Like the weekly gainers, top weekly losers can also guarantee high rewards if you enter at an ideal buy point – which is why we have also compiled some of the top losers of the week. Take a look!
Luna Rush (LUS) is the top loser of the week with a decline of 60%. The token has been steadily declining ever since the beginning of March. If you aren’t already a holder then the current price may be an optimal entry point. Currently, the token is trading hands at $0.16 apiece and has lost 35% of its value during the day.
Cyclub (CYCLUB) broke its sharp uptrend as the token was overtaken by strong market corrections. The cryptocurrency subsequently suffered a loss of 47% during the weekly timeframe. The token is somewhat stable during the daily timeframe but with a bearish outlook. The current price level of the token is $0.017.
Chrono.tech (TIME) has also been on a declining trend during the monthly timeframe. The cryptocurrency has lost 31% of its value during the week and 10% of its value during the day. The current price is standing at $81. The platform provides blockchain-based solutions for human resource management.
Retreeb (TREEB) has been on a volatile downtrend since the beginning of March. The cryptocurrency has lost 26% of its value during the weekly timeframe while the daily price movement suggest a positive change of 3%. Retreeb is a decentralized payment services provider.
Sovryn (SOV) suffered a sharp decline during the recent timeframes which resulted in a weekly loss of 20% for the token. The downtrend appears to have been broken but the bulls are not strong enough to establish an uptrend yet. Currently, the token is standing at a price level of $2.73. Sovryn is a smart contract platform for BTC lending and borrowing.