XDC Network
The price of XDC Network (XDC) is falling but remains above the moving average lines. If the current support holds, the market will rise again and reach the previous high of $0.093. XDC is the worst performing cryptocurrency with a 7-day loss of 24.29%.
Mantle
The price of Mantle (MNT) has dropped significantly and is currently trading at $0.46. The cryptocurrency is expected to move between $0.44 and $0.47. MNT is the second lowest performing cryptocurrency with a 7-day loss of 10.64%.
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XRP
The price of XRP (XRP) is falling and trading between the moving average lines. XRP will rise to its previous high of $0.85 if the price rises above the 21-day line SMA and resistance at $0.70. XRP is the third worst performing coin with a 7-day loss of 6.43%.
Compound
The price of Compound (COMP) is falling below the moving average lines. COMP could fall further to the previous low of $40. It is currently trading above the $53 support level. COMP is in a negative trend and has a 7-day loss of 6.10%.
Optimism
Optimism (OP) has crossed above the moving average lines and is currently correcting higher. If the moving average lines are violated, the cryptocurrency will rise or fall. OP is currently recovering after falling to a low of $1.52. OP is the fifth worst performing cryptocurrency with a 7-day loss of 5.94%.
Hot Take
This week, XDC Network is the worst performing cryptocurrency, while Optimism is the fifth worst performing cryptocurrency. Altcoins are facing a bearish trend, but some are attracting buyers at lower price levels. It remains to be seen if these altcoins will experience a comeback or continue to decline.
