The crypto market kicked off the week with notable price action Monday, May 12. While major players like Solana are holding their ground, this weekly crypto outlook zeroes in on what to look for across a full spectrum of key altcoins. We will examine the intraday performance, critical support and resistance levels, and trading volume cues for early market movers such as ONDO, SUI, WAL, and DEEP.
The crypto market kicked off the week with notable price action Monday, May 12. While major players like Solana are holding their ground, this weekly crypto outlook zeroes in on what to look for across a full spectrum of key altcoins. We will examine the intraday performance, critical support and resistance levels, and trading volume cues for early market movers such as ONDO, SUI, WAL, and DEEP.
This crypto watch also extends to infrastructure tokens HBAR and QNT, assessing the latest trends and chart structures. We will also turn a lens on the probable underperformers, including Token S, to provide a well-rounded view of the altcoins to watch this week of May 12, 2025, and what their activity would hold as a signal for the overall market sentiment.
Among the standouts, ONDO 4.66% to , showing a late-day rally after dipping earlier. The $1.02 mark acted as a strong support, with buyers stepping in twice to defend it.
Resistance around $1.10 remains the immediate ceiling, but a break above this could trigger the next leg higher. Despite a dip in volume, ONDO’s $1.18B TVL reflects solid DeFi involvement, reinforcing its price structure.
Similarly, SUI pushed 4.08% higher to settle at . The $3.95 level acted as a foundation, enabling the price to recover mid-day and move into higher highs. Although the volume fell over 21%, its liquidity ratio remains healthy at over 13%, suggesting institutional interest is still intact.
WAL also impressed, gaining nearly 9% to hit . It posted a textbook uptrend with higher highs and firm support near $0.615. Resistance at $0.685 could prove pivotal. However, its low circulating supply means future token unlocks may affect its trajectory.
DEEP surged over 7%, pushing past the mark before easing slightly. The protocol’s rising volume contrasts many others, affirming the strength of its breakout. With just over 30% of its supply in circulation, future emissions should be monitored closely.
On the infrastructure front, HBAR and QNT showed moderate but consistent gains. HBAR climbed to after bouncing off $0.200, maintaining a healthy chart structure.
QNT briefly topped before , holding above its psychological $100 support. Both tokens revealed lower trading volumes, which could temper momentum in the near term.
While most tokens moved upward, Token S a 3.32% loss.
The absence of active market data, zero circulating supply, and unclear trading volume indicate weak fundamentals. Without a recovery in liquidity or activity, investor caution remains warranted.
