Ocean Protocol

Litecoin

Jupiter

Cosmos

The global crypto market cap shed an additional $150 billion to close the week at $1.92 trillion. This marked the first time in a month the valuation dropped below $2 trillion. 
Here are some of the leading cryptocurrencies to watch this week, following their significant price movements last week: 
<h2 class="wp-block-heading" id="jup-battles-at-0-70">JUP battles at $0.70</h2> 
Last week, Jupiter (<a href="https://crypto.news/price/jupiter/" target="_blank">JUP</a>) recorded days of gains and losses, as it battled the $0.70 territory. However, bearish pressure prevailed amid a <a href="https://crypto.news/bitcoin-falls-below-54k-exchange-inflows-increase/" target="_blank">failing market</a>, leading to a 6% weekly slump and closing at $0.6979.&nbsp; 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1162" height="681" src="https://crypto.news/app/uploads/2024/09/JUP-1D-Chart_115657.png" alt="JUP, OCEAN, ATOM: Top cryptocurrencies to watch this week - 23" class="wp-image-14296684">
 <figcaption class="wp-element-caption">
 JUP 1D chart – Sept. 8 | Source: <a href="https://crypto.news/price/jupiter/" target="_blank">crypto.news</a>
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</figure> 
Currently, JUP trades between the lower and middle Bollinger Bands. The price sits above $0.6383 (lower band), which provides support. However, it remains below the 20-day moving average ($0.7752), indicating resistance overhead. 
On the DMI, the +DI at 13.15 shows weak buying pressure, while the -DI at 24.86 highlights stronger selling pressure.&nbsp; 
Nonetheless, the +DI appears to be rising as <a href="https://crypto.news/jupiter-and-jasmycoin-lead-the-rally-top-crypto-gainers-and-losers-of-the-day/" target="_blank">Jupiter</a> begins the new week bullish, with the -DI dropping. This suggests a potential shift toward buyers. The ADX at 21.71 shows a moderately strong trend but still lacks clear directional conviction. 
This week, investors should watch for a decisive break above the middle band or below the lower band for clearer momentum in either direction. 
 You might also like: <a rel="" href="https://crypto.news/litecoin-sees-higher-whale-activity-santiment/"> Litecoin sees higher whale activity: Santiment </a> 
<h2 class="wp-block-heading" id="ocean-faces-volatility">OCEAN faces volatility</h2> 
Ocean Protocol (<a href="https://crypto.news/price/ocean-protocol/" target="_blank">OCEAN</a>) had a volatile week. After gaining 9% on Sept. 1 and 2, it quickly reversed course, losing those gains in a sharp 8.82% drop on Sept. 3. It continued to decline, ending the week at $0.4609, a 6.1% weekly drop. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1162" height="681" src="https://crypto.news/app/uploads/2024/09/OCEAN-1D-Chart_121912.png" alt="JUP, OCEAN, ATOM: Top cryptocurrencies to watch this week - 24" class="wp-image-14296685">
 <figcaption class="wp-element-caption">
 OCEAN 1D chart – Sept. 8 | Source: <a href="https://crypto.news/price/ocean-protocol/'" target="_blank">crypto.news</a>
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</figure> 
Currently, <a href="https://crypto.news/ai-tokens-fet-agix-and-ocean-defy-market-trends-rally-amid-nvidia-dip/" target="_blank">OCEAN</a> trades below the Ichimoku Cloud, with resistance at $0.4935 (Senkou Span B). The cloud’s bearish structure suggests continued downward pressure. However, OCEAN is hovering near the flat Kijun-Sen ($0.4921) and Tenkan-Sen ($0.4740), indicating some potential consolidation. 
OCEAN also begins the week on a bullish note. If the price breaks above the cloud, it may challenge higher levels, with $0.4935 acting as key resistance. 
A break below the Kijun-Sen could signal further declines toward $0.46.&nbsp; 
<h2 class="wp-block-heading" id="atom-collapses-18">ATOM collapses 18%</h2> 
Cosmos (<a href="https://crypto.news/price/cosmos-hub/" target="_blank">ATOM</a>) struggled last week, experiencing an 18.8% drop and closing at $3.67. The persistent bearish momentum kept prices low. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1162" height="680" src="https://crypto.news/app/uploads/2024/09/ATOM-1D-Chart_122834.png" alt="JUP, OCEAN, ATOM: Top cryptocurrencies to watch this week - 25" class="wp-image-14296686">
 <figcaption class="wp-element-caption">
 ATOM 1D chart – Sept. 8 | Source: <a href="https://crypto.news/price/cosmos-hub/" target="_blank">crypto.news</a>
 </figcaption>
</figure> 
The Stoch RSI’s K line is at 2.49, while the D line has dropped to 0.83, signaling that ATOM is deeply oversold. This could indicate a potential rebound if buyers step in. However, the current trend remains bearish. 
A CCI at -137.44 also confirms the oversold conditions. Readings below -100 suggest that the selling pressure is strong, but this can also hint at a possible reversal if the trend weakens. 
ATOM may attempt to stabilize in the new week, but the oversold signals suggest a potential short-term rebound. If bearish sentiment persists, ATOM could test lower support levels around $3.50. 
 Read more: <a rel="" href="https://crypto.news/gme-and-kitty-tokens-form-god-candles-but-gains-could-be-brief/"> GME and KITTY tokens form God candles but gains could be brief </a>

JUP, OCEAN, ATOM: Top cryptocurrencies to watch this week

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