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Weekly Top Gainers and Losers: GMT, AKT, TIA, BONK, EGLD, HNT

source-logo  blockchainreporter.net 07 January 2024 20:42, UTC

Top Gainers

GMT Price Analysis

GMT (GMT) has emerged as this week’s top gainer, recording a 42.7% increase in the last seven days, as the GMT price stood at $0.43 as of press time. The token is ranked 91 on CoinMarketCap and shows strong bull dominance, as seen from an in-depth analysis of 7-day GMT/USDT charts.

The Relative Strength Index indicator moves north as it enters the overbought region, showing bull pressure on the GMT price. The MACD indicator has also maintained movement in the green zone, asserting the bull dominance on the GMT price.

GMT 7-day chart | Source: TradingView

Akash Network Price Analysis

Akash Network (AKT) is this week’s second top gainer, having recorded a 25% pump over the seven days, as the AKT price stood at $3.02 as of press time. The token is ranked 92 on CoinMarketCap as it currently shows strong bull dominance, as seen from an in-depth 7-day AKT/USD charts analysis.

The relative strength index indicator moves north in the overbought region, showing bull dominance on the AKT price. The MACD indicator has also maintained movement in the green zone, asserting the bull dominance over the week on the GMT price. However, with the token now being overbought, correction prospects remain large as holders might look to sell for profits.

AKT 7-day chart | Source: TradingView

Celestia Price Analysis

Celestia (TIA) is our third top gainer of the week, recording a 24% increase in the last seven days, as the TIA price stood at $15.18 as of press time. The token is ranked 38 on CoinMarketCap. Tia continues to show bull dominance, recording a 3.8% surge within the last 24 hours.

TIA 7-day chart | Source: CoinMarketCap

Weekly Losers

Bonk Price Analysis

Bonk is this week’s top loser, trading 24% below its previous 7-day price as the Bonk price stood at $0.00001072 as of press time. The meme coin ranked 91 on CoinMarketCap and continues to be dominated by bears as it fails to post gains in the last 24 hours, recording a 2.7% plunge.

BONK 7-day chart | Source: CoinMarketCap

MultiversX Price Analysis

MultiversX (EGLD) is this week’s second top loser, having recorded a 23% plunge over the seven days, as the EGLD price stood at $53.34 as of press time. The token is ranked 53 on CoinMarketCap as it currently shows bear dominance, as seen from an in-depth 7-day AKT/USD charts analysis.

The relative strength index indicator moves south, exiting the overbought region to show bear dominance on the EGLD price. The MACD indicator reverts towards the red zone, asserting the bear prospects on the MultiversX price.

Helium Price Analysis

Heleium (HNT) wraps up our losers list this week, trading 22% below its previous 7-day price as the Heleium price stood at $5.51 as of press time. The altcoin ranked 72 on CoinMarketCap, is now showing bullish prospects as it posted gains in the last 24 hours, recording a 5.6% pump.

HNT 7-day chart | Source: CoinMarketCap
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