Cryptocurrency markets remained cautious this week as selling pressure continued to weigh on Bitcoin and altcoins. While major cryptocurrencies struggled to gain traction, smaller-cap tokens experienced more volatile moves, with some posting double-digit declines as traders awaited signs of sustained strength.
Weekly Winners
Bitway [BTW] emerged as the week's strongest performer, surging nearly 50% for its seventh consecutive week of gains. The Bitcoin-focused DeFi infrastructure token reached a new all-time high of $2.70, bringing the $3 mark into focus. However, the token reversed more than 5% intraday to $2.30 as some holders took profits. Key support sits around $1.80, with a close below that level potentially triggering further selling.
Pearl [PRL], an AI-focused crypto project, climbed nearly 30% after reaching an all-time high of $2.10 on October 14th. The token traded around $1.87 at press time, retaining most of its weekly gains. The pullback reflected profit-taking following the sharp rally, though buyers maintained the price well above earlier weekly levels. The $2–$2.10 resistance zone represents the immediate hurdle.
Monero [XMR], a privacy-focused cryptocurrency, jumped from $537 to $570 as buying pressure increased. The token crossed the $565 resistance level, though the long-awaited breakout remains unconfirmed. Bulls must hold above $565 to move higher, with $575 and $600 as critical technical levels to watch.
Other notable gainers included TAU FA [TAUFA] with a 252% gain, Quack AI [Q] with 233%, and Verified Emeralds [VEREM] with 121%.
Weekly Losers
MemeCore [M], a Layer-1 blockchain focused on meme coin culture, posted the largest decline with a nearly 23% drop. The correction marks the token's fourth consecutive week of losses as it failed to hold above the $2 support level. Bears have pushed the price back to late-June support around $0.8, leaving many short-term holders underwater. RSI is entering oversold territory, which could facilitate a rebound toward $1.00 if the $0.70 support holds.
Pump.fun [PUMP], a Solana-based memecoin launchpad token, dropped nearly 20% as selling pressure mounted. Sellers have pushed the token below the $0.00475 level, indicating buyer weakness. Although RSI is reaching oversold levels, $0.00430 represents the critical support zone to watch. A break below this level could trigger further losses.
Midnight [NIGHT], a privacy blockchain token, declined about 18% as selling pressure mounted. The token fell toward $0.04 from $0.05, with buyers appearing reluctant to support the dip. Critical support sits around $0.041, with further downside toward $0.035 possible if this level breaks.
Other significant losers included Talus [US] down 74%, Super Inu [SI] down 50%, and Blur [BLUR] down 46%.
