Berachain’s 700% Surge Sparks Buzz While BERA Holds, ATOM Declines, and VeChain Faces Pressure

BERA consolidates: Trading at $2.65, BERA holds support near $2.60 after volatile swings, with mixed signals from moving averages and MACD.

ATOM declines: ATOM slides 6.47% to $4.48, showing weak momentum and range-bound trading, with no clear signs of recovery.

VeChain under pressure: VET falls to $7.55, extending its downtrend from $11.08, though narrowing MACD signals hint at possible stabilization.

The altcoin market reflected mixed movements as Berachain consolidated, ATOM declined, and VeChain showed signs of extended bearish pressure. Price activity highlighted volatility, and indicators suggested uncertain momentum. Each token shaped its short-term outlook with different signals and trading dynamics.

BERA Consolidates After Strong Volatility

BERA traded around $2.65 after a volatile session with sharp intraday spikes and corrections. The token briefly touched $2.87 before retracing. Price then stabilized with support forming near $2.60 as momentum signals turned mixed.

Moving averages confirmed uncertainty, with MA1 at $2.59 and MA5 at $2.42. These levels showed conflicting signals of strength and weakness. Meanwhile, the MACD histogram narrowed, and the lines converged, showing weakening bullish signals.

Overall, BERA consolidated after recent volatility. Price action indicated indecision between continuation higher and correction lower. Market signals confirmed balance between short-term strength and potential weakness.

ATOM Declines with Weak Momentum

ATOM traded at $4.48, marking a sharp 6.47% daily decline. Price dropped from $4.54 to a session low of $4.46. The movement highlighted choppy action within a range-bound structure.

Spikes and pullbacks reflected unstable participation across markets. The MACD indicator shifted repeatedly between bullish and bearish signals. This behavior emphasized weak momentum and indecisive trend direction.

ATOM faced downward pressure near the $4.46 support. Momentum signals lacked strength to confirm recovery. The token continued consolidating without evidence of sustained upward movement.

VeChain Faces Sustained Bearish Pressure

VeChain closed at $7.55 on October 28, 2024, posting a 2.92% daily decline. Price opened at $9.58 and reached a low of $9.53. The token has been trending downward from earlier highs near $11.08.

Moving averages confirmed sustained bearish conditions, with MA1 at $9.73 and MA5 at $9.82. These levels pointed to extended downside pressure. Trading volume reached 10.20M, showing active market participation despite the decline.

The MACD indicator remained negative, though the narrowing gap between the lines suggested possible stabilization. Overall, VeChain faced pressure after extended declines. However, key support began forming near the mid-$7 range.