Altcoins Slump And Fall To The Bottom Of The Chart
The post Altcoins Slump And Fall To The Bottom Of The Chart appeared on BitcoinEthereumNews.com.
Jun 08, 2025 at 12:00 // News The worst-performing altcoins have slipped below the moving average lines, while cryptocurrencies continue to fall to the bottom of the chart.
Altcoins are struggling below the moving average as they face further rejection at the moving average lines.
DeXe
The price of DeXe (DEXE) is in a sideways trend but has slipped below the moving average lines. The altcoin fell to a low of $8.48 before rising again. The cryptocurrency will resume its uptrend if buyers push it above the moving average lines. If the altcoin falls below the moving average lines, it will return to its previous low above $7.32.
The worst performing cryptocurrency, DEXE, has the following characteristics:
The current price: $10.48
Market capitalization: $878,435,561.17
Trading volume: $20,031,653.1
7– day loss: 32.06%
Stacks
Stacks (STX) falls below the moving average lines and reaches a low of $0.65. At $0.40, the altcoin approaches its lowest price. The altcoin has slipped into the oversold area of the market. The presence of doji candlesticks has led to a steady price movement. The altcoin ranks second worst in the following parameters:
The current price: $0.6566
Market capitalization: $1,004,042,585.06
Trading volume: $66,446,916.53
7–day loss: 17.03%
Raydium
The price of Raydium (RAY) is falling below the moving average lines after being rejected twice at the $3.50 mark. Buyers have failed to sustain their bullish momentum above the recent high. The altcoin is returning to its lows above the $1.50 support.
Currently, the altcoin has retraced and settled above the $2.00 support. The positive trend of the altcoin will continue once buyers…
Filed under: News - @ June 8, 2025 1:17 pm