Coinidol.com: Weekly Cryptocurrency Market Analysis: Altcoins Return to the Bottom of the Chart

The worst performing cryptocurrencies have fallen to the bottom of the chart.

Pump.fun, Starknet and Story have reached their lowest price level. Coins with the lowest prices are more likely to attract buyers.

Pumping fun

The price of Pump.fun (PUMP) has continued to decline after falling below the previous low. The bearish momentum has pushed the price below the USD 0.002 support and reached a low of USD 0.001. The price fell below the USD 0.002 support before recovering to retest it, indicating a likely continuation of the decline.

Currently, the altcoin has paused its fall above the $0.001 support. PUMP has entered the oversold zone. Buyers are expected to emerge in this oversold area. PUMP is currently the worst performing altcoin. The features are as follows:

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  The current price: $0.001754

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  Market cap: $620,302,724.39

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  Trading volume: $59,977,497.27

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  7 days loss: 25.63%

Ghost

Aave (AAVE) has still fallen below the moving average lines. Today, the altcoin hit a low of $152. On the other hand, bearish momentum is expected to continue towards the October 10 price level of $128, and then to the low of $113.

However, selling pressure has paused above the USD 150 level. This is the second time the altcoin has remained above the November 21 price level. If the altcoin falls below its current support, selling pressure will resume. AAVE ranks second in the following statistics:

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  The current price: $152.17

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  Market cap: $2,329,167,236.4

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  Trading volume: $261,382,232.28

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  7 days loss: 19.49%

MemeCore

The price of MemeCore (M) has plummeted and fallen below the moving average lines. On December 13, buyers pushed the price above the moving average lines, but it was stopped by the 50-day SMA. The cryptocurrency has since fallen below the moving average lines, retested the 21-day SMA barrier and resumed its decline.

Currently, the price is trading below the 21-day SMA. Additionally, Doji candlesticks appear, indicating asset consolidation. M ranks third on our list of the worst performing coins.

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  The current price: $1.36

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  Market cap: $1,705,772,712.71

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  Trade vcirculation: $11,408,608.42

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  7-day loss: 18.26%

Starknet

Starknet (STRK) price fell below the $0.10 support level and reached a low of $0.081. The decline has paused above the $0.080 support, forming a Doji candlestick. Doji candlesticks indicate traders’ indecisiveness regarding the direction of the market. If current support holds, an uptrend could emerge. STRK is the fourth worst coin in our rankings.

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  The current price: $0.08139

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  Market cap: $404,132,768.39

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  Trading volume: $37,061,991.6

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  7 days loss: 15.75%

Story

The price of Story (IP) drops and reaches a low of $1.36. Today the drop has reached $1.43. Doji candlesticks have dominated the price action and slowed its movement. The cryptocurrency has reached the oversold level of the market. Buyers are expected to emerge as the market approaches its lowest price point. IP is the fifth worst cryptocurrency.

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  Current price: $1.49

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  Market cap: $509,750,732.67

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  Trading volume: $17,347,515.7

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  7 days loss: 13.69%

Disclaimer. This analysis and prediction are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be taken as an endorsement by Coinidol.com. Readers should do their research before investing in funds.