Canton (CC) Leads Weekly Crypto Gainers as Market Remains Range‑Bound

Published: 2025-12-28 19:29:07 |

The crypto market remained range-bound with low volume as safe-haven flows favored gold and precious metals. Canton (CC) led weekly gainers with a ~20% rally after breaking $0.117 resistance, supported by spot accumulation and a benign daily RSI — traders may target $0.12 on continuation. Zcash (ZEC) rose ~17%, forming an accumulation base near $300 after a prior ~60% sell-off and could see larger upside if momentum resumes. DASH gained ~16%, posting its first green weekly close after several down weeks; a decisive break above $50 is needed to confirm a bottom. Smaller altcoins produced outsized moves — Islamic Coin (ISLM, +143%), NUMINE (NUM, +101%) and Apro (AT, +75%) — while heavy losers included LGCT (-72%), IR (-55%) and FLOW (-32%). On the downside, Pippin (PIPPIN) dropped ~10% amid a ~90% spike in open interest and a leverage-driven unwind, risking a deeper pullback toward $0.35 from current support around $0.40. XDC repeatedly failed at the $0.05 resistance and MYX faded from ~$3.8 back to ~$3.5, making $3.8 a key breakout level. Key trader takeaways: monitor CC’s $0.117–$0.12 zone and RSI for continuation, watch ZEC’s $300 base for accumulation plays, require confirmation (DASH > $50) before buying a reversal, and treat PIPPIN, XDC and MYX critical levels as risk-management points due to elevated leverage and resistance tests. Sources: COINOTAG and TradingView.

Neutral

The combined coverage highlights mixed, asset-specific moves rather than broad market direction. Canton (CC), ZEC and DASH show bullish technical signs (breakouts, accumulation bases, first green weekly close) that could produce short-term upside for those specific tokens if confirmed. However, the overall market is range-bound with low volume and safe-haven inflows into precious metals, which limits conviction for a broad rally. Elevated open interest and leverage on PIPPIN — plus failed resistances on XDC and MYX — increase downside risk for those names. For traders, this suggests selective, confirmation-based entries: bullish for CC, ZEC and DASH conditional on key levels (CC $0.117–$0.12; ZEC $300 base; DASH > $50), bearish or cautionary for PIPPIN, XDC and MYX until leverage and resistance issues resolve. Overall impact on the mentioned tokens is mixed, warranting neutral market classification.