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Cryptocurrencies

Worst performers of the day: Zcash, Tezos, and Dash

Worst performance of a digital token or cryptocurrency depends on their overall market cap in the market, their current trading price, and the trading volume. Change in a single factor can affect the position of the token in the crypto market.

Worst performance of a digital token or cryptocurrency depends on their overall market cap in the market, their current trading price, and the trading volume.

Change in a single factor can affect the position of the token in the crypto market. Here are the 3 worst performers of the day:

1. Zcash

Zcash started this week with a bullish trend as the price was higher in the charts at around $50 against the U.S. dollar. But the recent market crash affected the position of the market as it declined by 6.47% in the past 24-hours.

Currently, Zcash is trading at $35.44 with resistance forming near $36.50, and support level can be seen forming near the $34.50 and $33 levels.

2. Tezos

The recent fall in the market has affected every altcoin and cryptocurrency. Tezos witnessed a similar trend in the charts as it went to the bearish zone. The price declined from $1.11 and went all the way down to $0.820 as the downward trend continues.

Currently, XTZ is trading at $0.824 against the U.S. Dollar as the price declined by 5.99% in the last 24-hours. Strong resistance forms near the $0.860 level, and immediate support is forming at $0.810 and $0.795 levels.

3. Dash

A price decline that started as a slight downward correction in this week turned out to be a huge fall in the price as the token declined by 5.83% in the past 24-hours.

Currently, Dash is trading at $68.54 as the price is suffering to form a bullish trend in the charts. Strong resistance can be seen near the $72 level as the price fail to climb the charts. Immediate support is forming near the $66 level.

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