Crypto market’s weekly winners and losers – KAIA, CC, ENA, ARB

Ethena [ENA] had a rough week, extending its downtrend with a drop of roughly 15% over the last several sessions. There’s been a steady series of lower closes, with price slipping below the $0.18 support zone and failing to attract meaningful dip buying.

Source: TradingView

RSI was near oversold levels, while a negative CMF confirmed capital outflows. Volume thinned as the week progressed, so buyers don’t seem quite confident.

ENA seems to be in a consolidation-at-the-lows phase, with the market waiting before reassessing downside risk.

Arbitrum [ARB] is weak with a lesser pace

Arbitrum [ARB] slid close to 15% with higher selling pressure. The chart showed a breakdown from the $0.20-$0.21 zone, followed by a steady float toward the $0.17-$0.18 range. Attempts at short-term rebounds were quickly sold into, keeping price capped. RSI fell into the mid-30s, so bearish momentum is sustained.

With price consolidating near weekly lows, ARB is in a wait-and-watch phase.

Artificial Superintelligence Alliance [FET] falls as AI tokens lose momentum

Artificial Superintelligence Alliance [FET] ended the week on the back foot, slipping a little over 8% as selling pressure stayed steady. The chart showed a breakdown from the $0.25 region, followed by a slow grind lower toward $0.22-$0.23. Any short-lived bounce attempts were quickly absorbed by sellers.

RSI was below 40, while MACD remained firmly negative, a persistent bearish bias. This fall comes as most AI tokens finished the week with double digit losses.

Other notable losers