The global cryptocurrency market ended last week with a 7% drop, losing $160 billion and closing at $2.15 trillion.

While Bitcoin ( BTC ) influenced the broader market, several #Altcoins👀🚀 carved their own path and benefited from unique developments within their ecosystems. Here are some #Cryptocurrencies to watch this week following their diverse price movements last week.

HMSTR Drops 18%

#HamsterKombat ($HMSTR ) had a bearish week, plunging 18% to $0.004714. Its worst day occurred on October 1, with a 13.94% drop due to broader market declines caused by geopolitical tensions.

HMSTR 4H chart – Oct. 6 | Source: crypto.news

The bearish sentiment built on a downward trend HMSTR faced since its airdrop on September 26. However, the four-hour chart shows signs of recovery, with the RSI trending upward, now at 42.82.

DMI indicators also point to potential stabilization, with +DI steady at 17.46, signaling slight buyer momentum. Meanwhile, -DI is dropping to 23.07, indicating weakening selling pressure. ADX is at 22.68 and trending downward, suggesting the current trend is losing strength.

These numbers indicate a possible recovery if buying momentum continues, with bulls targeting $0.0051. However, the downward trend may persist if buyers fail to pick up the pace this week.

#SUI🔥 Shows Resilience

Sui ($SUI ) demonstrated resilience despite broader market volatility, dropping only 0.3%. On October 1, amid market turbulence, SUI slipped just 0.97%.

However, on October 3, SUI saw a sharper decline of 10.38%, marking its largest intraday drop in three months. Despite this, SUI appears to be forming a bullish flag following its September uptrend. Bollinger Bands currently show the upper band at $1.97, acting as resistance, with the 20-day moving average at $1.62 providing immediate support.

SUI 1D chart – Oct. 6 | Source: crypto.news

With SUI trading just below the upper band, the price could stabilize above the $1.62 support level.

Investors should monitor movements between $1.62 and $1.97, with a breakout above resistance likely signaling bullish momentum for the week ahead.

FTX Token (FTT) bucked market trends last week, gaining 22% while most assets saw declines.

On October 1, FTT surged 13.89%, followed by a 21.53% increase on October 4, and a further 9.86% gain the next day. Amid this upward trend, the Williams Percent Range indicator is at -32.59, signaling that FTT is nearing overbought territory but still has room for further gains.

FTT 1D chart – Oct. 6 | Source: crypto.news

As this new week begins, bulls must defend the Pivot support at $2.01 to avoid slipping into bearish territory. Below this level, further support lies at $1.33, representing the lowest point recorded in the past two weeks.

If FTT recovers from its recent correction, market participants should watch for a breakout above the resistance level at $2.68, continuing the bullish momentum.




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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“