bullish

Hamster Kombat

FTX Token

Bitcoin ETF

The global crypto market cap ended last week with a 7% drop, losing $160 billion as it closed at $2.15 trillion.
While Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) influenced the broader market, several altcoins charted their own paths, benefiting from unique developments within their ecosystems.
Here are some of these cryptocurrencies to keep an eye on this week, following their diverse price movements last week:
<h2 class="wp-block-heading" id="hmstr-collapses-18">HMSTR collapses 18%&nbsp;</h2>
Hamster Kombat (<a href="https://crypto.news/price/hamster-kombat/" target="_blank" rel="noopener noreferrer nofollow">HMSTR</a>) saw a bearish week, dropping 18% to $0.004714. Its worst day came on Oct. 1 when it fell 13.94% amid a broader market decline on the back of <a href="https://crypto.news/bitcoin-crypto-down-4-as-israel-iran-conflict-escalates/" target="_blank" rel="noopener noreferrer nofollow">geopolitical tensions</a>.
<figure class="wp-block-image size-full"><img fetchpriority="high" decoding="async" width="1162" height="680" src="https://crypto.news/app/uploads/2024/10/HMSTR-4h-Chart.png" alt="HMSTR, SUI, FTT: Top cryptocurrencies to watch this week - 1" class="wp-image-14301881">
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 HMSTR 4H chart – Oct. 6 | Source: <a href="https://crypto.news/price/hamster-kombat/" target="_blank" rel="noopener noreferrer nofollow">crypto.news</a>
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</figure>
Last week’s bearishness built on a <a href="https://crypto.news/hamster-kombat-down-59-after-airdrop/" target="_blank" rel="noopener noreferrer nofollow">downtrend</a> HMSTR has faced since its airdrop on Sept. 26. However, the four-hour chart shows some signs of recovery, with the RSI sloping upward, now at 42.82.
For the DMI, the +DI is steady at 17.46, signaling slight buyer momentum. However, the -DI at 23.07 slopes downward, indicating weakening selling pressure. The ADX is at 22.68 and trending downward, as the current trend loses strength.
These figures suggest a possible recovery if buying momentum continues, with bulls possibly targeting $0.0051. However, the downtrend may persist if buyers do not pick up pace this week.
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/weekly-nft-sales-rise-to-85-9m-ethereum-network-leads-the-pack/"> Weekly NFT sales rise to $85.9m, Ethereum network leads the pack </a>
<h2 class="wp-block-heading" id="sui-demonstrates-resilience">SUI demonstrates resilience&nbsp;</h2>
Sui (<a href="https://crypto.news/price/sui/" target="_blank" rel="noopener noreferrer nofollow">SUI</a>) showed resilience despite broader market volatility, dropping only 0.3%. On Oct. 1, amid market turmoil, SUI dipped just 0.97%.
However, it <a href="https://crypto.news/sui-price-tanks-after-hitting-a-six-month-high-amid-market-volatility/" target="_blank" rel="noopener noreferrer nofollow">saw</a> a sharper 10.38% decline on Oct. 3, its largest intraday crash in three months.
<figure class="wp-block-image size-full"><img decoding="async" width="1162" height="681" src="https://crypto.news/app/uploads/2024/10/SUI-1D-Chart.png" alt="HMSTR, SUI, FTT: Top cryptocurrencies to watch this week - 2" class="wp-image-14301882">
 <figcaption class="wp-element-caption">
 SUI 1D chart – Oct. 6 | Source: <a href="https://crypto.news/price/sui/" target="_blank" rel="noopener noreferrer nofollow">crypto.news</a>
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SUI appears to be forming a bull pennant following its <a href="https://crypto.news/sui-gains-115-in-september-backed-by-ecosystem-growth/" target="_blank" rel="noopener noreferrer nofollow">uptrend</a> in September. Currently, the Bollinger Bands indicate the upper band at $1.97, which acts as resistance, and the 20-day MA at $1.62 provides immediate support.&nbsp;
With SUI trading below the upper band, the price could stabilize above the $1.62 support.
Investors should monitor for a bounce between $1.62 and $1.97, with a breakout above the resistance likely signaling bullish momentum for the week.
<h2 class="wp-block-heading" id="ftt-bucks-the-trend">FTT bucks the trend</h2>
FTX Token (<a rel="noopener noreferrer nofollow" href="https://crypto.news/price/ftx/">FTT</a>) defied market trends last week, gaining 22% while most assets declined.
On Oct. 1, FTT rose by 13.89%, followed by a <a href="https://crypto.news/bitcoin-hits-62k-as-ftx-token-beam-shiba-inu-soar-after-us-adds-254k-jobs-in-september/" target="_blank" rel="noopener noreferrer nofollow">21.53% surge</a> on Oct. 4 and another 9.86% the next day.&nbsp;
<figure class="wp-block-image size-full"><img decoding="async" width="1162" height="681" src="https://crypto.news/app/uploads/2024/10/FTT-1D-Chart.png" alt="HMSTR, SUI, FTT: Top cryptocurrencies to watch this week - 3" class="wp-image-14301883">
 <figcaption class="wp-element-caption">
 FTT 1D chart – Oct. 6 | Source: crypto.news
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</figure>
Amid this uptrend, the Williams Percent Range stands at -32.59, signaling that FTT is near overbought territory but still has room for further gains.&nbsp;
As it witnesses a 9% retracement this new week, bulls need to defend the Pivot support at $2.01 to prevent a slip into bearish territories. Below this, the next support rests at $1.33, marking lows last seen in two weeks.
Should FTT recover from the latest correction, market participants should watch for a break above the resistance level at $2.68, which continues the bullish momentum.
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/bitcoin-etf-outflows-surpass-300m-analysts-key-price/"> Bitcoin ETF outflows surpass $300m, analysts warn of key price levels </a>

HMSTR, SUI, FTT: Top cryptocurrencies to watch this week

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