Top Altcoins This Week: Big Gains But Weak Charts

The latest weekly leaderboard shows Bitway, Venice Token, and Filecoin taking the top spots among the biggest market gainers. However, strong price action does not always mean a healthy chart. Traders are watching these assets closely as they test key technical levels.

Bitway led the pack with a 43.2 percent weekly gain to trade near $0.70. Despite the strong surge, its daily chart shows a rejection at resistance and lower volume compared to earlier in the summer. A bearish divergence on the relative strength index suggests caution, with key support sitting much lower at $0.48.

Venice Token climbed 33.5 percent over the week to reach $22.33, pulling back from a recent record high. The current price is testing a solid support zone near previous highs, while its technical indicators show a more stable setup than its peers. Meanwhile, Filecoin posted the strongest market confirmation of the three, with daily trading volume hitting 51 percent of its total market cap as price tests the $1 level.

Traders should keep a close eye on volume and support levels for these three assets in the coming days. While big weekly percentages grab attention, confirmation from trading volume is what keeps a rally alive.