The lowest-performing altcoins are returning to the bottom of their respective charts.
ENA, ASTER, and LIT are trading near the lower end of their respective ranges, and buyers may be attracted to the market’s oversold region.
Monero
Monero’s (XMR) price has fallen below the moving average lines. The cryptocurrency price has dropped below the 21-day SMA support. XMR is trading above the 50-day SMA support but below the 21-day SMA resistance.
Today, buyers are attempting to keep the price above the 21-day SMA level. If buyers succeed in pushing the price above the 21-day SMA barrier, the altcoin will appreciate and may return to the previous highs of $650 and $800. In contrast, XMR will decline if the support is broken. XMR is currently the lowest-performing altcoin.
* The current price: $534.77
* Market capitalisation: $9,811,716,971.14
* Trade volume: $213,167,405.64
* 7-day loss: 30.06%
Ethena
Ethena’s (ENA) price is falling as it approaches lower price levels. The cryptocurrency price has dropped below its low of $0.20. ENA is declining as it nears the October 6 price level of $0.148. The price has entered the oversold territory of the market, where buyers may emerge. Doji candlesticks characterise the price action, causing the altcoin to trade within a range. ENA ranks second lowest in the following metrics:
* The current price: $0.1803
* Market capitalisation: $1,434,809,475.18
* Trading volume: $196,341,042.63
* 7-day loss: 25.52%
Aster
Aster’s (ASTER) price has dropped to the bottom of the chart. The altcoin is currently trading above the $0.50 support level and below the moving average lines. Buyers are attempting to push the altcoin above its moving average lines, which would fuel a bullish surge. If the altcoin turns down from the moving average lines, it will resume its range-bound trend near the bottom of the chart. ASTER is ranked third-lowest on our list of the worst coins.
* The current price is $0.6168.
* Market capitalisation: $1,591,749,746.7
* Trade volume: $156,797,217.5
* 7-day loss: 24.21%
Lighter
Lighter’s (LIT) price has fallen below the moving average lines and is trading at the bottom of its chart. The cryptocurrency is trading above its bottom price of $0.10.
Today, buyers drove the price above the moving average lines; however, the price increase has paused at the $0.152 high. The altcoin is currently trading in a narrow range above the moving average lines but below the $0.16 high. If it overcomes this barrier, LIT will continue to advance, reaching a high of $0.23. LIT is the fourth-poorest coin in our rankings.
* The current price: $1.81
* Market capitalisation: $450,037,697.62
* Trade volume: $123,325,055.14
* 7-day loss: 24.01%
Pepe
Pepe’s (PEPE) price has fallen below the moving average lines but has halted at the 50-day SMA support. The cryptocurrency is currently trading above the 50-day SMA support but below the 21-day SMA barrier. Today, PEPE is gaining as it attempts to stay above the 50-day SMA support.
On the upside, the altcoin will restart its bullish trend if it breaks above the 21-day SMA. If the 50-day SMA support is breached, PEPE will fall as low as $0.0000003188. PEPE is the fifth-worst cryptocurrency.
* The current price: $0.000005152
* Market capitalisation: $2,130,623,825.1
* Trade volume: $628,145,859.68
* 7-day loss: 23.08%
