BeInCrypto takes a look at the five projects that dumped the most last week in the crypto market, more specifically, from Oct. 14 to Oct. 21.
These are the worst-performing cryptocurrencies that have dominated the crypto market news in the past week:
- Chain (XCN) price is down 22.08%
- Maker (MKR) price is down 13.66%
- Casper (CSPR) price is down -4.99%
- BinaryX (BNX) price is down 3.51%
- Quant (QNT) is down 2.37%
Chain Price Prediction: Falls Towards All-Time Low
On Sept. 6, XCN broke down below the $0.079 horizontal area, which had been acting as support since April. Afterward, it validated it as resistance (red icon) on Oct. 20.
The XCN price has been falling since, continuing its decrease over the past 24 hours. It reached a low of $0.050 on Oct. 28. When measuring by the daily closing price, this is a new all-time low.
Currently, XCN is trading at the 1.61 external Fib support level at $0.050. A breakdown below it…