The collapse of Toncoin to $1.44, down 73.5% from yearly highs, reveals deeper problems than the 74% price crash suggests. AlphaTON’s $420M registration offers hope amid devastation as technical indicators align bearishly with no reversal signals in sight. Can the $1.24 support zone hold against the relentless downward pressure?
SHIB Plunges 17% as Burn Mechanism Halts, Testing Critical Support at $0.0000073
Market Structure Shifts Lower
SHIB drops 17.14% this week as burn mechanism completely halts
Coinbase futures launch fails to stem selling pressure
Six-time tested support at $0.0000073 becomes make-or-break level
Avalanche plummeted 18.3% over the past week, erasing nearly a month of gains as the broader crypto market turned defensive. The devastating drop from December’s peak at $15.26 to current levels near $11.91 came despite positive ecosystem developments, including Gamestarter’s CROSS platform launch and real-time music royalty implementations on the network. The main question for traders is: can bulls defend the crucial $11.27 support that held throughout November, or will sellers push through to test yearly lows?
Chainlink’s price action tells a sobering story as LINK shed 12.8% over the past week to trade at $12.27, erasing months of gains despite announcements of revolutionary cross-chain partnerships and a blockchain system targeting $58 billion in corporate cost savings. The token now sits 47.8% below its 6-month peak, with sellers overwhelming any positive sentiment from the aPriori partnership news or enterprise blockchain adoption developments. The main question for traders is: can the oversold bounce materialize into something more substantial, or will the broader market weakness continue dragging LINK toward single digits?
Cardano’s price action tells a tale of two markets – institutional players accumulating quietly through ETF vehicles while retail traders flee the 15% weekly plunge that drove ADA down to $0.362. The contrast between fundamental strength and technical weakness creates a fascinating setup, particularly as the VECTOR chain launch promises enhanced performance just as price tests critical support zones. The main question for traders is: can institutional flows and technical patterns converge to halt this slide at the $0.347 double-bottom, or will sellers overwhelm even these supportive factors?
VeChain’s native token VET has shed 28.36% over the past month, tumbling from $0.0147 to current levels near $0.0106 as the highly anticipated Hayabusa mainnet upgrade failed to deliver immediate price appreciation. The deployment, which introduced Stargate 2.0 functionality and shifted VeChain to a Delegated Proof of Stake consensus model, couldn’t stem the broader altcoin bleeding that erased over 17% of VET’s value in just the past week. The main question for traders is: has the selloff created a compelling risk-reward setup at these oversold levels, or will the lack of post-upgrade buying pressure signal further downside ahead?
Kaspa’s price action tells a story of sustained selling pressure meeting institutional interest at multi-month lows. The altcoin shed 11.9% this week to $0.0428, marking its lowest price since early 2024. RSI plunged to 38.30, first oversold reading in four months. Whale accumulation intensifies despite price weakness, suggesting smart money sees value.
GateToken surged 11% to breach $10 following Layer 2 launch, aiming to recover from recent losses. With RSI at 46.9 and ADX rising, price action may hinge on overcoming $11.32 resistance. Bulls hope news catalyst will sustain rally, while bears eye $9.20 support.
NEAR Protocol tests multi-month lows at $1.53, down 13% weekly. Exchange suspensions due to network upgrades. Technical indicators signal oversold conditions. Traders wonder if relief bounce will occur or if liquidity vacuum leads to more selling. Market structure shifts lower with NEAR down 52% from six months ago.
HBAR Darts 10% Higher as CME Validation Meets Technical Support at $0.107
Market Structure Shifts Higher
Price bounced decisively from six-month lows at $0.107, climbing 10.2% in three days
CME’s regulated pricing feed announcement sparked institutional interest amid oversold conditions