The cryptocurrency market has remained bullish for this week, but those cryptocurrencies still performed negatively. However, the top crypto losers did not lose more than 10%. These tokens might bounce back and please crypto enthusiasts investing in them.
The cryptocurrency market has remained bullish for this week, but those cryptocurrencies still performed negatively. However, the top crypto losers did not lose more than 10%.
When writing, the SATS (1000SATS) price traded at $0.000290. It dropped by 1.03% in the last 24 hours. Its market capitalization was $617.36 Million, and the 24-hour trading volume was $65.63 Million, with a loss of 44%.
Based on the technical chart, the SATS price has been struggling below a horizontal resistance level of $0.000330. Buyers attempted once to overcome this resistance level but sellers showed their power. They dragged the price below that resistance level.
The SATS crypto price should trigger a breakout from the horizontal resistance level. Thus, it might not be one of the top crypto losers of the week. Rising in the trading volume might boost the momentum and the buyers may gain strength for the longer time frame.
Alternatively, buyers might panic if the SATS token price remains below the resistance level and forms a bearish marubozu candlestick. The price below the $0.000240 mark could attract sellers, and it might lead to a new all-time low.
When writing, the technical chart suggested that the Helium (HNT) price kept rising in higher highs and higher lows format. A recent bullish trend was interrupted near the $9 hurdle. The price dropped to an ascending trendline by losing 20%.
Suppose the HNT price forms a bullish candlestick in the higher-low territory, buyers may show interest in the pullback. Buying momentum can be generated once the HNT token price surpasses the 20-day EMA. It may also extend to the last swing high.
Conversely, if the HNT crypto price slips below the trendline, it could generate a selling signal. Here, most investors might prefer to book profit which could result in strong selling pressure.
Once the price loses the 200d-ay EMA, buyers might not bounce back. Consequently, HNT may remain listed among the top crypto losers of the week.
Based on the technical chart, the KuCoin Token (KCS) price has moved downward from the crucial $10 zone. The KCS buyers have managed to bounce back after a sharp fall at the beginning of August. They halted the price fall near the $7 mark.
If the price takes the support at the $7 mark, a double-bottom pattern could be developed. The RSI has developed a bullish divergence, which may help the price in gaining bullish momentum.
Buyers may show interest if the KCS price gains bullish momentum near the last swing low. Suppose the price surpasses the 20-day EMA, buyers may target the 200-day EMA level.
In contrast, this year’s low can be anticipated if the KCS crypto price loses the $7 mark. Once the price starts trading below the $5 level, sellers may try for a new all-time low.
The top crypto losers of the week, SATS, HNT, and KCS, didn’t perform as per investors’ expectations. SATS and KCS crypto displayed bearish forecasts while the HNT price was wandering in the pullback territory.
Although these cryptocurrencies got listed as top losers at press time, they showed the potential to bounce back. This analysis should help in making an accurate prediction of the top losers’ future performance.
The above is the detailed content of SATS, HNT, and KCS: The Top 3 Crypto Losers of the Week. For more information, please follow other related articles on the PHP Chinese website!

James Fickel is the founder of the Amaranth Foundation, funding longevity research, and the world's fifth richest known crypto investor.

Kaspa's KAS/USD price has increased 3.36% over the past 24 hours to $0.19. Over the past week, KAS has experienced an uptick of over 9.0%

Cryptocurrency staking has surfaced as one of the most lucrative ways of earning a passive income in the digital age. With several platforms working and offering their crypto staking services, sometimes it gets very difficult to decide upon one.
![MOG TRUMP [TRUMP] crypto rises by 50% in 24 hours, fueled by Donald Trump's continuous support for cryptocurrency](https://img.php.cn/upload/article/000/465/014/172321958166807.jpg)
Amidst the broader market recovery, MOG TRUMP [TRUMP] has surged over 50% in the past 24 hours, according to CoinGecko.

Crypto bounced back from yesterday's market crash, led by Solana and Binance Coin, as Tron founder Justin Sun took the opportunity to buy the dip

Bitcoin (BTC) traded near $65,000 yesterday and was recently back above $67,000 as the Bitcoin 2024 conference continues in Nashville.

Crypto is becoming a hotter topic of conversation around the U.S. Presidential election. Twenty-eight Democratic lawmakers and candidates sent a letter to the party's national committee chair seeking a reversal of the party's stance on bitcoin and cr

New opportunities are constantly emerging. One such standout is MoonTaurus (MNTR), a promising new memecoin currently gaining substantial attention

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

Dreamweaver CS6
Visual web development tools

ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment

Atom editor mac version download
The most popular open source editor

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Safe Exam Browser
Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.
