The cryptocurrency market last week witnessed MemeCore [M], Stellar [XLM], and Mog Coin [MOG] making strong breakthroughs, while Jito [JTO], Tokenize Xchange [TKX], and Maple Finance [SYRUP] experienced deep declines. Bitcoin surpassed the resistance level of 111,000 USD, triggering new capital flows.
[The rest of the translation follows the same professional and accurate approach, maintaining the specific translation rules for technical terms and cryptocurrency names.]What are the notable altcoins from the past week?
Besides the major group, altcoins with significant movements include Manyu [MANYU] rising 543%, Kori [KORI] increasing 326%, and Hyperlane [HYPER] recovering 318%. These coins demonstrate strong growth potential due to positive technical factors and new investor interest.
Conclusion about cryptocurrency market fluctuations this week
The past week witnessed significant volatility with both rapid increases and deep corrections. Capital flow shifted focus to MEME Coins and emerging Layer 1 while older Tokens faced correction pressure. Investors need to carefully research, observe technical indicators, and manage risks strictly before making trading decisions.
Frequently Asked Questions
- What is MemeCore and why did its price surge? MemeCore is the first Layer 1 blockchain for second-generation meme-coins, repositioning meme-coin value with more practical usage goals, helping its price rise 830% this week.
- Will Stellar recover sustainably? Stellar shows positive technical signals and increased nearly 80%, but still needs to observe macro trends and resistance at $0.50 to assess breakthrough potential.
- Can Tokenize Xchange recover quickly? TKX is in an oversold zone with short-term reversal signals, but recovering above $20 requires more sustainable support factors.
- How to assess cryptocurrency price momentum? One should rely on technical indicator analysis, market capital flow, and reliable expert reports to make accurate investment decisions.
- Does Maple Finance have room for price appreciation? With current downward pressure and weak liquidation, Maple Finance will struggle to recover quickly and needs to be monitored for accumulation signals before expecting growth.
