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The cryptos listed below are the worst-performing altcoins trading in the bearish trend zone. Altcoins have dropped significantly and are approaching the bottom of the chart.
dogwifhat
dogwifhat (WIF) has been on the decline since March 31. The cryptocurrency has fallen after hitting resistance at $4.85. The altcoin fell three times to as low as $1.49, but the bulls bought the dips. The current support has not been broken since June 22. Should the bears break the current support at $1.49, the altcoin would drop to a low of $0.47. On the upside, the upward movement is being held back by resistance at $2.90. The altcoin is currently trading in a range of $1.50 to $2.50. WIF is now worth $1.89.
WIF is the worst-performing altcoin. It possesses the following qualities:
The current price: $1.90
Market capitalization: $1,898,540,091
Trading volume: $476,116,007
7-day loss percentage: 20.90%
Sei
Sei (SEI) is in a downtrend after hitting resistance at $1.14. The altcoin has fallen to a low of $0.24, but the bulls have bought the dips. The cryptocurrency has fallen into the oversold territory of the market. Further declines in the cryptocurrency are unlikely.
The bulls bought the dips around $0.24 and rallied to a high of $0.40. The upward correction was halted at the $0.40 high, as the cryptocurrency fell. On the downside, if the present support at the high of $0.24 holds, SEI will be forced to set a price range of $0.24 to $0.40. SEI is now worth $0.29. SEI is the second-lowest performing cryptocurrency. It has the following characteristics:
The 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, but in a sideways movement. Since April 13, selling pressure has eased and the altcoin has fallen to a low of $20.05. The bulls bought the dips and started trading between $18 and $30. Over the past three months, the price of the cryptocurrency has fluctuated below and above the moving average lines. Today, the bears broke below the moving average lines and the altcoin hit a low of $21. If the current support at $18 holds, the altcoin will continue to trade in a range.
INJ is the third-worst-performing coin based on these metrics.
The 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 in a downtrend since March 15. The altcoin has lost value since its high of $2.78. The cryptocurrency is now worth $0.44. On July 3, the cryptocurrency plunged to a low of $0.43 before rebounding. The upward correction hit resistance at $0.60 and triggered a range-bound move. The price of the altcoin is hovering between $0.40 and $0.60. If the current support at $0.40 holds, the sideways trend will remain.
This is the fourth worst performing cryptocurrency.
Market Capitalization: $4,468,664,070
Trading Volume: $89,256,407
7–day gain/Loss: 12.25%
Pepe
Pepe's (PEPE) price is in an uptrend, however it is trading in a bull market. The uptrend has ended after May 27. The bullish trend was reversed at a high of $0.00001722. PEPE is currently moving in a band of $0.0000085 to $0.000014. Buyers were unable to hold the price above the $0.000014 resistance.
On the downside, the cryptocurrency's price varies as it approaches the current support of $0.0000085. The altcoin is currently worth $0.0000098.
PEPE is the fifth-lowest performing cryptocurrency. It possesses the following characteristics:
The current price: 0.000009843
Market Capitalization: $4.14B
Trading Volume: $851.61M
7–day Loss: 10.88%
Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.