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MYX up 17% for the week, leading the market; Canton plunges 25%, confirming a downtrend
[Crypto World] The crypto market showed some divergence this week.
On the gainers’ side, MYX Finance stood out with a 17% weekly increase, reaching $3.04. It has hit new weekly highs for three consecutive weeks, showing a strong bullish trend. BCH followed with an 8% rise, currently hovering around $580 and repeatedly testing the resistance above. LINK also gained 6.84%, closing at $13.8, and its candlestick pattern hints at a potential V-shaped reversal.
The losers’ list looks much worse. Canton plunged 25% in a single week, and technically it has entered a downtrend. ZEC and MORPHO also couldn’t withstand the pressure, retracing 19% and 15% respectively.
Some are happy, some are worried—the market sentiment remains quite divided.