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The Entire Crypto Market Is Bleeding — Why Are These 3 Altcoins Pumping?

Price ActionTechnical Analysis
June 4, 2026
3 min read
The Entire Crypto Market Is Bleeding — Why Are These 3 Altcoins Pumping?

Worldcoin, LAB, and SIREN jumped double digits on Thursday even as most major cryptocurrencies sold off, turning three small caps into rare green spots on an otherwise red market map.

Bitcoin, Ethereum, Solana, and XRP all traded lower over the past 24 hours. Against that backdrop, some altcoins are pumping. The trio stood out with gains near 14%, 11%, and 27%, drawing momentum traders.

Token
Price 24h Change Market Cap Rank
Worldcoin (WLD) $0.52 +14% $1.77B 48
LAB (LAB) $17.52 +11% $5.48B 21
Siren (SIREN) $0.73 +27% $524M 101
Crypto market today /
Crypto market today / Source: cryptobubbles.net

Worldcoin (WLD) Breaks Above Its 200-Day Average

Worldcoin (WLD) traded near $0.52 after a 14% daily gain, with a market cap of about $1.77 billion and a rank of 48. The daily chart shows price reclaiming its 200-day moving average for the first time this year.

The move carried WLD into the 0.786 Fibonacci retracement near $0.56 on a sharp volume spike. The relative strength index returned to bullish territory, though a first sign of bearish divergence suggests momentum may be cooling.

A pullback would test support at the 0.618 level near $0.50, then the 0.5 level near $0.44. A recent Worldcoin analysis flagged the same breakout zone, while a slower token unlock schedule could ease selling pressure into July.

WLD daily chart / Source: Tradingview

LAB Coils in a Triangle After a 77% Crash

LAB (LAB) recovered to about $17.76, up roughly 11% on the day, with a market cap near $5.48 billion and a rank of 21. The bounce follows a violent crash that erased about $6 billion in value.

LAB fell 77% from a record $27.96 on June 2 as allegations of insider control and market manipulation spread. The hourly chart now shows price coiling inside a symmetrical triangle, a pattern that often precedes a sharp directional move.

Resistance sits at the 0.382 Fibonacci level near $19. Support rests at the 0.618 level near $13.25, with a deeper floor at the 0.786 level near $9.25. The relative strength index reads neutral, so the next breakout could decide the trend.

LAB hourly chart
LAB hourly chart / Source: Tradingview

SIREN Clears Its Breakout Level and Eyes $0.80

Siren (SIREN) led the group with a 27% surge to about $0.73, lifting its market cap toward $524 million and a rank of 101. The token dropped more than 50% on May 14, then consolidated near $0.50 for several weeks.

The 4-hour chart shows price breaking above the 0.236 Fibonacci level near $0.66 on rising volume. The volume profile places its heaviest node at $0.50, marking that base as firm support. The relative strength index is trending higher in bullish territory.

The next resistance stands at the 0.382 level near $0.80, then a larger ceiling at the 0.786 level near $1.18. Earlier SIREN rally coverage and a separate report on supply concentration highlight both the upside and the risk in such a thin float.

SIREN 4-hourly chart
SIREN 4-hourly chart / Source: Tradingview

Each of the three setups rests on the same fuel, namely rising volume and recovering momentum against a falling market. That strength holds only while buyers keep showing up. If volume fades, the same charts that look bullish today could flip just as quickly.

The post The Entire Crypto Market Is Bleeding — Why Are These 3 Altcoins Pumping? appeared first on BeInCrypto.

RELATED TOPICS

worldcoinlabsirenmarket outperformancebullish breakoutmoving averagecryptocurrency rallytechnical breakoutmarket divergencealtcoin gains

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