Altcoins experienced a mixed performance last week, some making significant gains while others remain in correction mode. Telcoin (Tel) led the rally with an increase of 88%, pushing its market capitalization in front of $ 1 billion, while Sonic (s) jumped almost 40% despite the current difficulties since its brand change.
Litecoin (LTC) also won almost 30%, recovering the market capitalization level of $ 10 billion, while Dexe (Dexe) fell 11% while he continued his peaks in early February. Meanwhile, Ondo remained in a downward trend, but could be set up for recovery as the wider RWA sector increases.
Telcoin (Tel)
Telcoin (Tel) has jumped 88% in the last seven days, making it one of the most efficient altcoins of the week. This increase has pushed its market capitalization over a billion dollars and has reached its highest price level since December 2021.
This solid rally highlights a renewal of the interest of investors in the project while such a long phase of consolidation. With such momentum, Telcoin has reintegrated the projector as one of the most efficient assets on the market.
Suchcoin aims to revolutionize funding of funds by providing a transparent and profitable means of sending money worldwide. Thanks to the Telcoin portfolio, users can send FIAT funds to more than 20 countries.
If the bullish momentum continues, this could soon test the level of $ 0.013 and even extend its rally to $ 0.015. However, if the trend is reversed, such could go back to $ 0.0075, with additional drop potential at $ 0.0063, or even $ 0.0042 in a stronger decline.
SONIC (s)
S jumped almost 40% in the last seven days, bringing back market capitalization to around 1.5 billion dollars. Despite the solid price rebound, the commercial volume has dropped 37% in the last 24 hours, now at 89 million dollars.
This suggests that although the purchase pressure remains, the overall activity of the market around S has slowed down in the short term.
Sonic, formerly known as Fantom, aims to be the fastest and most effective EVM layer, combining speed, incentives and high -level infrastructure.
However, since its brand change, the project has been faced with challenges, with its price still dropped by 63% since mid-December 2024. Although the recent rally is a positive sign, Sonic is still working to find confidence investors and rebuild the momentum.
If the current upward trend continues, S could test the resistance at $ 0.60, and an escape above this level could push it to $ 0.65.
However, if s loses his momentum, he can return to $ 0.47, with an additional drop in $ 0.37, or even $ 0.33 if the sales pressure is intensifying.
Litecoin (LTC)
Litecoin, one of the most likely altcoins to receive FNB approval in the United States, has climbed almost 30% in the last seven days, its price now negotiating recent summits. Its market capitalization has recovered the threshold of $ 10 billion, reporting a renewal of investors’ interests.
However, the volume of exchanges decreased by 22% in the last 24 hours, now to $ 1.24 billion, which suggests a slight slowdown in market activity despite the strong rally.
The EMA lines of LTC indicate that the increased trend could continue, with short-term mobile averages positioned above those in the long term.
This upward configuration suggests that the momentum remains strong. If the trend is valid, the LTC could test the resistance at $ 141 and $ 147. An escape above these levels could push the LTC to $ 150 or even $ 160, which would mark its highest price since December 2021.
If the trend is reversed, LTC has a key level of support at $ 110 which could provide a stamp against a deeper drop.
However, if this level is lost, the LTC could slide more at $ 96, or even $ 86 in a stronger decline.
Dex (Dex)
Dexe, a governance protocol, has dropped 11% in the last seven days, reducing market capitalization to $ 1.5 billion. Commercial activity has also remained relatively low, with its daily volume at $ 7.5 million. This drop occurs while the token is corrected following a solid rally earlier this month.
Built on Ethereum blockchain, Dexe has reached its highest price since 2021 on February 5. However, after reaching this peak, it was in a withdrawal phase, with a sale pressure taking it on the purchasing momentum.
If the downward trend continues, Dex could test the support at $ 15.8 and a break below this level could lower it to $ 13.2, its lowest price since mid-January.
On the other hand, if the momentum goes back in favor of buyers, Dex could test resistance to $ 19.4, with another increase in $ 21.8 and $ 24.1. A strong escape above these levels could even see to test $ 25 for the first time since April 2021.
Finance Ondo (Ondo)
Ondo has been in a downward trend in the last seven days, but with the RWA sector which is gaining momentum, it could be set up for recovery. As one of the main active tokens in the real world, Ondo remains closely linked to broader trends in the sector, and like other RWA altcoins are currently fashionable, Ondo could follow this advance.
Its EMA lines are currently very close to each other, with short -term mobile averages still below those in the long term.
However, the gap between them is narrowing, which could indicate a change in potential trend. If the downward trend continues, Ondo has solid support at $ 1.25, and a break below this level could push it to $ 1.
If Ondo takes up an upward momentum, it could test the resistance at $ 1.49, with another upward potential at $ 1.66.
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