT) It finished the week as the second biggest loser, down 15.47%.
Looking at the weekly chart, this pullback erases last week’s 14.73% gain, meaning NIGHT has erased its entire recent rally.
Even in the previous rally, the token failed to break through the $0.05 zone, indicating that the bulls are having a hard time sustaining the momentum.
From a psychological perspective, $0.05 naturally becomes significant resistance, and unless buyers step in aggressively, NIGHT risks testing the $0.04 bottom, which it hasn’t touched since Q4 2025.
How the token behaves around this support will likely set the tone for the next few weeks.
Ethena (ENA) – Synthetic dollar protocol strengthens bearish market structure
Athena (ENA) It fell 13.37%, making it the third biggest weekly loser.
Unlike some other cryptocurrencies, ENA’s decline this week actually matters. The altcoin has been recording back-to-back lows, and this week’s pullback pushed it further away from the $0.10 level, signaling that the bearish momentum is still ongoing.
From a technical perspective, the daily structure is strengthening the downtrend and if strong support does not emerge soon, ENA is at risk of testing lower multiples in the near term.
Other notable losers
inside wider marketdownside volatility hit hard.
Core (CORE) led the losers with a steep 66% decline, followed by BabyBoomToken (BBT) falling 48% and Cysic (CYS) losing 42% as momentum suddenly cooled.
Solution
This week has been a rollercoaster. Big pumps, sharp drops and non-stop action. As always, be careful, do your own research and trade wisely.
Final Summary
- Algorand (ALGO), DeXe (DEXE) and Venice Token (VVV) led the week’s gains.
- Siren (SIREN), Midnight (NIGHT) and Ethena (ENA) saw significant declines.
