The post Crypto market’s weekly winners and losers – SAFE, RAY, IMX, APE appeared on BitcoinEthereumNews.com.

Safe, Raydium, and cats in a dogs world were the biggest winners of the past week. Immutable X, ApeCoin, and Arweave saw the biggest losses of the past week. At the end of the past week, Safe emerged as the biggest crypto gainer, with an almost 50% increase. ApeCoin, however, lost its mojo, dropping from the gainers’ side to the losers’ side at the end of the past week. Biggest winners Safe [SAFE] Analysis of the daily time frame chart of Safe [SAFE] showed that the week started with a normal trend. However, subsequent trends in the week showed price volatility, which defined the week. Its price at the start of the week was around $0.95 after an over 1% increase. However, the next day, it saw an over 15% spike in price, but major declines followed these spikes.  Analysis showed that the price trend that defined the week came on Thursday and Friday. On Thursday, it spiked by 42.13%, taking its price to around $1.34. The next day, it saw another spike of 10.45%, taking its price to around $1.48.  Source: TradingView However, it ended the week with an over 1% decline, but its price only dropped to around $1.46. Also, its Relative Strength Index showed it was oversold, meaning a correction might happen soon. According to data from CoinMarketCap, it had a 49% gain, making it the biggest gainer of the week. It had the lowest market capitalization among the top gainers, with around $658 million.  Raydium [RAY] The second-biggest gainer was Raydium [RAY]. Analysis showed that its price was around $2.2 at the start of the week. However, by the end of the week, the price had risen by almost 3%. With the price trend, it gained over 44% in the past week, according to data from…

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Filed under: News - @ October 27, 2024 7:02 pm