Crypto market’s weekly winners and losers – ADA, BCH, JUP, S

  • Biggest gainers: Cardano [ADA], Cronos [CRO], Bitcoin Cash [BCH].
  • Biggest losers: Sonic [S], Jupiter [JUP], Berachain [BERA].

The cryptocurrency market showcased dramatic divergence this week, with several major tokens posting impressive gains while others experienced significant downturns.

This volatility created clear winners and losers, highlighting the sector-specific nature of the current market conditions rather than a uniform trend across all digital assets.

Biggest winners

Cardano [ADA]: Smart contract platform surges

Cardano [ADA] dominated crypto markets this week, surging 23% from $0.65 to $0.80.

The smart contract platform’s remarkable comeback started with a massive green candle on the 3rd of March, catapulting ADA from $0.65 to $0.85 in a single session.

After facing profit-taking that temporarily pushed prices back to $0.80, ADA staged another impressive rally on the 5th and 6th of March, testing the psychologically significant $1.00 resistance.

While bulls couldn’t sustain momentum above this level, the token has established solid support around $0.80.

Trading volume reached yearly highs during the early-week surge, indicating strong institutional interest rather than retail-driven speculation.

The sustained buying pressure comes amid growing ecosystem development and increased adoption of Cardano’s blockchain solutions.

Technical indicators remained firmly bullish despite the recent consolidation, with the RSI holding above 60 without entering overbought territory.

ADA’s ability to hold above the previous resistance at $0.80 suggests this level may now serve as strong support.

Cronos [CRO]: Exchange token shows strength

Cronos [CRO] emerged as one of this week’s standout performers, surging 21% from $0.073 to $0.089.

The exchange token demonstrated remarkable resilience after finding strong support at the $0.070 level, which proved to be a significant accumulation zone for investors.

The token’s recovery began on the 5th of March after briefly touching $0.070, with steady buying pressure establishing a series of higher lows that confirmed a trend reversal.

The most impressive price action occurred on the 6th of March, when CRO posted a substantial green candle that pushed prices from $0.077 to $0.088 in a single session, breaking through several key resistance levels.

Crypto market's biggest winner CronosCrypto market's biggest winner Cronos

Source: TradingView

Technical indicators strongly support the bullish case, with the RSI climbing above 50 while avoiding overbought conditions. This suggests the rally has room to continue without immediate risk of a pullback. 

Additionally, trading volume increased significantly during the upswing, reaching nearly 20 million USD on the 9th of March, indicating genuine market interest rather than a low-volume pump.

On the longer-term chart, CRO appears to be attempting to break its multi-month downtrend that began in December 2024.

The 50-day moving average at $0.083 is now turning upward and approaching the 200-day MA at $0.113, though a golden cross remains distant.

The token faced minor resistance around $0.093 on the 7th of March, triggering a brief consolidation phase before buyers regained control.

Current price action shows CRO consolidating above $0.085, suggesting this level may now function as reliable support.

For traders looking ahead, the $0.095 resistance represents the next significant hurdle, with a successful breakout potentially targeting the psychologically important $0.10 level that hasn’t been tested since early February.

Bitcoin Cash [BCH]: Original fork makes strong comeback

Bitcoin Cash [BCH] delivered an impressive performance this week, surging 20% from $318 to $380. The Bitcoin fork staged a remarkable recovery after finding strong support at the $300 level.

The rally ignited on the 5th of March when BCH exploded from $320 to $380, backed by substantial trading volume that indicated genuine accumulation rather than a speculative pump.

The most dramatic price action occurred during a single session, when BCH rocketed to a weekly high of $405.

After testing resistance above $400 on the 6th-7th of March, the token has consolidated in the $380-$390 range, establishing a healthy base for potential further gains.

The sharp move higher has broken BCH out of its multi-week consolidation pattern, suggesting the potential for continued upside momentum.

Technical indicators remain firmly bullish, with the token now trading above both its 50-day and 200-day moving averages. The $380 level now represents significant support, with buyers consistently defending this zone.

Top 1,000 gainers

Beyond the top performers, the broader market saw significant moves.

Der Daku [DAKU] led the top 1,000 tokens with an extraordinary 201% gain, while CZ’S Dog [BROCOLLI] and Acet [ACT] followed closely with impressive gains of 102% and 98%, respectively.

