Crypto market’s weekly winners and losers – M, CFX, BONK, FARTCOIN
The post Crypto market’s weekly winners and losers – M, CFX, BONK, FARTCOIN appeared on BitcoinEthereumNews.com. Key Takeaways MemeCore [M], Four [FORM], and CONFLUX [CFX] led the week with sharp price surges. In contrast, Fartcoin [FARTCOIN], Bonk [BONK], and Virtuals Protocol [VIRTUAL] saw significant decline. This week in crypto saw a sharp market pullback. Bitcoin [BTC] dipped below $113,700 and Ethereum [ETH] slipped over 5%, driven by weak U.S. jobs data and rising recession fears. Meanwhile, ETFs saw major outflows, ending a strong inflow streak. In policy, the U.S. unveiled a 160-page crypto report. And yet, the standout volatility came from the memecoin sector, underscoring its high-beta, speculative character. Weekly winners Memecore [M] — Memecoin blockchain posted a sharp bullish reversal MemeCore [M] dominated the charts this week with a clean 35%+ move off its $0.32 base. In fact, it snapped a two-week bleed where it dumped over 50% from its $0.07 ICO level. The week kicked off with a textbook retest of the $0.30 support after a brutal 29% drawdown the week prior. From there, bulls stepped in hard. M saw a 42% intraday rip on the 2nd of August that sent it smashing through the $0.45 resistance. Despite the surge, RSI stayed below overheated territory. Source: TradingView (M/USDT) But things cooled quickly near $0.70. That level acted like a supply wall, triggering sell pressure and trimming gains into the weekly close. Still, M made back nearly all of its recent losses and reclaimed bullish structure, definitely one to watch if it consolidates above $0.45. Four [FORM] — Community-governed asset repeated a key pattern Four [FORM] wrapped the week as the second-highest gainer, notching a clean 20% move and printing a high wick up to $4. While it’s since pulled back to around $3.70, it’s still holding above the key $3.60 level which is a spot that acted as stiff resistance for the past two weeks.…
The post Crypto market’s weekly winners and losers – M, CFX, BONK, FARTCOIN appeared on BitcoinEthereumNews.com.
Key Takeaways MemeCore [M], Four [FORM], and CONFLUX [CFX] led the week with sharp price surges. In contrast, Fartcoin [FARTCOIN], Bonk [BONK], and Virtuals Protocol [VIRTUAL] saw significant decline. This week in crypto saw a sharp market pullback. Bitcoin [BTC] dipped below $113,700 and Ethereum [ETH] slipped over 5%, driven by weak U.S. jobs data and rising recession fears. Meanwhile, ETFs saw major outflows, ending a strong inflow streak. In policy, the U.S. unveiled a 160-page crypto report. And yet, the standout volatility came from the memecoin sector, underscoring its high-beta, speculative character. Weekly winners Memecore [M] — Memecoin blockchain posted a sharp bullish reversal MemeCore [M] dominated the charts this week with a clean 35%+ move off its $0.32 base. In fact, it snapped a two-week bleed where it dumped over 50% from its $0.07 ICO level. The week kicked off with a textbook retest of the $0.30 support after a brutal 29% drawdown the week prior. From there, bulls stepped in hard. M saw a 42% intraday rip on the 2nd of August that sent it smashing through the $0.45 resistance. Despite the surge, RSI stayed below overheated territory. Source: TradingView (M/USDT) But things cooled quickly near $0.70. That level acted like a supply wall, triggering sell pressure and trimming gains into the weekly close. Still, M made back nearly all of its recent losses and reclaimed bullish structure, definitely one to watch if it consolidates above $0.45. Four [FORM] — Community-governed asset repeated a key pattern Four [FORM] wrapped the week as the second-highest gainer, notching a clean 20% move and printing a high wick up to $4. While it’s since pulled back to around $3.70, it’s still holding above the key $3.60 level which is a spot that acted as stiff resistance for the past two weeks.…
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