Bitcoin [BTC] and Ethereum [ETH] didn’t have much to brag about this week, with 3.5% and 5% drops. The market mood looks a lot less confident.
But while they were busy stumbling, the rest of the market was doing its usual mix of panicking, surprising, and stealing the spotlight. So, who actually survived the week… and who didn’t?
Grab a coffee and take a seat. Here’s a look at a few select market movers from the week gone by.
Weekly winners
Stable [STABLE] pushes up with pace
Stable [STABLE] posted a commanding 25% weekly gain, rising from around $0.023 to $0.029 after a breakout mid-week. The rally was supported by rising volume and a change in buyer activity.
Source: TradingView
The RSI showed healthy demand without overbought conditions, while the MACD remained in bullish territory.
Price was consolidating near $0.029 at the time of writing, with immediate support around $0.026 and resistance near the $0.033 level.
Morpho [MORPHO] buyers regain control
Morpho [MORPHO] saw a 23% gain over the past week, going from $1.33 to nearly $1.66 before settling near $1.63. After a brief pullback, bulls stepped back in, pushing price toward weekly highs again.
RSI showed strong demand and approached overbought territory. Meanwhile, the CMF was positive at 0.06—capital was flowing into the asset.
Source: X
Beyond price action, Morpho also ranks among the top liquid staking projects by developer activity over the past 30 days. That builder interest may be helping investor confidence.
Decred [DCR] makes a decent rebound
Decred [DCR] gained around 10% over the past week, reaching up from $24.7 to $26.9 after recovering from a brief dip near $22.
There was a clear bounce in the second half of the week; this recovery helped DCR reclaim lost ground and return to its recent trading range.
The RSI moved up to around 58, so there may be room for upside if buying continues. Meanwhile, the OBV indicated that buying was getting steady after a time of decline.
If demand holds, Decred could attempt to stabilize above $26.
Other notable winners
Lesser-cap tokens like Injective [INJ] and Trump-backed World Liberty Financial [WLFI] both posted solid 10% gains. Meanwhile, Memecore [M] climbed 4%, extending its trend.
Weekly losers
Dogecoin [DOGE] slips as engine fails
Dogecoin [DOGE] had a rough week, falling about 12.5% and trading near the $0.097 level at press time. Price repeatedly failed to hold short-term recoveries, with candles staying below the mid Bollinger Band.
Sellers have the upper hand.
Source: TradingView
RSI was below the neutral 50 mark, while the CMF dipped into negative territory. Traders are cautious despite the occasional stream of green.
Source: X
Network activity adds more context. DOGE recorded roughly 26,000 daily transactions among major proof-of-work coins (far behind Bitcoin and Litecoin [LTC]). There’s relatively modest usage demand right now.
pippin [PIPPIN] cools off after last week’s explosive rally
After leading the market with a massive 280% surge last week, pippin [PIPPIN] has now pulled back, dropping nearly 10% over the past few days. There’s been a classic post-rally cooldown, with price spiking toward the $0.70 zone before sellers stepped in.
Despite the decline, the broader structure still looks strong. RSI remained above 60 at press time, so momentum hadn’t completely faded, and buyers still had some presence.
Meanwhile, OBV dipped during the pullback but started stabilizing.
ZCash [ZEC] slows down
Zcash [ZEC] also had a rough week, falling more than 20% after failing to hold onto its mid-month rally. Price pushed above the $320 zone before sellers quickly took control, sending the token back toward the $250 level.
The token moved lower in a steady grind, with consistent selling pressure. RSI indicated a weak pace and a lack of buying interest during the drop.
Unless demand returns soon, ZEC may continue consolidating near current levels.
Other notable losers
Shiba Inu [SHIB] fell 10%, while Pepe [PEPE] dropped a harder 17%. Meanwhile, Internet Computer [ICP] also slid 14%, giving back its gains.
Wrapping up
As always, prices went down, prices went up, and Twitter probably overreacted to both. Remember, short-term moves rarely tell the full story, and patience still does most of the heavy lifting.
DYOR, manage your risk, and maybe don’t panic-sell at the exact bottom. Easier said than done, of course.
Same time next week!
Final Summary
- Despite Bitcoin and Ethereum slipping 3-5%, select altcoins showed strong momentum.
- Weekly losses in DOGE and ZEC showed how quickly sentiment can flip.
Source: https://ambcrypto.com/crypto-market-weekly-review-22-february/