Weekly Crypto Winners and Losers: ADA, BCH, JUP, SOL Insights

Weekly Crypto Market Recap: Top Gainers and Losers

• Biggest gainers: Cardano [ADA], Cronos [CRO], Bitcoin Cash [BCH].
• Biggest losers: Sonic [S], Jupiter [JUP], Berachain [BERA].

The cryptocurrency market showed dramatic divergence this week, with major tokens posting gains while others declined. This volatility highlights the sector-specific nature of the current market conditions.

Biggest Winners

Cardano [ADA]: Smart Contract Platform Surges

Cardano [ADA] led the crypto markets this week,increasing 23% from $0.65 to $0.80. The rebound began with a large green candle on March 3, elevating ADA from $0.65 to $0.85 in one session.

After profit-taking briefly pushed prices back to $0.80, ADA rallied on March 5 and 6, testing the $1.00 resistance. While momentum above this level wasn’t sustained, the token has support around $0.80.

Trading volume hit yearly highs during the early-week surge, suggesting strong institutional interest. The sustained buying pressure accompanies ecosystem progress and increased adoption of Cardano’s blockchain solutions.

Technical indicators remained bullish despite consolidation, with the RSI holding above 60. This indicates continued buyer interest without the asset being overbought.

Cronos [CRO]: Exchange Token Shows Strength

Cronos [CRO] increased 21% from $0.073 to $0.089. The exchange token showed resilience after finding support at $0.070, which proved to be a notable accumulation zone.

The positive momentum started on March 3, propelling CRO above $0.080.Continued buying interest pushed the token to a weekly high of $0.089 on March 6.

The token’s 50-day moving average crossed above its 200-day moving average, forming a golden cross pattern, which frequently enough signals the start of a new bullish phase.

Despite the gains, Cronos must overcome resistance at $0.090 to sustain the upward trend. Successfully breaching this level could lead to further gains toward $0.10.

Bitcoin Cash [BCH]: Legacy Chain Revival

Bitcoin Cash [BCH] rose 14% from $330 to $375. The rally mirrored gains in Bitcoin [BTC], suggesting positive sentiment toward major cryptocurrencies.

The upward momentum began on March 4, with BCH breaking above the $350 resistance. The rally continued during the week, driven by optimism surrounding Bitcoin’s price.

Technical analysis shows that BCH faces immediate resistance at $400. A prosperous break above this level could result in further gains toward $450.

The Moving Average Convergence Divergence (MACD) indicator is bullish, supporting the possibility of further price appreciation in the near term.

Biggest Losers

Sonic [S]: Meme Coin Correction

Sonic [S] experienced a steep correction, plummeting 30% from $0.78 to $0.54. The meme coin, which saw significant gains last week, could not sustain its price.

Trading volume spiked during the decline, indicating wholesale distribution rather than isolated profit-taking.

the token’s relative strength index (RSI) plunged into oversold territory below 30, yet buyers showed little interest.

The weekly close brings S close to its three-month low of $0.45, with no clear support levels visible below. For any meaningful recovery, the token needs to reclaim the $0.55 level.

Jupiter [JUP]: Solana DEX Aggregator Under Pressure

Jupiter [JUP] declined 26% from $0.75 to $0.55. The Solana-based DEX aggregator failed to maintain momentum as sellers took control on Monday.

The downward pressure began on March 3, with JUP dropping from $0.75 to $0.69 in the first trading session. The breakdown accelerated on March 4, with the token losing nearly 15% in a single day and closing at $0.64.

Technical indicators deteriorated rapidly, with the RSI falling below 30 by mid-week, indicating oversold conditions. despite this, dip buyers remained notably absent, with each bounce meeting selling pressure.

The 50-day moving average at $0.74 now sits above the current price, while the death cross pattern [50-day MA crossing below the 200-day MA] continues to exert downward pressure. Trading volume remained elevated throughout the decline, peaking at 4.9 million USDT on Thursday, when JUP tested the $0.59 support level.

Recent sessions show the token struggling to find stability around $0.55, with minor bounces lacking conviction. For any meaningful recovery to materialize, JUP must first reclaim and hold the $0.60 level.

The longer-term chart presents concerns, with JUP now trading at its lowest level since late January.The consistent pattern of lower highs and lower lows suggests the path of least resistance remains downward, with the $0.50 level representing the next critical support.

Berachain [BERA]: Last Week’s Winner Turns Loser

Berachain [BERA] suffered a sharp reversal, declining 22% from $8.70 to $6.50. The layer-1 protocol failed to maintain its momentum as profit-taking turned into a sell-off.

The decline began on March 3, with BERA shedding over 10% in the first two trading sessions. By March 4, selling pressure intensified, driving the token to a local bottom of $6.20 before a minor bounce emerged.

While buyers attempted to stabilize prices around $7.00 mid-week, each recovery attempt was met with selling. The token has now formed a series of lower highs and lower lows, signaling a potential trend reversal.

The $6.50 level represents critical support,with any break below potentially triggering another wave of selling. For any meaningful recovery, BERA needs to reclaim and hold above $7.00.

