Weekly Crypto Market Winners and Losers: DASH, VIRTUAL, ASTER, ENA

Weekly Crypto Market Winners and Losers: DASH, VIRTUAL, ASTER, ENA

Key takeaways

Which crypto tokens gained the most this week?

Dash [DASH], Virtual protocol [VIRTAUL]Zcash [ZEC] led the week in earnings.

Which crypto tokens lost the most this week?

double zero [2Z]Aster [ASTER]Ethena [ENA] experienced significant drops.


He crypto market He began the week with cautious optimism.

The latest update from the Federal Reserve kept things balanced. Yes, they have opened the door to more flexible policy, but further cuts are not guaranteed, so liquidity hopes cooled a bit. Consequently, Bitcoin [BTC] it remained sideways around $110k.

But the real stir? solarium [SOL]. Its new ETFs saw an inflow of $44 million in a single day, bringing total assets to more than $500 million. And yet, utility coins quietly stole the show as the market rewarded actual use over pure hype.

Weekly winners

Dash [DASH] – Privacy token hit multi-year high

Dash [DASH] it outperformed this week’s winners with a rally of over 80%, reclaiming 2022 price levels. In fact, the move sparked strong FOMO, ultimately taking DASH out of its multi-month consolidation range.

Earlier in the week, price action broke below support with a 2.3% drop after failing to reclaim the $60 zone, but buyers quickly stepped in, shifting momentum and fueling a strong rebound over the weekend.

Momentum is now pointing towards the $100 resistance, a key psychological and technical barrier. Still, caution is warranted. DASH derivatives activity increased by 55%, hinting that leverage played a major role in the move.

DASH

Source: TradingView (DASH)

Against this setup, the DASH chart appears stretched, with the RSI at 90, showing that the token is deep in the hot zone. That means a wave of profit-taking could soon ensue, followed by cascading liquidations.

From here, the offer wall will decide what’s next.

If buyers continue to defend the support, DASH could move sideways a bit before attempting the breakout of $100. But if the $50 floor is broken, things could change quickly, with a deeper pullback towards $15 again in play.

Virtual protocol [VIRTUAL] — AI Agent showed resilience in all areas

Virtual protocol [VIRTUAL] was the second biggest gainer this week, rising more than 25%. Sure, the rally isn’t as eye-catching as DASH’s parabolic move, but a closer look shows it’s driven by solid fundamentals.

When AMBCrypto faltered, the price action held firm at the $1.2 support. Buyers jumped in immediately after news of VIRTUAL’s integration with Coinbase’s x402 payment protocol, allowing AI agents to send payments instantly.

Indeed, mid-week resistance at $1.7 saw VIRTUAL fall to $1.25, but a late-week bounce back above $1.9 reinforced a strong technical setup, making VIRTUAL look strong both structurally and on-chain.

Zcash [ZEC] — The privacy veteran entered price discovery mode

Zcash [ZEC] It ranked third among weekly gainers, posting a 20% rise. This was on top of last week’s 37% rise, which saw ZEC return to its 2021 levels.

This week it surpassed $400, setting a new all-time high.

Naturally, the technical aspects seem exaggerated.

On the chart, ZEC is about 8% away from the week’s high of $450, suggesting a short-term cooldown. However, sentiment around privacy tokens has changed dramatically this quarter and ZEC is right at the center of that momentum.

In this context, a drop below $400 seems unlikely for now. Instead, any dip could offer a strong entry zone, and ZEC is likely to consolidate before preparing for a push towards $500+ sooner than most expect.

Other notable winners

Outside of the majors, altcoin rockets He stole the spotlight this week.

Virtual game [GAME] led the charge with a 110% increase, followed by SEDA [SEDA]which jumped 95%, and Railgun [RAIL] gathering 91% to complete the classification.

Weekly Losers

double zero [2Z] – Governance token saw the largest weekly liquidation

double zero [2Z] emerged as this week’s biggest loser, falling 28.62% from its opening of $0.25. Last week’s 7% gains quickly evaporated as 2Z posted its worst weekly performance since its launch in mid-October.

The daily structure reinforced this bearish setup.

2Z started the week with a drop of 8.88%, establishing strong resistance at $0.25. A brief 0.77% green candle the next day offered a bullish window, but momentum quickly faded as buyers failed to defend the $0.22 support.

2Z2Z

Source: TradingView (2Z/USDT)

Consequently, 2Z recorded four consecutive lower lows.

The lack of bullish follow-through clearly shook market sentiment, triggering a wave of panic selling that has now put $0.17 under the microscope, making it the key level to watch in case of any directional breakout.

If the bulls fail to defend this level, 2Z could risk a deeper breakout, potentially retesting its trading lows near $0.12.

Aster [ASTER] — DEX token saw a wave of selling across the market

Aster [ASTER] ranked as the second biggest loser this week, falling 18% after reports emerged that Binance founder CZ dumped 35 million ASTER tokens. The market reaction was swift and caused a sharp sell-off.

Trade and on-chain data confirmed the slowdown.

ASTER sales volume reached 107 million against 103 million purchases, creating a delta of -4 million, while major wallets unloaded 35.6 million tokens. Momentum indicators supported the weakness, indicating strong bearish control.

Technically, support lies near $0.9, where the bulls could attempt a defense. Sustained supply there may trigger a short-term rally towards the dollar, but if sellers continue to dominate, there is still more downside on the table.

etena [ENA] — Synthetic dollar protocol showed weak tracking

etena [ENA] ranked third among weekly losers, falling 15%. This came after two consecutive weeks of gains totaling over 20%, confirming that $0.50 is a strong resistance zone that the bulls have struggled to break.

The weekly structure showed weak bullish follow-through.

ENA opened down 1.67%, extending to three consecutive lows before stabilizing near $0.40 towards the weekend. Still, unless $0.50 recovers, ENA could become trapped in its current feedback loop.

Other notable losers

In it broader marketdownward volatility hit hard.

ChainOperaAI [COAI] led the losers with an 80% drop, followed by Giggle Fund [GIGGLE] fell 61%, and Believe [BELIEVE]which fell 51% as momentum cooled sharply.

Conclusion

This week was a roller coaster. Big bombs, steep drops and non-stop action. As always, stay alert, do your own research, and trade smart.

Next: Solana trades at 3 times its TVL as Wall Street bets big, but traders are cautious

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