A tour of winners and losers in the digital currency market in a week

The cryptocurrency market witnessed a week full of volatility, as some currencies achieved strong gains while others suffered significant losses, amid continued institutional activity guiding the market dynamics. Here is a summary of the most prominent rising and falling currencies during the week.

Winning currencies:

Bitget (BGB) BGB had an exceptional performance this week by rising from $6,011 to $7,137, benefiting from a strong upward momentum that began since November.

The currency continued to record new price highs as trading volume increased, indicating real interest from investors. Technical analysis showed a clear bullish pattern with a positive golden cross forming, supporting the continuation of the positive trend.

XDC Network XDC continued to attract attention with an upward performance of 12%, as it breached the $0.10 barrier after rising from $0.0968. The coin maintained strong trading volume reflecting sustained interest in the market, while technical analysis showed continued upward momentum with the price holding above key moving averages.

Ripple Despite some pullbacks later, strong trading volume and price stability above the major moving averages reflect positive investor sentiment.

Losing currencies:

AI16Z AI16Z was the biggest loser this week, falling 37% from $1.8 to $1.1 after a sharp sell-off. Despite a slight recovery attempt, trading volume continues to decline, with a clear absence of strong support levels, increasing the potential for further price volatility.

RUNE The RUNE coin recorded losses of 33% after falling from $4.9 to $3.395. Technical analysis showed a breakout below the moving averages, causing the gains made in recent months to be lost.

VIRTUAL VIRTUAL token suffered a 31% drop this week, with the price falling from $4 to levels below its moving averages. The MACD indicator has confirmed the sharp negative momentum, while the currency still lacks clear support levels, increasing the risks of a continuation of the downtrend.

Ultimately, the market had a volatile week with BGB and XDC emerging among the best performers, while AI16Z and RUNE suffered significant losses. Caution remains required as volatility continues, while investors monitor technical indicators to make informed decisions.