Top 1,000 Losers

several tokens experienced dramatic losses. GoPlus Security [GPS] led the declines with a 68% drop, followed by AI Rig Complex [ARC] and Shadow Liquid Staking Token [X33], which plummeted 55% and 51%, respectively.

Conclusion

This weekly recap highlights significant shifts in the cryptocurrency market. Given the market’s volatile nature, prices can change rapidly so it’s crucial to conduct thorough research before making any investment decisions. Consider both the potential upsides and downsides, and always manage your risk accordingly. Staying informed and making well-researched decisions will help you navigate the crypto market.

According to the experts interviewed, what metrics are most important to consider when evaluating crypto investments?

Crypto Market Analysis: Interview with Trading Expert, Alena Petrova

Introduction

This week’s crypto market saw considerable volatility, with some cryptocurrencies surging while others tumbled. To gain a deeper understanding of these market movements, we spoke with Alena Petrova, a veteran crypto trading analyst at Quantum Leap Analytics. Alena brings years of experience in dissecting market trends and predicting potential future movements. Here’s what she had to say.

Interview: Alena Petrova on Crypto Market Trends

Archyde: Alena, thanks for joining us. This week, Cardano [ADA] notably outperformed many others. What’s driving this surge?

Alena Petrova: Thanks for having me. Cardano’s performance really stands out. The 23% increase is linked to renewed institutional interest and ongoing developments within the Cardano ecosystem. We’re seeing increased adoption of its blockchain solutions, which is reflected in the trading volume hitting yearly highs. Investors are responding positively to the continued advancement of the platform.

Archyde: Cronos [CRO] also showed significant gains. Is this solely tied to its associated exchange, Crypto.com, or are there other factors at play?

Alena Petrova: While the health of Crypto.com undoubtedly influences CRO, the golden cross pattern—the 50-day moving average crossing above the 200-day moving average—is a critical technical indicator here. This signals the potential for a new bullish phase beyond just exchange-specific factors. Traders are looking at both the fundamentals and the technicals.

Archyde: Bitcoin Cash [BCH] mirrored Bitcoin’s [BTC] gains.Is BCH simply riding on Bitcoin’s coattails, or is there more to it?

Alena Petrova: There’s definitely a correlation, but BCH has its own dedicated following. The rise mirrors positive sentiment in the broader crypto market,especially toward established cryptocurrencies. Though, it’s crucial for BCH to breach the $400 resistance level to prove its self-reliant strength. The MACD indicator is definitely giving traders some encouragement.

Archyde: On the losing side,Sonic [S] experienced a significant correction. What are the warning signs for meme coins like Sonic, and how can investors protect themselves?

Alena Petrova: Meme coins are inherently speculative. The rapid decline in Sonic [S] underscores the risks. Investors should look for signs of concentrated ownership, low liquidity, and a lack of fundamental value. When the RSI plunges into oversold territory, it’s a massive warning sign, and the absence of buyers just intensifies the concern. Diversifying your portfolio and allocating only a small percentage to high-risk assets like meme coins is essential. Also, have a pre-determined exit strategy. without it,you’re just gambling.

Archyde: jupiter [JUP], a Solana-based DEX aggregator, also faced downward pressure. Is this specific to Jupiter, or is it indicative of broader issues within the Solana ecosystem?

Alena Petrova: JUP’s decline highlights the competitive nature of the DeFi space. While the Solana ecosystem is generally thriving, individual projects face challenges. The death cross pattern is a bearish indicator, and sustained selling pressure, even in oversold conditions, suggests a lack of confidence in JUP’s short-term prospects. Investors should monitor the broader Solana landscape but also look closely at JUP’s unique value proposition within that ecosystem.

Archyde: Berachain [BERA] turned from winner to loser. Why do these volatile swings happen so rapidly in crypto?

Alena Petrova: The crypto market is still maturing. News, sentiment, and even social media trends can create rapid shifts in momentum. In BERA’s case, early profit-taking intensified into a broader sell-off triggered by market corrections. The key takeaway is the importance of risk management and avoiding the herd mentality.If buyers are met with selling at every turn, it’s probably best to just exit.

Archyde: we saw some smaller altcoins like GoPlus Security [GPS] experience truly devastating losses. What lessons should investors learn from these extreme cases?

Alena Petrova: These extreme cases underscore the importance of due diligence and diversification. Investors need to deeply investigate the underlying technology, team, and tokenomics of projects. avoid putting all your eggs in one basket, especially with very small, obscure altcoins [smaller than top 400]. When you invest in smaller projects, be prepared to lose it all.

Archyde: A final, thought-provoking question for our readers: Considering the inherent volatility in the crypto market, what factors do *you* prioritize when evaluating potential investments? Share your thoughts in the comments below!

Conclusion

Alena’s insights highlight the importance of understanding both the technical and fundamental aspects of cryptocurrencies. The market’s volatile nature underscores the need for informed decision-making and robust risk management. Thank you, Alena, for sharing your expertise with us.