Top altcoin rise and fall weekly on the crypto market – MYX, ASTER, PUMP, IP

Over 1 billion dollars in liquidation in a single day has shaken the market, with leading altcoins driving the bearish trend and Bitcoin (BTC) closely following behind. This has wiped out all the profits of September.

In that context, mid-cap coins have emerged, leading the growth during the week.

Top altcoin tăng giá trong tuần

MYX Finance (MYX) — This DeFi project has recovered about 50% of its weekly losses.

MYX Finance (MYX) is leading profits this week with a 30% increase, reaching $9.8. Last week, its price fell 11.2% after hitting a local peak at $18, but the current recovery indicates strong support from buyers.

On the daily chart, the situation seems a bit unstable. Since reaching the $19 level in mid-September, MYX has created two lower highs and two higher lows, putting the $15 support level at risk of turning into resistance.

However, the RSI index has not yet reached overbought levels, which could be a positive sign, indicating that the market is not overly stretched and may attract investors to participate in testing higher levels. Otherwise, a deeper correction may occur.

Source: TradingViewMYX has struggled to convert key levels into support, first at $10 and then at $8. If this trend continues, it could further reduce September's gains, indicating a shortfall of investors.

Zcash (ZEC) — The security token has broken through a key resistance level.

Zcash (ZEC) has increased by 13% this week, ranking second on the list of bullish altcoins, just after MYX. Although it is a smaller token, its steady growth has created a bullish divergence, indicating strength despite the slower growth rate.

On the weekly chart, ZEC has recorded four consecutive weeks of gains, making September its best month since November with an ROI of 44%. This altcoin is on track to close the month above a key resistance area.

After breaking the $54 ceiling for the first time in four months with a 12% increase, the RSI indicator remains well-controlled, avoiding overbought conditions. This positions ZEC to target the next resistance level at $60.

Aster (ASTER) — A new emerging project has surged to a new ATH.

Aster (ASTER) has entered the top 3 altcoins with a strong increase this week, but its volatility is very strong. The week started at $1.3, surged to an all-time high of $2.4, then fell 26% to $1.7, showing typical fluctuations.

On the daily chart, the swings are even sharper. ASTER rose 18% at the beginning of the week, but after two weeks of strong growth, it has fallen back 60% of the weekly increase, signaling a typical bullish cycle.

By the end of the week, ASTER has struggled to convert the $1.80–$2.15 level into support, keeping the buyers in control. The next level to watch is $1.60, which may determine whether investors will participate or if the correction will extend.

Other notable bullish altcoins

In addition to the leading coins, altcoins have attracted attention this week.

APEX (APEX) leading with an increase of 704%, followed by I Love Puppies (PUPPIES), increasing by 411%, and PunkStrategy (PNKSTR), increasing by 211% to complete the rankings.

Top altcoin bearish this week

Pump.fun (PUMP) — Meme token reinforces the bearish market structure

Pump.fun (PUMP) is leading the altcoin list this week, falling 20% from $0.006, marking the second consecutive week of lower levels and reinforcing a bearish structure as investors mainly stay on the sidelines.

On the daily timeframe, it started with a 12% fall to $0.005, then recorded a small recovery of 2.3% ( in the first bullish attempt in several days ) but the momentum faded. The next two sessions brought a 13% decrease.

The result? The bearish trend has pushed PUMP back to the mid-September price range, with investors trying to get in, but weak volume indicates no strong accumulation.

Source: TradingViewHowever, by the end of the week, PUMP had stabilized in an accumulation zone around $0.005, indicating the exhaustion of the sellers. If investors participate here, a recovery is possible; otherwise, the profits after the launch may be wiped out.

Story (IP) — The NFT project has seen a significant fall this week with the largest red candle.

Story (IP) is in the top 2 leading coins this week, falling more than 15% and printing the largest red candle ever, with the RSI dropping 25 points, indicating strong selling pressure.

Unlike PUMP, this correction comes after a strong increase in the second half of the year with a peak of $15 in mid-September. With three consecutive months of green ROI, this bearish phase seems more like a healthy correction rather than a trend reversal.

In fact, by the end of the week, the IP is accumulating around the $8 level, indicating there may be a bearish trap. If investors participate, we could see a squeeze back to the $14 level, forming a good entry point for the next rally.

Pi (PI) — The native token of the network has broken below an important support level.

Pi (PI) has faced difficulties this week, becoming the third bearish altcoin with a decline of over 15%, emphasizing that bears still have tight control.

After six weeks of fluctuating around the $0.30 mark, selling has increased, pushing PI down to an all-time low of $0.26, confirming that the bearish trend remains intact, with sellers driving the price action.

The RSI index has been deep in the oversold zone, which may trigger a short-term recovery, but weak buying support and thin volume make this a risky trade. Unless buyers participate strongly, PI seems likely to continue to extend its weekly losses.

Other prominent bearish altcoins

In the broader market, the bearish volatility has hit hard. Syndicate (SYND) leads the list of losers with a fall of 58%, followed by Fasttoken (FTN), down 54%, and OpenLedger (OPEN), down 50% as the downward momentum is strong.

Conclusion

This week has been an emotional journey with big pumps, sharp falls, and non-stop action. As always, stay alert, do your own research, and trade smart.

Mr. Teacher