The Hateful Eight: NPXS, DENT, HOT, BTT, KLAY, HNT, ENJ, CEL – Biggest Losers from April 9th to April 16th

The Hateful Eight: NPXS, DENT, HOT, BTT, KLAY, HNT, ENJ, CEL – Biggest Losers from April 9th to April 16th


In this article, I'll take a look at eight altcoins that decreased the most over the past seven days (April 9th – April 16th). Note these are top losers in top 100, there are other projects that have dropped more that have smaller market caps.  

 

This week’s hateful eight are:

 

NPXS

Out of our list of altcoins, the one that decreased the most is NPXS. It has been moving downwards since April 8, when it reached an all-time high price of $0.0094.

Since then, it has dropped by a massive 53%.

Currently, it’s trading right at the 0.618 Fib retracement support, which is found at $0.0036. It has potentially begun to bounce. 

The closest resistance is found at $0.006.

 

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DENT

DENT has been decreasing since April 5, when it reached an all-time high price of $0.0227. Since then, it has dropped by 48%.

Currently, it’s trading right at the 0.5 Fib retracement support at $0.011. 

If it bounces, the closest resistance area would be found at $0.016.

 

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HOT

HOT has been decreasing since April 5, when it reached an all-time high price of $0.031. 

So far, it has decreased by 41%. 

On April 14, it reached the 0.5 Fib retracement support level and appears to be bouncing off support. 

The closest resistance area is found at $0.023.

 

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BTT

BTT has been decreasing since April 5, when it reached a high of $0.0134. So far, it has dropped by 42%. 

On April 14, it managed to reach the 0.5 Fib retracement support at $0.0073 and began to bounce. 

The closest resistance area is found at $0.01.

 

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KLAY

KLAY has been moving downwards since reaching an all-time high price on April 3.

So far, it has moved downwards by 39%. It reached the 0.5 Fib retracement support level on April 12 and bounced. 

The next closest resistance area is found at $3.38.

 

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HNT

HNT has been moving downwards since April 7, when it reached an all-time high price of $21.50. 

So far, it has only decreased by 23%. 

In addition, it’s only at the 0.382 Fib retracement support at $14.19. 

The next support level (0.5 Fib retracement) is found at $11.93.

 

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ENJ

ENJ has been moving upwards since April 7. Three days later, it managed to reach a new all-time high price of $4. 

A further three days after that and it decreased to validate the $2.84 area as support. It has been increasing since.

The next resistance area is found at $4.88.

 

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CEL

Out of our list of altcoins, the one that decreased the least is CEL. It has been moving downwards since reaching an all-time high price of $7.96 on April 9. 

The decrease is contained inside a parallel channel, in what is likely to be a corrective movement. Currently, it’s trading right at the 0.382 Fib retracement support level and the support line of this channel.

Therefore, a breakout from this pattern would be likely.

 

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What altcoins are you currently eyeing up and why? Who do you think will be the top losers in the top 100 this next week? If you enjoy this sort of content, consider following me and also tipping the article. 

Also if you are on Twitter, I am currently holding a Bitcoin Giveaway, where you have the chance to win $500 worth of BTC. You can check it out on the pinned message on my Twitter - https://twitter.com/dizzlecrypto.

Until next time, stay classy! 

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pheonixdown-dee
pheonixdown-dee

I am an avid crypto enthusiast. Feel free to get in contact with me on - IG - https://www.instagram.com/crypto_dizzle/ Twitter - https://twitter.com/DizzleCrypto


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