Starknet (STRK), LayerZero (ZRO), and NEAR Protocol (NEAR) are the top 3 altcoins of the week by CoinGeckos seven-day gains. However, the biggest gainer now shows the weakest chart.
STRK rose 81.7% over seven days, ZRO added 21.7%, and NEAR gained 12.3%. Bitway (BTW) ranked second but trades on thin volume, and was recently covered by BeInCryptos weekly series.
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Top 6 altcoins by seven-day gains. Source: CoinGeckoSTRK Price Faces Further Decline After 80% Weekly Rally
Last week, STRK printed a weekly candle of nearly 110%. The rally stalled near $0.12.
- Technical Indicators:Weekly RSI dropped from an overbought 77 to 65, showing that buying momentum is weakening. An October 15 token unlock of 127 million STRK could add selling pressure.
- Price Projection: If STRK falls below $0.083, the next downside target is $0.06. However, a recovery above $0.12 could push the price toward $0.151 and potentially $0.181.
STRK weekly chart. Source: TradingViewZRO Price Targets $3 as Buying Momentum Grows
ZRO trades at $2.40, up 17.8% in 24 hours. It has moved above the important $2.19 resistance level, which has repeatedly blocked rallies for more than a year.
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- Technical Indicators: Weekly RSI has reached 72, suggesting strong buying momentum but also a risk of overheating. Trading volume is at its highest since February, supporting the rally.
- Price Projection:A weekly close above $2.19 could push ZRO toward $2.54–$2.60. Breaking that resistance could open the way to $3.04. However, renewed selling could send the price back toward $1.84, followed by $1.41.
ZRO weekly chart. Source: TradingViewNEAR Price Could Rally Another 18% if Support Holds
NEAR trades at $5.63, up 4.8% in 24 hours. Despite a roughly 5% decline this week, the token remains above its important $5.42 support level.
- Technical Indicators:Weekly RSI has remained near 75 for four weeks, showing sustained buying strength but also an increased correction risk. Strong trading volume during Septembers breakout supports the bullish trend.
- Price Projection: If NEAR holds above $5.42, it could climb toward $6.66, an approximately 18% gain. However, losing this support could trigger a decline toward $4.54. A deeper correction could take prices toward $3.10–$3.35.
NEAR weekly chart. Source: TradingView
Overall, ZRO and NEAR show stronger bullish momentum, while STRK faces a higher risk of further correction after its sharp rally.
However, all three tokens are approaching critical price levels that could determine their next move.
For traders, the key will be whether buying volume remains strong enough to push prices above resistance or whether profit-taking triggers a deeper pullback.