Top 3 Cryptocurrencies That Have Witnessed the Highest Decline Over the Last Few Days and Are Available at Attractive Prices

Over the last few days, the crypto market had been declining, following which the majority of the cryptocurrencies were trading in red

The crypto market had been declining over the last few days, following which the majority of the cryptocurrencies were trading in red. This decline in the price of the crypto led to discounts in the price.

Let’s take a look at the cryptocurrencies which have witnessed the highest decline over the last few days and are available at attractive prices.

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1. CORE

The price of CORE declined by 16% in the last 24 hours and at press time, the market cap value of the crypto was $807.811 Million. Additionally, the market cap ranking of the crypto is #71.

On the daily chart of CORE, a symmetrical triangle pattern is evident. Recently, the price of CORE broke below this pattern, signaling potential bearish momentum.

CORE/USD Chart by TradingView

CORE is trading 75.8% below its all-time high, which was achieved just a year ago. This significant drop highlights the volatility and challenges faced by crypto.

From the swing high of $4.2979, CORE has consistently recorded profits but has also experienced a substantial decline of 63%. The breakdown below the symmetrical triangle pattern indicates reflects the bearish market signals.

2. ORDI

The ORDI market cap declined by 15% in the last 24 hours while the value of the traded volume rose 92%. This resulted in a traded value of $278.576 Million resulting in a huge liquidity of 47%.

The maximum supply of the crypto is 21.0 Million ORDI which is similar to Bitcoin, resulting in a fully diluted market cap of $581.364 Million.

ORDI/USD Chart by TradingView

The price of ORDI has been within a falling wedge pattern for the last five months. If the price of the crypto breaks out above the falling wedge pattern, a strong surge in the price of the crypto could be seen.

3. SUI

The price of the SUI crypto is up by 76% from its all-time low price of $0.3643 which was achieved nine months ago. The market cap value of the crypto is $1.628 Billion which makes it the 46th largest cryptocurrency in the global crypto market.

Additionally, a decline of 7% in the price of the crypto was recorded over the last 24 hours. This was further followed by a surge of 43% in trading volume.

SUI/USD Chart by TradingView

Since the end of March 2024, SUI crypto underwent profit booking. Price consistently declined from a swing high of $2.1816 to $0.6478, which was the last traded price at press time.

This downward trend was confirmed by the formation of lower lows on the daily chart. The steady decline highlights bearish sentiments and selling pressure impacting the SUI crypto market.

This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

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