Polygon's Ecosystem Token (POL) is trending sideways after crashing to the bottom of the chart. The price of the cryptocurrency fell to $0.244 before rising again.
The worst-performing altcoins have fallen significantly, while cryptocurrencies have sunk to the bottom of the chart. Price action is defined by doji candlesticks, which form the basis for consolidation.
Dogecoin (DOGE) has lost its bullish momentum as the bears break below the 21-day SMA. The cryptocurrency was dumped at a high of $0.48, which caused it to fall below the 21-day SMA.
The price of Cardano (ADA) has continued to recover from the bottom of the chart after being trapped at the high of $1.20. The cryptocurrency is recovering and is on track to reach its peak price of $3.00.