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This week in the cryptocurrency market witnessed significant volatility, with notable gains from AI-driven assets contrasting sharply with sharp losses from others.
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Amidst a bearish backdrop, Core [CORE], Bittensor [TAO], and Artificial Superintelligence Alliance [FET] emerged as surprising gainers, showcasing the resilience of AI-focused cryptocurrencies.
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As reported by COINOTAG, the contrast in performance highlights a shift towards assets that leverage artificial intelligence and blockchain technology, reflecting a growing market trend.
This week’s crypto market analysis shows AI tokens taking the lead amidst significant losses in other segments, stressing the importance of strategic investment choices.
Weekly Winners
Core [CORE] — L1 Blockchain Rebounds to a Two-Month High
Core [CORE] surged 32.45% over the week, decisively breaking through the pivotal $0.60 resistance level, after two months of consolidation below this threshold.
Despite opening the week with a bearish gap, which extended the prior two-day corrective move, the selling pressure was swiftly absorbed, triggering a sharp rebound.
That said, caution is warranted as overbought conditions begin to emerge.
Consequently, the probability of CORE continuing its bullish trajectory next week appears diminished, as the market may be facing a case of “too much, too soon.”
Furthermore, the 26% drop in trading volume, now at $32.52 million, supports this cautionary outlook.
Unless volume metrics show a reversal, the risk of a technical correction increases, potentially signaling trend exhaustion.
Bittensor [TAO] — AI-Focused Protocol Breaks Resistance
Bittensor [TAO] spearheaded the AI-driven rally this week, posting a 20.83% weekly surge to break through the key $300 resistance level.
Following a retracement to pre-election support levels, the asset initiated a relief rally, confirmed by four consecutive bullish daily closes, each establishing higher highs and breaching intermediate supply zones.
Source: TradingView (TAO/USDT)
On the momentum front, the Relative Strength Index (RSI) is now showing a bullish divergence relative to prior local highs, underscoring a potential momentum shift favoring the bulls and suggesting underlying strength in buying pressure.
From a macro perspective, the move reinforces COINOTAG’s thesis of AI-native tokens outperforming in a risk-off environment, particularly as high-cap legacy assets consolidate or underperform with subdued weekly returns.
Additionally, the TAO/BTC pair has reclaimed its early-March horizontal resistance, flipping it into newfound support, thereby adding confluence to the current bullish structure.
Taken together, these technical developments position TAO for a potential continuation leg higher in the upcoming sessions.
Artificial Superintelligence Alliance [FET] — Token Powering AI at a Critical Juncture
Artificial Superintelligence Alliance [FET] logged an 18% weekly gain, placing it just behind TAO on the leaderboard of top-performing assets.
The breakout above the $0.50 resistance confirms bullish continuation from a prior accumulation range.
However, the token is still capped below the $0.60 macro supply zone, which could trigger a short-term mean reversion if bullish volume fails to expand.
Notably, FET’s price structure reflects calculated accumulation. Daily candles show tight-bodied bullish closes, and volume has spiked 103% to $124.5 million — a sign of controlled yet growing conviction.
Much like its AI counterpart, FET benefits from macro risk-off flows. A clean break above $0.60 could unlock a fresh leg up.
Failure to defend current levels, however, may invite profit-taking and a short-term retrace.
Other Notable Gainers
Beyond the leading performers, the broader market saw significant price action.
Voxies [VOXEL] led the charge with an explosive 425% rally, outpacing the top 1,000 tokens in terms of price momentum. Lofi [LOFI] and NKN [NKN] trailed closely, posting impressive gains of 158% and 138%, respectively.
Weekly Losers
Mantra [OM] — RWA Blockchain Struggles to Reclaim Momentum
Mantra [OM] closed the week as the market’s worst performer, tumbling by a staggering 90.54%, driven by a sharp deleveraging event that sent the token into a freefall.
The crash was triggered on April 13th, when OM collapsed from $6.35 to under $0.10 within a single session, marking a textbook case of a flash crash.
This crash likely came from too many traders holding overleveraged long positions while the market was already overheated.
Technically, OM broke through several key support levels with barely any buying interest, showing a clear breakdown in structure.
Source: TradingView (OM/USDT)
The RSI dropped below 18, showing extreme overselling. Even though there were small bounces, the token hasn’t formed a stable bottom yet.
Unless OM can recover and hold above the $0.20–$0.25 zone with stronger volume, the recent move looks more like a full reset than a short-term dip.
While a temporary bounce could occur, overall sentiment around OM and the broader RWA sector has taken a serious hit.
Movement [MOVE] — Community Blockchain Extends Weekly Downtrend
Movement [MOVE] experienced a 32.21% weekly decline, positioning it as the second-worst performer of the week.
Notably, MOVE is the only asset in the top 3 losers to extend its losses, highlighting continued bearish momentum.
The week began with a breakdown below the critical $0.30 support level, which followed a period of consolidation, signaling weakening demand.
Given the absence of strong buyer absorption and a failure to establish a higher low, a strong reversal remains premature.
Until $0.30 is reclaimed with significant volume, MOVE is at risk of further downside pressure, as market participants appear hesitant to enter long positions.
The next support lies around the $0.20 zone, where the market may find temporary relief, but without a bullish catalyst, a corrective phase seems likely.
Walrus [WAL] — Application Platform Sees a Sharp Correction
Walrus [WAL] registered a 14.66% weekly retracement, sliding to $0.40 and ranking as the third-largest decliner over the past seven days.
The correction effectively nullified prior upside momentum, reversing the gains from last week’s close at $0.52.
However, a closer look at the 1D price structure suggests early signs of potential stabilization. WAL closed the week with an 11.08% intraday rebound, lifting to $0.41 at press time.
However, the move was followed by a swift 4.12% pullback, suggesting residual selling pressure into strength.
That said, the $0.38–$0.40 price band now acts as a key intraday support cluster.
A sustained defense of this zone, ideally supported by rising OBV, could pave the way for sideways consolidation in the near term.
For now, directional bias remains neutral-to-bearish unless buyers reclaim initiative above $0.44.
Other Notable Losers
In the broader market, several tokens experienced notable price retracements.
WayFinder [PROMPT] led the declines with a sharp 51% drawdown, followed by BabyIon [BABY] and deBridge [DBR], which saw pullbacks of 43.7% and 40%, respectively.
Conclusion
Here’s the weekly recap of the top gainers and losers. Given the market’s inherently volatile nature, rapid price fluctuations are common.
Therefore, it’s crucial to conduct thorough due diligence (DYOR) before making any investment decisions.
