Crypto
BlockInsider Top 5 Altcoin Gainers & Losers: VVV Leads The Week
VVV, MNT, and UNI struggle after sharp losses, while ATOM and JST rally toward resistance that could determine their next moves.
BLOCKINSIDERLoadingVVV, MNT, and UNI struggle after sharp losses, while ATOM and JST rally toward resistance that could determine their next moves.
The altcoin market is splitting into two sharply different camps as recent sell-offs push several tokens toward critical support levels. Fibonacci retracements and exponential moving averages now define the battleground between buyers and sellers.
The coming sessions could reveal which altcoins are preparing for a recovery and which remain exposed to another wave of selling.
VVV price tumbled 21.22% over the past week and now trades at $21.883, below the 0.5 Fibonacci retracement at $22.855. Sellers rejected the 0.236 level at $29.064 and have driven price lower since. A support cluster at $20.079 and $19.902 now sits within reach. The circled zone on the chart marks where the next reaction could emerge.
VVV trades at $21.883 after a 4.06% daily loss. The session opened at $22.808 and peaked at $23.258. Price sits below the 0.5 level and above the faster EMA at $19.902. The slower EMA at $15.731 continues to rise.
The bearish case centers on the $20.079 to $19.902 zone, where the 0.618 Fibonacci level meets the faster EMA. A daily close below that cluster exposes the 0.786 level at $16.127, near the slower EMA at $15.731. Failure to reclaim $22.855 keeps pressure on price.
A daily close above $25.630, the 0.382 Fibonacci level, would invalidate the bearish outlook.
That move would recover most of the week's losses and shift momentum back to buyers. Price would then target $29.064, the 0.236 level that capped the previous bounce.
MNT dropped 19.44% over the past seven days and now trades at $0.546, below both exponential moving averages. The slide has retraced about half of the prior rally and pushed price onto the 0.5 Fibonacci level at $0.539. Sellers cut through the $0.604 and $0.563 EMAs in quick succession. The next move depends on whether that Fibonacci level holds.
MNT trades at $0.546 after a 1.10% daily loss. Price holds just above the 0.5 Fibonacci level at $0.539. The faster EMA at $0.563 and the slower EMA at $0.604 both sit overhead. A long upper wick on the latest candle shows buyers failed to hold gains above $0.608.
A daily close below $0.539 would open the 0.618 Fibonacci level at $0.494. Deeper losses point to the 0.786 level at $0.431. Both EMAs now sit above price, which keeps rallies capped.
A daily close above $0.604 would invalidate the bearish outlook. That move would reclaim both EMAs and the 0.382 level at $0.583.
Buyers would then aim for $0.638, the 0.236 Fibonacci level.
UNI fell 21.21% over the past week and now trades at $7.339, well below the EMA at $8.317. The decline began after rejection near $9.326 and accelerated once price broke $8.540. Sellers now control the daily trend, and the $6.998 support line stands as the next major test. A relief candle on October 9 has so far failed to challenge nearby resistance.
UNI trades at $7.339 after a 3.08% daily gain. That candle is the first green session after three straight red ones. Price sits under the $7.483 resistance line and below the EMA, which now slopes downward.
The bearish case targets $6.998, the support line that stopped the October 8 plunge. A daily close below it exposes $6.573 and then $6.026. Rejection at $7.483 would confirm the bounce as a pause within the downtrend. A daily close above $8.540 would invalidate the bearish outlook.
That level clears the EMA at $8.317 and reclaims the earlier support zone. Buyers would then target $9.326, the high that started the decline.
ATOM surged 15.35% since October 2 and tagged $2.020 on Friday before settling at $1.970. The rally pushed price into the 0.786 Fibonacci level at $1.971, where sellers slowed the advance. The latest daily candle added 11.80% and lifted price well above the EMA at $1.758. The next test sits at $2.069.
ATOM trades at $1.970, almost exactly on the 0.786 Fibonacci level at $1.971. The daily candle opened at $1.761 and left a long upper wick near $2.020.
The 0.5 level at $1.840 now sits well below price as nearby support.
The bullish case targets the 1.0 Fibonacci level at $2.069. A daily close above $1.971 would confirm acceptance above the 0.786 level and clear the path higher. The 15.35% advance since October 2 shows persistent demand. A daily close below the EMA at $1.758 would invalidate the bullish outlook.
Such a move would also erase the 0.382 level at $1.785. Sellers would then target $1.718, the 0.236 level, with the $1.610 low as the final floor.
JST price rose 8.94% over the past week and now trades at $0.143 on the daily chart. The advance began at the 0.786 Fibonacci level of $0.131 and now presses against resistance at $0.147. A rising EMA has guided the trend higher. Buyers hold the initiative, and a breakout could open a path toward $0.154.
JST trades at $0.143 after a 2.18% daily gain. Price holds above the $0.137 Fibonacci level, which marks the 1.0 extension. The EMA at $0.131 rises beneath price and lines up with the 0.786 level at $0.131. Together they form a layered support zone.
The bullish case rests on that support. A daily close above $0.147 would clear the black resistance line and open the 1.618 extension at $0.154. The 8.94% advance from $0.131 shows buyers actively defending the zone. A daily close below $0.131 would invalidate the bullish view. That move would break both the EMA and the 0.786 level. Price would then target $0.126, the 0.618 Fibonacci level, with $0.123 as the next floor at the 0.5 level.
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