Today Hot Big Losers are $DGB , $PNUT , $XEC , #QNT , #BCH and #OXT ...
The cryptocurrency market has taken a bearish turn for several coins, with notable declines in DGB, PNUT, and XEC leading the losers’ list. Digibyte (DGB) experienced a sharp drop of 9.93%, trading at $0.01061. This significant decline suggests a strong selling pressure as DGB struggles to hold key support levels. Similarly, Peanut (PNUT) has fallen 9.09%, trading at $1.3027. This drop may indicate profit-taking activity after recent price gains or a weakening bullish trend. XEC (eCash) also saw a significant loss of 8.35%, now priced at $0.00004480, indicating that buyers might be losing momentum, potentially opening doors for a deeper correction..
On the lower end of the losers' list, Quant (QNT), Bitcoin Cash (BCH), and Orchid (OXT) showed smaller declines of 2.46%, 1.87%, and 1.51%, respectively. QNT, currently at $87.3, has dipped below its previous support zone, which could signal further downside unless buying interest resurfaces. BCH, trading at $498.6, has faced minor retracement but remains near key psychological support at $500. OXT, at $0.0784, is witnessing a mild correction but retains potential for recovery if it can hold above its immediate support levels. These coins reflect a mixed sentiment in the market, with some coins poised for potential recovery and others facing continued selling pressure. Traders should remain cautious and look for strong support zones to enter trades.