The post Crypto market’s weekly winners and losers – OM, KAS, XCN, ENA appeared on BitcoinEthereumNews.com.

Biggest Gainers: Mantra [OM], Kaspa [KAS], and Sonic [S]. Biggest Losers: Bitget Token [BGB], Onyxcoin [XCN], and Ethena [ENA]. The cryptocurrency market remains a battleground of volatility, with some tokens soaring to new heights while others face sharp declines. This week has been no exception, with notable winners riding bullish momentum and struggling assets succumbing to selling pressure. Here’s a comprehensive breakdown of the biggest gainers and losers over the past seven days. Biggest winners Mantra [OM] MANTRA [OM] continues its impressive rally, securing the top spot for the third consecutive week with a strong 26% gain, as prices surged from $5.90 to $7.54. The token’s persistent dominance underscores exceptional market strength and growing institutional interest. The week started with OM consolidating around $5.90, displaying relatively quiet price action until the 14th of February. However, the 15th of February marked a turning point as prices exploded upward, breaking multiple resistance levels to reach $7.65. Trading volume surged to 549.34K OM, validating the strength behind this upward move. Source: TradingView From a technical standpoint, OM remained well above its 50-day [$5.38] and 200-day [$4.01] moving averages, maintaining a robust bullish structure. The significant gap between its current price and these averages signaled strong momentum, though some caution is warranted for potential overextension. OM was stabilizing near $7.54 as of this writing, with a minor -0.57% adjustment as traders absorb recent gains. Its ability to top the weekly gainer list for three straight weeks is a rarity in the crypto market, highlighting sustained buyer conviction. Key support stood at $7.00, which could act as a solid foundation for any short-term retracements. Kaspa [KAS] Kaspa [KAS] made an impressive recovery this week, rising 25.6% from $0.087 to $0.109. This rebound is particularly significant, considering last week’s price decline. KAS found initial support at…

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Filed under: News - @ February 16, 2025 7:12 pm