Last week, the cryptocurrency market experienced a significant resurgence. Bitcoin spearheaded this recovery, surging past several key psychological thresholds and surpassing $66,000 for the first time in nearly a month. 
The rest of the market followed this bullish trend, leading to a $255 billion increase in the global crypto market cap over the past week. This growth equated to an impressive 11.95% rise, driven by contributions from several altcoins. 
Here are our top cryptocurrency picks to watch this week, based on their noteworthy performances last week: 
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 <img loading="lazy" decoding="async" width="1024" height="347" src="https://crypto.news/app/uploads/2024/07/Solana-SOL-14.35.38-21-Jul-2024-1024x347.png" alt="SOL, ZK, BRETT: Top cryptocurrencies to watch this week - 25"> 
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 SOL, ZK and BRETT prices – July 21 | Source: Santiment
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<h2 class="wp-block-heading" id="sol-hits-six-week-high">SOL hits six-week high</h2> 
Solana (<a href="https://crypto.news/price/solana/">SOL</a>) was one of the top beneficiaries of the market recovery last week. Over the seven days, SOL saw six days of persistent gains. The asset eventually crossed $175 for the first time in six weeks before seeing a roadblock. 
Throughout last week, Solana <a href="https://crypto.news/ethereum-solana-touch-key-levels-as-bitcoin-spikes/">demonstrated</a> strong bullish momentum, rising by 22.35% from $141 to $172. The daily chart shows a consistent pattern of higher highs and higher lows, indicating sustained buying pressure.&nbsp; 
Notably, the Accumulation/Distribution line, which reached 297.488 million, confirms the buying trend.&nbsp; 
Additionally, the Klinger Oscillator saw a recent positive crossover with a reading of 125.642K. The oscillator shows that the buying trades volume surpasses the selling trades. However, investors need to watch the $148.48 support, as a breach below it could strengthen the bears. 
 You might also like: <a href="https://crypto.news/vc-roundup-allium-16-5m-bima-labs-secures-2-25-million/"> VC roundup: Allium raises $16.5m as crypto funding activity cools </a> 
<h2 class="wp-block-heading" id="zk-rallies-18-in-a-week">ZK rallies 18% in a week</h2> 
ZkSync (<a href="https://crypto.news/price/zksync/">ZK</a>) also leveraged the market rebound, riding on the momentum to record an impressive 18.9% increase last week, as it surged from $0.1596 to $0.1897.&nbsp; 
ZK recently retested the 23.6% retracement level at $0.1918, indicating this could be a near-term resistance. If the price breaks above this level, it may signal further upside potential.&nbsp; 
Conversely, the 38.2% retracement level at $0.1844 and the 50% level at $0.1784 serve as potential support zones if <a href="https://crypto.news/binance-announces-zksync-listing-rollblock-price-soars-amid-speculations-its-next/">zkSync’s</a> price pulls back.&nbsp; 
The On-Balance Volume (OBV) indicator is currently at 2.826 billion, showing a rising trend, and suggesting an increase in buying volume. This surge in OBV supports the bullish price movement and indicates strong accumulation. 
<h2 class="wp-block-heading" id="brett-records-largest-intraday-gain-in-seven-weeks">BRETT records largest intraday gain in seven weeks</h2> 
Brett (<a href="https://crypto.news/price/brett/">BRETT</a>) witnessed a similar uptrend, but its price was hit by greater volatility. The token started the week strong, recording an intraday gain of 20.57% on July 15, the largest in seven weeks. However, BRETT collapsed 11% over the three days that followed. 
BRETT’s Bull Bear Power (BBP) fluctuates around the 0.02847 mark, indicating mixed sentiment. However, a positive shift towards the end of the week indicates bullish momentum, which helped BRETT end the week with a 27% increase.&nbsp; 
On the MACD indicator, the MACD line at 0.00232 is slightly above the signal line at 0.00119. This crossover, although modest, typically indicates a potential buy signal.&nbsp; 
If the MACD line continues to move upward and the BBP remains positive, it could suggest a bullish trend for <a href="https://crypto.news/meme-coin-rally-pepe-floki-wif-and-brett-are-all-up-20/">BRETT</a> in the following week. The key will be to watch for sustained volume and momentum to confirm this potential uptrend. 
 Read more: <a href="https://crypto.news/dogwifhat-rallies-pepe-floki-record-double-digit-gains/"> Dogwifhat rallies; PEPE, FLOKI record double-digit gains </a>

SOL, ZK, BRETT: Top cryptocurrencies to watch this week

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