CandleFocus

Weekly Cryptocurrency Market Analysis: Altcoins Fall To Critical Support Levels

The worst-performing altcoins, including Kaspa (KAS), Stacks (STX), FTX token (FTT), Flare (FLR), and Ethena (ENA), are all experiencing downtrends and have fallen to the bottom of the charts. KAS is currently in a sideways trend, but its upside is limited due to the presence of doji candlesticks. STX has found support above $1.30 but is struggling to break the $2.00 resistance level. FTT has dropped to the bottom of the chart and is facing resistance at $2.50. FLR is in a downtrend and has reached the oversold area of the market. ENA is also in decline and is trading near the bottom of the chart. It is important for investors to do their own research before investing in these cryptocurrencies.

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