This week put crypto’s “safe-haven” story under real-world pressure — traditional markets saw flows into gold, silver and platinum, while most digital assets traded in a narrow range. Still, a few tokens bucked the trend with notable rallies, while others showed how fast sentiment can flip.
Market overview
- Legacy markets moved toward safe-haven metals, stoking concerns about economic stress and weighing on risk assets.
- Crypto broadly remained range-bound, but individual names delivered outsized moves driven by technical buys and on-chain activity.
Top winners
- Canton (CC): +20% — CC led weekly gains after yet another strong run. The token has posted consecutive weekly advances, averaging roughly 20% per week recently. Technically the daily RSI isn’t signaling overextension, and strong bullish conviction held up after an early-week 9% dip following a prior 37% jump. A quick 13% rebound midweek pushed CC above the $0.117 resistance zone (source: TradingView CC/USDT). On-chain spot accumulation has been cited as a key driver (AMBCrypto). With momentum and accumulation aligned, CC could eye the $0.12 area next — though the pace of gains raises the classic “too much, too soon?” question.
- Zcash (ZEC): +17% — This looks like accumulation on the weekly chart after ZEC’s steep November sell-off (over 60% wiped out in just three weekly candles). The recent back-to-back upticks suggest $300 is consolidating as a base; if buying continues, a move toward the $600 zone becomes a reasonable medium-term target.
- Dash (DASH): +16% — DASH posted its first green weekly close after six straight red weeks (from a $150 November high down to around $44). That drawdown makes it premature to call a confirmed bottom. $50 is the immediate level to watch: a clean break and hold there would keep reversal hopes alive.
Notable altcoin rockets
- Islamic Coin (ISLM): +143%
- NUMINE Token (NUM): +101%
- Apro (AT): +75%
Biggest losers and volatility stories
- Pippin (PIPPIN): -10% — An extremely choppy week for PIPPIN. After breaking $0.50 resistance it fell 15%, then rallied 28% and added another 11% midweek, only to finish the week in the red. On-chain data showed a large leverage sweep — open interest spiked over 90% — which amplified the late-week sell-off. With price back near $0.40, bulls could get a classic reset; if not, a deeper correction toward $0.35 is possible (source: TradingView PIPPIN/USDT; AMBCrypto).
- XDC Network (XDC): down — XDC popped ~12% early in the week toward the stubborn $0.05 zone (a level it has failed to clear five times since November) and was rejected, sliding about 4% on Dec. 27. The late-week rejection tested the bullish case and leaves XDC on the defensive if weakness continues.
- MYX Finance (MYX): down — MYX briefly pushed toward $3.80 but couldn’t clear that ceiling and faded to $3.50 — mirroring early-December action that preceded a drop to $2.90. $3.80 remains the level to beat; repeated rejection would make longs higher-risk and determine whether MYX stabilizes or rolls over.
Wider market pain
- Legacy Token (LGCT): -72%
- Infrared Finance (IR): -55%
- Flow (FLOW): -32%
Bottom line
This week reinforced that crypto still reacts strongly to macro risk sentiment — but selective technicals and on-chain accumulation can produce big individual winners even in choppy markets. As always, volatility is high: manage risk, confirm themes with on-chain and technical signals, and do your own research before trading.
Disclaimer: This article is informational and not investment advice. Cryptocurrency trading carries significant risk; readers should perform their own due diligence before making financial decisions.
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