Bitcoin slipped under $115,000 on Friday, down nearly 1% on the day. While DeFi tokens are posting g
Bitcoin slipped under $115,000 on Friday, down nearly 1% on the day. While DeFi tokens are posting gains, several altcoins in the top 100 cryptos posted losses. Five key altcoins that weathered the storm could extend their rally in the coming weeks.
Summary
Weekly price performance of cryptos | Source: CoinGecko
Table of Contents
Crypto market sentiment
The Crypto Fear & Greed Index, which tracks market sentiment, reads “Greed”, unchanged from last week and yesterday. This indicates that traders remain bullish despite a 7% drop in total crypto market capitalization overnight.
Crypto Fear & Greed Index | Source: Alternative.me
Traders appear optimistic following a bullish speech by SEC Chair Paul Atkins. The commissioner stated that structural changes at the SEC and its evolving approach to crypto could usher in a “Golden Age” under the Trump administration.
Traders fear missing out on gains as Bitcoin holds steady close to the $115,000 level and top altcoins consolidate above key support levels on Friday.
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DeFi summer and altcoin season analysis
Traders look at the altcoin season index to determine whether top altcoins have outperformed Bitcoin and if their cycle top is close, to plan the next trade. With the altcoin season index reading 37 on a scale from 0 to 100, top alts are yet to outperform Bitcoin on the 90-day timeframe.
The index shows that it has been 234 days since the last altcoin season when 75% of the altcoins in the top 100 cryptos outperformed Bitcoin in a 90-day timeframe.
Altcoin Season Index | Source: Blockchaincenter.net
While not quite altcoin season, the total value locked (TVL) in DeFi has climbed back near pre-FTX collapse levels. Data from DeFiLlama shows DeFi TVL has exceeded $135 billion, approaching the $138 billion level recorded in May 2022.
DeFi TVL | Source: DeFiLlama
Toncoin
Toncoin (TON) is trading 12% below key resistance (R1) at $4 and currently sits at $3.5650. Technical indicators suggest further upside. The RSI reads 68 and is sloping upwards, while MACD indicates underlying bullish momentum.
If TON sees a daily candlestick close above $4, it could test resistance at $4.5.
TON/USDT daily price chart | Source: Crypto.news
A correction in TON could send the altcoin to sweep liquidity at support at the $3 level.
Story
Story (IP) is trading at $5.97, close to the $6 psychological level. It remains 25% below key resistance at $7.50 (R1), with the next level (R2) at $9.
Key support zones lie at $5.30 and $4. The RSI is above 70, suggesting overbought conditions. A drop below 70 could signal a trend reversal. MACD remains bullish for now.
IP/USDT daily price chart | Source: Crypto.news
XDC Network
XDC Network (XDC) trades at $0.09744. The token is close to resistance at R1, at $0.104. The next key level is R2, at $0.130. XDC Networks token hit its 2025 peak at $0.156.
The technical indicators on the daily price chart support the likelihood of further rally in XDC in the coming weeks. RSI reads 65 and is sloping upwards. MACD flashes green histogram bars after signaling a trend reversal briefly last week.
XDC could re-test the resistances at R1 and R2 and target the 2025 peak at $0.156.
XDC/USDT daily price chart | Source: Crypto.news
Cronos
Cronos (CRO) is trading below resistance levels at $0.15 (R1) and $0.16648 (R2). A correction could push the price to sweep liquidity at the $0.11752 support level.
MACD flashes consecutively shorter green histogram bars, meaning there is a likelihood that the underlying bullish momentum is fading.
Traders need to watch RSI and MACD closely before opening a position in Cronos. A daily candlestick close above Thursdays low of $0.13881 could validate the bullish thesis, else the token could sweep liquidity at support over the weekend, before another leg up.
CRO/USDT daily price chart | Source: Crypto.news
TRON
TRON (TRX) has been in an upward trend throughout 2025. The TRON/USDT daily price chart shows TRON is hovering close to its 2025 peak at $0.3510. The tokens 2024 peak is at $0.45. A sustained uptrend could push TRON to re-test its 2024 high.
RSI and MACD, two important momentum indicators support the thesis for further gains in TRON. RSI reads 62 and hovers under the “overvalued” zone that starts at 70. MACD shows that there is an underlying positive momentum in TRON price trend.
TRON/USDT daily price chart | Source: Crypto.news
TRON could find support at $0.30 if there is a correction in the altcoins price in the coming week.
Disclaimer:
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