Weekly Cryptocurrency Market Analysis: Altcoins Decline The Most
Submitted by Anonymous (not verified) on Tue, 09/03/2024 - 18:30The worst performing altcoins in the previous week. Altcoins are likely to continue their downtrend.
The worst performing altcoins in the previous week. Altcoins are likely to continue their downtrend.
Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.
The price of TRON (TRX) is declining as buyers have failed to sustain their upside momentum above the $0.17 resistance level.
The Toncoin (TON) price has fallen below the moving average lines.
Ethereum (ETH) has risen above the critical support level of $2,400 after recovering from its recent dip.
The Bitcoin (BTC) price has slipped below the moving average lines and is now consolidating above the $58,000 support.
The price of Solana (SOL) has been moving sideways as the altcoin has slipped below its moving average lines.
The price of Dogecoin (DOGE) has fallen below the 21-day moving average line after being trapped between the two.
The price of Shiba Inu (SHIB) fell below the 21-day SMA support, resuming the selling pressure.
The altcoins listed in this weekly cryptocurrency market analysis by Coinidol.com. are experiencing an upward correction.
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