The Worst-Performing Altcoins in the Bearish Trend Zone 📉
Are you looking for insights into the worst-performing altcoins in the current bearish trend zone? Here are some altcoins that have experienced significant drops, approaching the bottom of the chart. Let’s delve into the details of each one below:
dogwifhat
– dogwifhat (WIF) has been declining since March 31, falling from a resistance point of $4.85 to as low as $1.49.
– Bulls have bought the dips, keeping the current support intact since June 22.
– If the support at $1.49 is broken, the altcoin might drop to $0.47.
– Resistance at $2.90 is hindering any significant upward movement.
– WIF is now trading within the range of $1.50 to $2.50, with its current value at $1.89.
Key Characteristics of WIF:
– Current price: $1.90
– Market capitalization: $1,898,540,091
– Trading volume: $476,116,007
– 7-day loss percentage: 20.90%
Sei
– Sei (SEI) entered a downtrend after hitting resistance at $1.14, dropping to $0.24.
– The cryptocurrency moved into the oversold territory but is unlikely to experience further declines.
– Bulls intervened at the $0.24 mark, pushing the price up to $0.40.
– SEI’s current value stands at $0.29, making it the second-lowest performing altcoin.
Key Characteristics of SEI:
– Current price: $0.2907
– Market capitalization: $2,906,901,893
– Trading volume: $81,228,350
– 7-day loss percentage: 15.63%
Injective
– Injective (INJ) is in a downtrend with sideways movement since April 13, trading between $18 and $30.
– Recent price changes pushed INJ to a low of $20.05, triggering a range-bound move.
– INJ’s current value stands at $21.61, positioning it as the third-worst-performing altcoin.
Key Characteristics of INJ:
– Current price: $21.61
– Market Capitalization: $2,161,352,329
– Trading Volume: $116,047,233
– 7-day loss: 12.44%
Starknet
– Starknet (STRK) has been on a downtrend since March 15, dropping from $2.78 to $0.44.
– Recent price fluctuations have kept STRK trading between $0.40 and $0.60.
– STRK’s current value is $0.44, making it the fourth worst-performing cryptocurrency.
Key Characteristics of STRK:
– Market Capitalization: $4,468,664,070
– Trading Volume: $89,256,407
– 7-day gain/loss: 12.25%
Pepe
– Pepe (PEPE) is experiencing an uptrend within a bullish market but has seen a reversal since hitting a high of $0.00001722.
– The altcoin is currently trading within the range of $0.0000085 to $0.000014.
– PEPE’s current value is $0.0000098, making it the fifth-lowest performing cryptocurrency.
Key Characteristics of PEPE:
– Current price: 0.000009843
– Market Capitalization: $4.14B
– Trading Volume: $851.61M
– 7-day loss: 10.88%
Hot Take 🔥
If you’re interested in closely monitoring altcoins in the bearish trend zone, these insights can help you understand the performance of some of the worst-performing cryptocurrencies recently. Keep an eye on their trends and potential fluctuations in the market to inform your investment decisions.
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