The fluctuations in the crypto currency market have led to serious loss of value in many subco. In this process, where Bitcoin and Ethereum were also experiencing correction, some beings have managed to resist, but most crypto currencies fell to many weekly or multi -month bottom levels. According to Beincrypto analysts, the worst performances of the week were three subcoin, including WIF Coin.
Dogwifhat (WIF Coin) suffered a sharp decline
The Dogwifhat (WIF) price decreased by close to 38 %this week to $ 0.704, the lowest level of 11 months. This harsh decline came after the loss of $ 0.829 at the beginning of the week. This development increased the pressure on the market and caused concern among investors.
Breast Coin’s decline, about Las Vegas SPERE Kriptokoin.comAs we have reported as the wrong partnership allegations, it gained further speed. As a result of these developments, the WIF fell below $ 1,000, which is psychologically important. According to analysts, the WIF, which is currently trying to hold above $ 0.674, has a fragile structure against decline pressure. If this support level is broken, the sales pressure can withdraw Coin to below $ 0,600 or even to $ 0,500. However, if a strong recovery occurs at $ 0.674, the WIF has the chance to test $ 0.829 again. The recovery of the $ 1,000 level may invalidate the decline scenario.
Virtuals Protocol (VTUAL) became the worst performance of the week
The Virtual was the worst performance crypto currency, which had a harsh decline of 40 %this week. Token, who lost its support of $ 1.30, is currently trading for $ 1.19. This sharp decline increases sales pressure, while a recovery is said to face the risk of further decrease if there is no recovery.
AI -oriented token, which decreased to the lowest level of two months, is trying to maintain its critical $ 1.00 level. According to analysts, if this level is lost, the Virtual can be withdrawn to $ 0.90. This scenario can deepen the losses of investors and cause the decline trend to continue. However, if the price converts $ 1.30 to the support level, sales pressure may be reduced and buyers may return to the market. Exceeding this level can compensate for the latest losses by providing a recovery opportunity for the Vrtory to $ 1.99.
Will Celestia (TIA) maintain its critical support level?
Celestia (TIA) also fell by 31 %this week to $ 2.88. Altcoin, who is currently trying to maintain a $ 2.67 -dollar support level, is at a critical point as to whether the decline trend will continue. Although it is observed that investors do not pose large -scale sales pressure, TIA is still vulnerable to profit sales. If sales increase, the price may decrease below $ 2.67 and decrease to $ 2.50 or further.
However, according to analysts, TIA’s recovery of $ 3.28 can reversal market sensitivity. If this resistance level is exceeded, the receiver interest may increase and the price may enter a strong recovery process towards $ 3.88. As a result, while the uncertainty continues throughout the market, whether these three Altcoin can maintain critical support levels will be decisive in the coming days.
