Jakarta, Pintu News – The cryptocurrency market this week experienced quite dynamic movements. Initially, the United States economic pressure triggered by global trade tensions had suppressed the price of crypto assets. However, the US government’s decision to exclude the technology sector from the new tariff policy gave a positive boost to the market.
The situation made several crypto assets record significant price spikes. In fact, some low-risk assets from the top 100 managed to score triple-digit gains in a short period of time.
One of the cryptocurrencies that stole the show was Onyxcoin (XCN). The asset recorded a price surge of 43.88% in just one day on April 9, 2025. It didn’t stop there, the rise continued the next two days with increases of 36.78% and 24.65% respectively. In total, XCN recorded a weekly spike of 120%, making it the best performing crypto this week.
However, XCN’s Relative Strength Index (RSI) indicator touched 81.09, signaling an overbought condition. If the previous pattern repeats, XCN will most likely enter a consolidation phase before resuming its uptrend.
Apart from XCN, Fartcoin has also recorded a price increase of around 90% in the past week. The cryptocurrency managed to break through an important resistance zone at IDR10,748 (equivalent to $0.64) and briefly touched the level of IDR16,418 (equivalent to $0.98). However, the bullish momentum started to weaken, as seen by the declining RSI indicator and the MACD indicator turning bearish.
Meanwhile, JasmyCoin also showed a solid recovery. From a yearly low of IDR150.75 (equivalent to $0.00897), JASMY managed to rebound to trade at IDR278.06 (equivalent to $0.01656), up 68.91% on the week. The main supporting factors were the increased buying volume and the RSI indicator moving into the positive zone.
Also Read: Ripple (XRP) Movement and Potential Correction: What Crypto Investors Need to Watch Out for?
On the other hand, some crypto assets actually recorded negative performance throughout this week. Tezos was the biggest loser, with a drop of 17.20%. The price of XTZ even formed a new low around IDR8,898 (equivalent to $0.53), signaling that selling pressure still dominates.
EOS (EOS) also experienced price weakness after having recorded an increase earlier in the week. However, the dominance of sellers pushed the price of EOS back down by 12.34% and traded at around IDR10,924 (equivalent to $0.65). Trading volume dominated by selling is one indicator of weak buying interest in this asset.
In addition, Movement recorded a price decline of 12.78% during the week. The fitness platform-based asset traded in the range of IDR4,031 to IDR6,720 (equivalent to $0.24-$0.40), but has yet to show signs of forming an accumulation pattern. The 21% increase in volume only reflects liquidation activity, not strong buying interest.
In addition to these major assets, there are several other cryptocurrencies worth noting. Edge (EDGE) recorded the most significant spike with a price increase of 825%. Aergo (AERGO) and Retard Finder Coin (RFC) rose by 332.8% and 270% respectively.
On the other hand, MetFi (METFI) became the asset with the sharpest decline, falling by 51%. This was followed by MMX (MMX) and Comedian (BAN) with declines of 41.7% and 40% respectively.
This weekly review shows how volatility remains a key characteristic in the cryptocurrency market. Some assets were able to score spectacular gains, while others fell quite deeply. This emphasizes the importance for crypto investors and traders to conduct in-depth analysis and consider risk management before making investment decisions.
Read More: Pepe Coin (PEPE) Price Movement and Potential Golden Cross: What Does It Mean for the Crypto Market?
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.