Kaspa and DeXe Surging: A Sustainable Rally?
In a hesitant market, certain altcoins are clearly standing out from the crowd. Kaspa (KAS) has emerged as one of the leaders with a weekly gain of nearly 20%. The token has validated an important technical breakout by crossing above its 50 and 100-day moving averages, confirming renewed momentum.
Currently positioned between $0.036 and $0.037, KAS is now facing a key resistance zone located between $0.042 and $0.047. A break above this zone could trigger a new bullish impulse and pave the way for a more sustainable uptrend.
Meanwhile, DeXe (DEXE) is also displaying strong dynamics with a gain of over 18%. The token is trading in a range between $6.92 and $7.58, but is now hitting a significant supply zone around $7.40. A breakout could propel the price to new highs, while a rejection could trigger a swift correction.
UNI and TRUMP Plunging: Watch for Market Reversal
Conversely, the DeFi sector is showing concerning signs of weakness. Uniswap (UNI) has lost over 12% for the week and has broken its key support at $3.60. The token is now trading in a fragile zone between $3.50 and $3.58, with an RSI dropping below 50, signaling clearly bearish momentum.
The TRUMP token is experiencing an even more violent correction with a drop of over 20%. After peaking near $4, the asset has collapsed to the $0.038 – $0.039 zone, illustrating the extreme volatility of this type of project. This movement highlights the risks associated with highly speculative assets.
The crypto market now finds itself at a key inflection point. The strength of certain altcoins like KAS and DEXE contrasts with the weakness of UNI and TRUMP, showing increasingly selective asset performance. The question remains whether these bullish breakouts will confirm… or if they’re merely traps before a new phase of global retracement.
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