Dash

This week’s best-performing altcoins are trading sideways but have rebounded from the bottom of their respective charts.

The top-performing altcoins have recovered and entered the bullish trend zone.

The cryptocurrency with the weakest performance has continued to decline in the rankings.

The lowest-performing cryptocurrencies are trading in the negative trend zone and near the bottom of the chart.

It has been difficult to identify the best performing altcoins. This is because cryptocurrency markets are under heavy selling pressure. Cryptocurrency markets are experiencing various degrees of correction.

The major Venezuelan satellite television provider Simple TV has come out to announce that it will accept its subscription payment using a wide spectrum of cryptocurrencies starting with Bitcoin, Ethereum, Litecoin, Dash and Binance Coin. The news has triggered the prices of these coins to increase dramatically.

Following the breakdown on June 11, the market dropped to a $72 low. Sellers attempted to make a further downward push but were stopped at $70 support.

DASH price has been trapped between $60 and $90 price levels since April. For the past month, buyers have been making attempts to break the $80 resistance but to no avail.

The cryptocurrencies are in bear markets. The altcoins have all exhausted selling pressure and are in downward corrections. The bulls are making concerted efforts to push the price to the uptrend zone.