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Cryptocurrency News Articles
The week started rough for the crypto market, with the U.S. economy feeling the impact of rising trade tensions. However, things took a turn for the better by the week's end.
Apr 14, 2025 at 03:00 am
Onyxcoin [XCN]: Next-gen crypto sees triple-digit surge. A key factor was the decision to exclude the technology sector from the new tariffs.
The crypto market had a rough start to the week as the U.S. economy felt the impact of rising trade tensions, but things took a turn for the better by the week’s end.
A key factor was the decision to exclude the technology sector from the new tariffs, which gave the market a much-needed boost. In fact, among the top 100, few risk assets even saw triple-digit gains.
Weekly winners
Onyxcoin [XCN]: Next-gen crypto sees triple-digit surge
Onyxcoin [XCN] saw a mid-week rebound, spiking 43.88% in a single day on the 9th of April. The rally was followed by two consecutive days of heightened buying activity, with price increases of 36.78% and 24.65%, respectively. As a result, the low-cap asset dominated the weekly gainers’ chart, posting an impressive 120% surge. Over the span of just three days, the price erased two months of losses, breaching $0.027.
As expected, profit-taking ensued, and the rally became overextended, with the RSI hitting a critical overbought condition at 81.09. However, if the low-cap asset mirrors its January price action, where, despite the overextension, bulls absorbed the sell-offs and sustained the uptrend, a similar rebound could unfold. On the 23rd of January, the asset saw a dramatic 97.28% single-day rally, lifting the price to $0.025. That said, with XCN closing the week 7.4% below its mid-week peak of $0.027, the asset may face headwinds in extending its rally into the upcoming week. Consequently, it’s vital to track volume profiles to assess whether the uptrend can regain strength or if a consolidation phase is imminent.
Fartoin [FARTCOIN]: Privacy-focused token hits a key resistance zone
Fartcoin [FARTCOIN] posted strong bullish performance this week, rallying over 90% amid a breakout from a multi-week accumulation range. The low-cap token decisively cleared the key resistance at $0.64, flipping it into immediate support. The breakout, which began on the 9th of April with a sharp 50% intraday gain, extended to retest the $0.98 level within two sessions on the daily timeframe. Currently, $0.87 has emerged as a short-term supply zone on the 4H chart, with price action showing signs of exhaustion. The rally toward the psychological $1.00 level has stalled, coinciding with profit-taking activity. Additionally, the RSI is trending lower from overbought conditions, and the MACD has flipped bearish, indicating waning upside pressure. Given these signals, FARTCOIN may require a liquidity sweep or corrective flush-out before bulls can stage another attempt to reclaim the $1.00 resistance level.
JasmyCoin [JASMY]: Data-driven coin holds solid trend reversal
JasmyCoin [JASMY] kicked off the week with a modest 4.85% bounce from a fresh 52-week low of $0.00897. What followed was a sharp and steady recovery. By the week’s end, saw trading at $0.01656, marking a 68.91% increase from its weekly opening price. This performance makes it the third-best performing asset of the week. The rally followed a clean breakout from its multi-month downtrend. Also, supported by rising buying volume and a bullish crossover in indicators like the RSI, which moved firmly into positive territory. The price action also suggests accumulation at lower levels, with sustained green candles and limited volatility—unlike more speculative spikes seen elsewhere. This indicates that stronger hands are stepping in, which may leave room for further upside. For now, the key resistance sits at $0.018–$0.0194. A decisive breakout above that could open the door for a move toward the next target at $0.022.
Other notable gainers
Beyond the top performers, the broader market exhibited notable price action. Edge [EDGE] spearheaded the rally with a meteoric 825% surge, outperforming the top 1,000 tokens in terms of price momentum. Aergo [AERGO] and Retard Finder Coin [RFC] followed with substantial price gains of 332.8% and 270%, respectively.
Weekly losers
Tezos [XTZ]: On-chain token erases its post-election gains
Tezos [XTZ] finished the week as the largest underperformer, with a 17.20% decline, extending its consecutive week-on-week losses.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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