The cryptocurrencies listed below have underperformed as their prices have stayed the same or fallen below moving average lines.
At their recent highs, cryptocurrencies are rejected. A few different cryptocurrencies are discussed.
Starknet
Starknet (STRK) is a new altcoin that is now in decline. The altcoin fell from its high of $3.15 to a low of $1.68. The bulls bought the dips, but the bullish correction stopped at $1.95. At the time of writing, the cryptocurrency is valued at $1.82. Selling pressure is expected to become even more negative. Due to these factors, STRK is the worst performing cryptocurrency among cryptocurrencies.
Current price: $1.85
Market capitalization: $18,441,677,389
Trading volume: $711,301,799
7-day loss: 21.34%
mine
Mina (MINA) is recovering from a decline. Since December 26, 2023, upward moves have been hampered by the resistance at $1.50. The altcoin is falling after retracing its recent peak three times. The price of the cryptocurrency has slipped between the moving average lines, indicating a possible range-bound trend. MINA is trading at $1.29 at the time of writing. The altcoin will fall further if the bears break below the 50-day SMA. The second worst performing altcoin is MINA. Here are some key features:
Current price: $1.29
Market capitalization: $1,456,496,778
Trading volume: $51,077,806
7-day loss: 15.23%
Helium
Helium (HNT) is experiencing a rally. Bullish momentum has reached bullish exhaustion since December 19, 2023, when it peaked at $10.00. The price of the cryptocurrency has been pushed to swing sideways between $5.50 and $10.00. The altcoin will perform if the current resistance and support levels are broken. HNT is now worth $9.11. Doji candles have dominated the price action. HNT's performance is the third worst. It has the following features:
Price: $9.09
Market capitalization: $2,027,552,946
Trading volume: $19,951,120
7-day loss: 14.84%
dimension
Dymension (DYM) is moving sideways in a vertical uptrend. The vertical uptrend stopped at a high of $8.88. Since February 6, the altcoin has been forced to trade sideways below the $9.00 barrier. The presence of doji candles has caused the price action to remain stationary. The cryptocurrency is now worth $7.33. DYM is now the fourth worst performing coin. It has the following features:
Price: $7.07
Market capitalization: $7,066,377,009
Trading volume: $83,419,942
7-day loss: 14.01%
Decision
Arbitrum (ARB) is currently in an uptrend and has completely recovered from its downtrend. The current rally ended after a high of $2.40. Since January 11, 2024, the altcoin has been in a sideways trend below the $2.20 resistance level. The cryptocurrency has been trading at prices between $1.60 and $2.20. ARB is falling in price and approaching the bottom. The downtrend will continue if the price falls below the $1.60 support. ARB is the fifth worst performing cryptocurrency.
The current price: $1.77
Market capitalization: $18,237,627,028
Trading volume: $438,902,187
Loss of 7 days: 13.69
Disclaimer. This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrencies and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.