Biggest losers

Sonic [S]: Former FTM token collapses

Sonic [S] suffered a devastating collapse this week, plummeting 34% from $0.75 to $0.49.

The former FTM token’s downward spiral began immediately at the week’s open, with six consecutive red candles demolishing key support levels.

The most significant breakdown occurred on the 4th of March, when S crashed through the critical $0.60 support, triggering a cascade of liquidations.

While the token briefly stabilized around $0.55 on the 5th-6th of March, this relief proved temporary as sellers resumed control.

Trading volume spiked dramatically during the decline, indicating wholesale distribution rather than isolated profit-taking.

The token’s relative strength index plunged deep into oversold territory below 30, yet buyers showed little interest in this technical condition.

The weekly close brings S dangerously close to its three-month low of $0.45, with no clear support levels visible below.

For any meaningful recovery, the token needs to reclaim the $0.55 level, though current momentum strongly favors further downside.

Jupiter [JUP]: Solana DEX aggregator under pressure

Jupiter [JUP] experienced a brutal sell-off this week, plummeting 26% from $0.75 to $0.55.

The Solana-based DEX aggregator, which had shown promise in February, failed to maintain its momentum as sellers took control from the opening bell on Monday.

The downward pressure began immediately on the 3rd of March, with JUP dropping from $0.75 to $0.69 in the first trading session.

This breakdown accelerated dramatically on the 4th of March, when the token crashed through several key support levels, losing nearly 15% in a single day and closing at $0.64.

Technical indicators deteriorated rapidly throughout the week, with the RSI falling below 30 by mid-week, indicating severely oversold conditions.

Despite this technical signal, dip buyers remained notably absent, with each minor bounce meeting fresh selling pressure at progressively lower levels.

Crypto market's weekly biggest loser JUPCrypto market's weekly biggest loser JUP

Source: TradingView

The 50-day moving average at $0.74 now sits far above the current price, while the death cross pattern [50-day MA crossing below the 200-day MA] that formed in early March continues to exert downward pressure.

Trading volume remained elevated throughout the decline, peaking at 4.9 million USDT on Thursday, when JUP tested the $0.59 support level.

Recent sessions show the token struggling to find stability around $0.55, with minor bounces lacking conviction.

For any meaningful recovery to materialize, JUP must first reclaim and hold the $0.60 level, followed by the more significant $0.65 resistance zone.

The longer-term chart presents additional concerns, with JUP now trading at its lowest level since late January.

The consistent pattern of lower highs and lower lows suggests the path of least resistance remains downward, with the psychologically important $0.50 level representing the next critical support.

Berachain [BERA]: Last week’s winner turns loser

Berachain [BERA] suffered a sharp reversal this week, plummeting 22% from $8.70 to $6.50.

The layer-1 protocol, which ranked as last week’s second-biggest gainer, failed to maintain its upward momentum as profit-taking turned into a full-blown sell-off.

The decline began on the 3rd of March, with BERA shedding over 10% in the first two trading sessions.

By the 4th of March, selling pressure intensified, driving the token to a local bottom of $6.20 before a minor bounce emerged.

While buyers attempted to stabilize prices around $7.00 mid-week, each recovery attempt was met with fresh selling.

Most concerning for BERA holders is the complete erasure of last week’s impressive gains. The token has now formed a series of lower highs and lower lows, signaling a potential trend reversal.

The $6.50 level represents critical support, with any break below potentially triggering another wave of selling.

For any meaningful recovery, BERA needs to reclaim and hold above $7.00. However, the current market structure suggests bears remain firmly in control.

Top 1,000 losers

In the broader market, several tokens experienced dramatic losses.

GoPlus Security [GPS] led the declines with a devastating 68% drop, followed by AI Rig Complex [ARC] and Shadow Liquid Staking Token [X33], which plummeted 55% and 51%, respectively, during the week.

Conclusion

Here’s the weekly recap of the biggest gainers and losers. It’s crucial to bear in mind the volatile nature of the market, where prices can shift rapidly.

Thus, doing your own research [DYOR] before making investment decisions is best.

Next: MOVE rallies 7%, but profit-taking threatens upside to $0.8

Source: https://ambcrypto.com/crypto-market-weekly-review-9-march/