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The uptrend that dominated the market in recent weeks hit a roadblock last week, with the global crypto market losing $70 billion in a correction to $2.28 trillion. 
This correction coincided with Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>) closing the week at the lower spectrum of the $67,000 mark, dragging the broader market down. However, some altcoins demonstrated resilience. 
Here are our picks for the top cryptocurrencies to watch this week following noteworthy price movements last week: 
<h2 class="wp-block-heading" id="hege-on-a-recovery-push">HEGE on a recovery push</h2> 
Hege (<a rel="" href="https://crypto.news/price/hege/">HEGE</a>) initially succumbed to the week’s bearish <a href="https://crypto.news/crypto-selloff-is-cooling-down-liquidations-plunge-40/" target="_blank">pressure</a>, but eventually staged a recovery at the close of the week. 
Despite this late rebound push, Hege ended last week beneath the $0.01 mark, slumping by nearly 18%. This marked the first time it traded below $0.01 this month. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1901" height="829" src="https://crypto.news/app/uploads/2024/10/HEGE-1D-Chart.png" alt="HEGE, SOL, SAFE: Top cryptocurrencies to watch this week - 18" class="wp-image-14306232">
 <figcaption class="wp-element-caption">
 HEGE 1D chart – Oct. 27 | Source: <a href="https://www.tradingview.com/" target="_blank" rel="nofollow">Trading View</a>
 </figcaption>
</figure> 
Its recovery came on Saturday, gaining 20% that day. The uptrend has spilled into the new week, with an additional 10.70% gain this morning. 
Hege’s rebound appears to be forming a V bottom pattern, which could complete with a rally to $0.0147, the previous top. 
Interestingly, the asset’s RSI currently sits at 46.71. This position confirms that HEGE still has massive room for more upsurge, but it needs to maintain the $0.01 level to sustain the recovery this week.&nbsp; 
A drop below Fib. 0.382 ($0.00975) could trigger a new downturn. 
Hege is a meme cryptocurrency that launched in April. It revolves around a storytelling concept involving a character navigating financial struggles and seeking redemption. 
 You might also like: <a rel="" href="https://crypto.news/crypto-vc-funding-stripe-bridge-bluesky-15-million/"> Crypto VC funding: Stripe buys startup Bridge for $1.1b, Bluesky bags $15m </a> 
<h2 class="wp-block-heading" id="sol-bucks-the-trend">SOL bucks the trend</h2> 
Solana (<a href="https://crypto.news/price/solana/" target="_blank">SOL</a>) bucked the negative trend in the market, closing last week with a 7% gain while the rest of the market dropped. SOL ended the week above $170 despite starting below $160. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1906" height="825" src="https://crypto.news/app/uploads/2024/10/SOL-1D-Chart.png" alt="HEGE, SOL, SAFE: Top cryptocurrencies to watch this week - 19" class="wp-image-14306231">
 <figcaption class="wp-element-caption">
 SOL 1D chart – Oct. 27 | Source: <a href="https://www.tradingview.com/" target="_blank" rel="nofollow">Trading View</a>
 </figcaption>
</figure> 
A CCI of 111.50 suggests Solana’s momentum is strong, with the uptrend likely to continue amid whale <a href="https://crypto.news/solana-and-xrp-whales-in-a-buying-frenzy-after-new-altcoin-surges-218/" target="_blank">accumulation</a>. However, caution is advised, as the CCI is now close to overbought territories. 
Should a correction ensue this week, the $159.46 level, which previously acted as resistance, represents the first robust support. A slip below this level would bring the Pivot level at $144.76 into play.&nbsp; 
If the selling pressure breaches this Pivot point, the momentum could flip bearish. In such a scenario, Solana’s next support levels are $128.80, $118.94, and $102.98. 
<h2 class="wp-block-heading" id="safe-spikes-55">SAFE spikes 55%</h2> 
Like Solana, Safe (<a rel="" href="https://crypto.news/price/safe/">SAFE</a>) set its own path last week, ignoring the direction of the broader market. The altcoin’s biggest push <a href="https://crypto.news/god-candle-forms-on-safe-chart-following-upbit-listing-correction-ahead/" target="_blank">came</a> on Oct. 24, when it spiked 40.54%, its largest intraday gain this year, following Upbit’s listing. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1905" height="833" src="https://crypto.news/app/uploads/2024/10/SAFE-1D-Chart.png" alt="HEGE, SOL, SAFE: Top cryptocurrencies to watch this week - 20" class="wp-image-14306233">
 <figcaption class="wp-element-caption">
 SAFE 1D chart – Oct. 27 | Source: <a href="https://www.tradingview.com/" target="_blank" rel="nofollow">Trading View</a>
 </figcaption>
</figure> 
SAFE sustained the gains the following day, gaining by another 11.52%. Despite a mild retracement on Saturday, the asset closed the week with a 55% increase at $1.468. 
SAFE maintains its bullish momentum, with the +DI of the Directional Moving Index currently at 39.6, while the ADX sits at 40.5. Meanwhile, the -DI currently trades at 8.8, suggesting a slowdown in the bearish push. 
However, the recent correction has spilled into the new week, with Safe shedding 6.81% of its value today. Amid the drop, the Fib. 0.618 level ($1.269) could serve as the next line of defense, with a steeper drop threatening to bring $1.11 into the picture. 
In 2022, Safe was spun out from Gnosis, a well-known Ethereum-based decentralized platform. The separation occurred as part of a strategic move to establish Safe as an independent entity, allowing it to focus more narrowly on its multisignature wallet technology and decentralized infrastructure. 
 Read more: <a rel="" href="https://crypto.news/bitcoin-etf-inflows-3-billion-demand-6-month-high/"> Bitcoin ETF inflows surpass $3b in October, demand hits six-month high </a>

HEGE, SOL, SAFE: Top cryptocurrencies to watch this week

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